Linda Bass Yaffe

Realtor®

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Harbor East – Fells Point

Harbor East and Fells Point are all wonderful neighborhoods located in Downtown Baltimore City.  Each neighborhood offers its own uniqueness, however all of them feature city living at its best!

Harbor East is a walking community that features high-rise condominiums and apartments as well as a variety of restaurants and retail. This area has become very popular for graduate students at Johns Hopkins and University of Maryland medical campuses.

Fells Point boasts the greatest concentration of pubs and bars in the city!  It is the perfect place for those living an active lifestyle. Being that Fells Point is a waterfront community that features such a variety of pubs and restaurants, it is definitely a hot spot in Baltimore!


July 2011 – Baltimore Metro Market Watch Video

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July 2011 Market Statistics – Baltimore City, Maryland

July 2011 Real Estate Market Statistics for

Baltimore City, MD

Statistic Values YoY MoM
Total Sold Dollar Volume $67,429,105 +2.65% -5.44%
Closed Sales 467 +6.38% -0.85%
Median Sold Price $96,000 -16.52% -2.04%
Avg Sold Price $144,388 -3.5% -4.63%
Avg Days on Market 130 days +23.81% +9.24%
Avg Sold to Orig List Ratio 81.34% -3.81% -1.75%

June Market Statistics – Baltimore City, Maryland

June 2011 Real Estate Market Statistics for

Baltimore City, MD

Statistic Values YoY MoM
Total Sold Dollar Volume $71,305,383 -34.4% +12.18%
Closed Sales 471 -27.31% -0.42%
Median Sold Price $98,000 -30.44% +3.16%
Avg Sold Price $151,391 -9.75% +12.66%
Avg Days on Market 119 days +11.21% -11.19%
Avg Sold to Orig List Ratio 82.79% -7.68% +2.44%

May Market Statistics – Baltimore City

May 2011 Real Estate Market Statistics for

Baltimore City, MD


Statistic Values YoY MoM
Total Sold Dollar Volume $63,562,674 -33.04% +10.37%
Closed Sales 473 -18.31% +1.94%
Median Sold Price $95,000 -32.14% 0%
Avg Sold Price $134,382 -18.04% +8.27%
Avg Days on Market 134 days +18.58% -2.9%
Avg Sold to Orig List Ratio 80.82% -7.67% +0.62%

April Market Statistics – Baltimore City

Baltimore City Market Stats – April 2011

Baltimore City is interesting because there is such a range of pricing and style.  From the leafy roads of Roland Park and Homeland to the urban setting of Federal Hill and Fells Point, it is difficult to track trends on all of these areas in one chart.  Better to only focus on your neighborhood of interest.  Real estate is very local, especially in Baltimore.  Call us with your specific neighborhood of interest and we can narrow down the numbers for you.

Statistic Values YoY MoM
Total Sold Dollar Volume $57,587,935 -28.54% +20.36%
Closed Sales 464 -13.91% -4.72%
Median Sold Price $95,000 -25.78% +82.69%
Avg Sold Price $124,112 -16.99% +26.33%
Avg Days on Market 138 days +15% +4.55%
Avg Sold to Orig List Ratio 80.32% -5.35% +4.76%

Baltimore City Market Statistic Update – Canton, Federal Hill & Fells Point

The numbers are up but average price is way down! 

I see that as a good sign.  The investors are out and see opportunities to clean up some of these old homes.  That is GREAT for our city.  With so many renters in town from Johns Hopkins and the University of Maryland, we need more rental properties.  We also need affordable housing.  All good signs.  As this excess inventory gets gobbled up, we will see prices rise.

Baltimore City Market Stats – March 2011

Statistic Values YoY MoM
Total Sold Dollar Volume $47,844,728 -26.73% +5.38%
Closed Sales 487 +3.18% +19.66%
Median Sold Price $52,000 -52.51% -1.89%
Avg Sold Price $98,244 -28.99% -11.93%
Avg Days on Market 132 days +6.45% +10%
Avg Sold to Orig List Ratio 76.67% -8.01% -4.46%

Baltimore City Market Statistics Update – Canton, Fells Point & Federal Hill

Number of homes sold is up and median price is down.  Not a surprise.  With the market improving, numbers will be rocky for a while as we skid along the bottom.  Look for steady improvement over the next few months.  With so much employment and energy located downtown, Baltimore City is going to be just fine.

Baltimore City Market Stats – February 2011

Statistic Values YoY MoM
Total Sold Dollar Volume $45,401,283 +8.71% +5.88%
Closed Sales 407 +30.03% +4.9%
Median Sold Price $53,000 -51.77% -26.64%
Avg Sold Price $111,551 -16.39% +0.94%
Avg Days on Market 120 days +2.56% +7.14%
Avg Sold to Avg List Ratio 83.63% -2.62% -1.95%

Apple Store opens Baltimore’s Fells Point

New Retail in Fells PointCapitolMacCapitolMac is an Apple Specialist that just opened in Fells Point.  This is exciting news because it brings a new retail option to the Fells Point waterfront.

Obviously, the owners of CapticalMac have done their homework and know that Fells Point, Canton, HarborEast, etc. boast many residents that match the Apple demographic.  Smart, savvy, and young…these residents love their Apples – iPads, iPhones, you name it…they love it.

Not only can you purchase new Apple products at CapitolMac’s new location, but they are also available to assist with service issues on site with no appointment necessary!

Located at 714 South Broadway, this newest addition to Baltimore City is convenient to Fells Point, Harbor East, Canton, Federal Hill…really all of the City neighborhoods!

Welcome to Baltimore – CapitolMac.  And thanks for investing in our city.  You are wise to do so.

Yaffe Real Estate Best Buy List – Canton, Federal Hill & Fells Point

Jessica presents Yaffe Real Estate’s Best Buy List for Canton, Federal Hill & Fells PointFt Meade Best Buy List

Baltimore City Best Buy List

Are you tired of driving downtown every weekend to enjoy the nightlife?  Why waste your gas?  Just move to where the action is!

There are plenty of options for homes downtown, but this week’s list is the top ten condos in the Fells Point community!

1726 Aliceanna Street is a 2 bedroom 2.5 bath condo with a private rooftop deck, granite counters, stainless steel appliances, and gorgeous views of the city!  Plus it’s in walking distance to Harbor East, which offers a movie theater, Roy’s restaurant, James Joyce Pub, Oceanaire Restaurant and SO many more delicious places to eat!

Contact Jessica, jessica@yaffeteam.com, today to schedule an appointment to view these Hot Deals!

Yaffe Real Estate Best Buy List – Canton, Federal Hill, & Fells Point

Jessica presents Yaffe Real Estate’s Best Buy List for Canton Federal Hill & Fells PointFt Meade Best Buy List

Baltimore City Best Buy List

I was eating at Regi’s last week and saw all the locals walking around with their babies and their dogs and I could feel the springtime energy in the air!  Federal Hill has a little bit of everything to suit every one’s needs.  Riverside Park is the perfect place for your morning jog or stroll with your dog, shop at Alexandra Webb Artisan Jewelry, Amy’s Boutique, Artesanos don Bosco, and Babe (just to name a few).  For a quick lunch or dinner try Baltimore’s Best BBQ, Big Jim’s Deli, Konstant’s, or Nick’s Inner Harbor Seafood…all at the Cross Street Market!

Any of these foreclosures are in walking distance to every place named and a wonderful community that you can call home.  Enjoy!