Affordable home prices attract buyers to region

While home prices in the Washington Metropolitan region have started to dip, prices in the greater Baltimore region are still on the rise, according to July 2006 housing statistics compiled by Metropolitan Regional Information Systems (MRIS).

MRIS reports that for Greater Baltimore, which includes Baltimore City and Anne Arundel, Baltimore, Carroll, Harford and Howard counties, average sale prices for the month of July were up 6 percent to $329,855, compared with July 2005. Additionally, the July figures are up compared with this year?s June sale prices of $319,633 and May prices of $316,123.