Region?s home prices stabilize as total sales decrease again

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Home prices in the Baltimore area last month increased slightly over a year before, while total sales volume and the number of units sold fell by nearly 30 percent for the fourth consecutive month, according to data released Thursday by Metropolitan Regional Information Systems Inc.

The number of units sold year over year is a stronger indicator of the market than some of the other dollar-based figures, said Ross Mackesey, sales manager at Coldwell Banker Federal Hill.

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