The Baltimore real estate market, including Baltimore, Anne Arundel, Howard and Harford counties and the city of Baltimore, saw some positive changes in the month of July, according to The Long & Foster Market Minute reports. Median sale prices remained steady in some areas, and homes are selling at a solid pace.

The Long & Foster Market Minute reports are compiled from data from residential real estate transactions within specific geographic regions, not just Long & Foster sales.

Median sale prices in the region stayed steady in a number areas when compared to the same month last year. Anne Arundel, Baltimore and Howard counties all experienced no change in median sale prices. Harford County and Baltimore City saw decreases of 5 percent and 10 percent, respectively.

The number of homes sold in the Baltimore region largely decreased when compared to July 2013, with the exception of Baltimore County, which saw a 4 percent increase. Other areas experienced declines of 2 percent to 14 percent in the number of units sold.

Active inventory increased in much of the region in July compared to year-ago levels, although Baltimore City saw a 2 percent decrease in inventory levels. Baltimore County experienced a 6 percent increase, while other areas saw increases of 13 percent to 24 percent.

Many homes in the region are selling in about two months on average. Howard County experienced the lowest days on market (DOM) average at 41 days. Homes in both Anne Arundel and Baltimore counties experienced a DOM of 53 days, while Baltimore City saw a DOM of 58 days. Harford County experienced a DOM of 61 days.

“Throughout this summer the real estate market has stabilized and in many regions inventory is up, meaning more homes for buyers to choose from,” said Jeffrey S. Detwiler, president and chief operating officer for The Long & Foster Companies. “Meanwhile, sellers are continuing to benefit from speedy transactions, with our data showing days on market averages of three months or fewer in nearly all parts of the Mid-Atlantic. Overall, the market is well positioned for future growth.”

The Long & Foster Market Minute is an overview of market statistics based on residential real estate transactions and presented at the county level. The easy-to-read and easy-to-share reports include information about each area’s units sold, active inventory, median sale prices, months of supply, new listings, new contracts, list to sold price ratio, and days on market. Featuring reports for more than 500 local areas and neighborhoods in addition to more than 100 counties in eight states, The Long & Foster Market Minute is offered to buyers and sellers as they aim to make well-informed real estate decisions.

The Long & Foster Market Minute reports are available at www.LongandFoster.com, and you can subscribe to free updates for the reports in which you’re interested.