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The number of homes selling in Baltimore fell 30 percent last month compared with 12 months ago, when buyers were trying to beat the deadline for $8,000 in incentives.

Average sale prices fell about 1.4 percent to just beneath $272,000, according to figures released by Metropolitan Regional Information Systems (MRIS).

Honebuyers closed on 1,560 homes in the greater Baltimore area, down from the 2,219 that sold 12 months ago.

Sales in October 2009 were bolstered by homebuyers who thought they had only until November 30 of that year to settle on contracts if they wanted the first-time home buyer tax credit.  That a deadline that was later extended into 2010.

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