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Maryland Housing Statistics

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Real Estate Agent with 410-935-5844 Office 634480

Maryland Housing Statistics

 

The number of homes on the market continued a downward trend for January 2018, which in part was responsible for a slight increase in prices.

 

January 2018 Versus January 2017

 

Units Sold:

January 2017: 4,752

January 2018: 4,721

Change: -0.7%

 

Units Under Contract:

January 2017: 6,602

January 2018: 6,425

Change: -2.7%

 

Units Actively on the Market:

January 2017: 20,186

January 2018: 17,503

Change: -13.3%

 

Average Sold Price:

January 2017: $301,876

January 2018: $306,296

Change: +1.5%

 

Median Sold Price:

January 2017: $261,622

January 2018: $264,016

Change: +0.9%

 

Kathryn Sparks
Zenith Realty - Baltimore, MD

Ron,

Even with a shrinking inventory, the increasing interest rates should slow price increases.

Feb 12, 2018 01:30 PM
Karen Krzniak
Zenith Realty - Towson, MD

Ron,

This has been about a two year trend that inventory has been decreasing.

Feb 12, 2018 01:32 PM