Real Estate Monthly Market Update for September 2022

By
Real Estate Agent with Hollish Hill Group, JPAR Stellar Living

Curious about what is happening in the Maryland Real Estate Market?

Maryland REALTORS® has a monthly infographic that compared September 2022 to the market in September 2022. It is important to remember that interest rates are quite a bit higher this year than they were last year so we expect to see how the interest rates impact the real estate market in Maryland. 

September 2022 Market Report

As you can see the market is reacting as many expected. The inventory has dropped year over year and both the average and median prices have gone up year over year. Basic supply and demand. 

We are also noticing few new listings so it looks like this will spill into next month. And the median days on market is 8 as compared to 11 last September so demand is still there and stronger than the supply. 

If you are curious about the real estate market on a more local area or for your neighborhood, feel free to give me a call and I'm happy to provide the market stats for you. 

Posted by

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Dana Hollish Hill
REALTOR * Broker * Coach 
JPAR Stellar Living
800 S Frederick Ave, Suite 200, Gaithersburg, MD 20877
office 301.944.9070  
cell  202.271.5301
web danahill.jpar.com

Comments (2)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Dana and thank you for the great information to share with us here in the Rain.  Make it a great start to the week!

Oct 17, 2022 08:52 AM
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Selling the Main Line & Chester County

Nice graphic, good information to share with buyers and sellers.

Oct 17, 2022 01:36 PM