Maryland Housing Statistics:

June 2021

    Just like in May, we're still seeing that growth in the amount of units sold; 10,790 units in 2021 compared to 2020's 8,686 - a 24.2% increase. The average price of a home has risen 17.4% from last year and the median price as risen, as well, up 13.6%. Once again the median number of days a house stays on the market is 6 in 2021, but last year it was 14. However, the inventory is still low: 1.0 compared to last years 2.2. For more specific statistics, take a look at this infograph from the Maryland Board of REALTORS®.

           In the graphic below are all the statistics compiled by the Maryland Board of REALTORS®. Some places to note are:

• Kent County's 80.6% increase (56 units sold in 2021 compared to 30 in 2020)
• Montgomery County's 47.8% increase (1,707 units sold in 2021 compared to 1,155 in 2020)
• Queen Anne's County's 36.3% increase (139 units sold in 2021 compared to 102 in 2020)
• Charles County's 29.8% increase (396 units sold in 2021 compared to 305 in 2020)
• Anne Arundel County's 26.0% increase (1,284 units sold in 2021 compared to 1,019 in 2020)
• Fredrick County's 20.2% increase (606 units sold in 2021 compared to 504 in 2020)

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   Realty Navigator is a full-service, independently owned, and operated real estate brokerage with offices in Annapolis and Chester, MD. We provide customized real estate listing services, residential homes, and land for sale from Brandywine, Prince George's County, to Kent Island and in Talbot, Caroline, Queen Anne's County. Trusted and experienced agents are standing by to discuss your real estate transaction. Call or click today at 443-256-3773 or 410-643-3404. If you need to speak to the Broker, Petra Quinn, call 443-600-1986.

Disclaimer: This is not our information. We do not claim to be the originators of this information. All information found in the article has been paraphrased or directly quoted from its source material; we only wish to help the spread of useful information.

Source = The June2021 news release from the Maryland REALTORS