Here are your Central Maryland real estate stats for July 2023. Click the links below to get information for each county.
It’s not huge, but we are seeing a very slight uptick in the number of listings on the market for some counties. On a national level, existing home sales were down 17.1% for the 2nd quarter of 2023 in comparison to 2024. Existing home sales were forecasted to be down only 9.1% for the 3rd quarter of the year and have an increase of 9.6% for the 4th quarter of this year. Only time will tell, but we are seeing an increase in listings on our Team as well. 🤞
Most counties in Central Maryland still show that homes, on average, are selling for more than their original list price. Days on market are still relatively low and the median sold prices for all counties is higher than it was in August of 2022.
Don’t see your county listed? Reach out to us! We’d be happy to send your county stats over to you.