Latest News

Maryland Real Estate in July: Sales Down 3% YoY, Inventory Down 31% YoY

Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.

From the Maryland Realtors for the entire state:

Closed sales in July 2021 were 9,685, down 3.2% from 10,001 in July 2020.

Active Listings in July 2021 were 10,164, down 30.8% from 14,685 in July 2020.

Months of Supply was 1.1 Months in July 2021, compared to 2.0 Months in July 2020.

Inventory in July was up 18.9% from last month, and up 64% from the all time low in March 2021.

What is your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:Latest News