MARYLAND housing stats

HOUSING INVENTORY STATISTICS for
MARYLAND
(All 68 zip codes/communities)

You will not find this information anywhere else. Median sale price of homes by Zip Code and City. Data from MLS. Prepared by TOBIN SEVEN, Principal Broker / Army Veteran / Eagle Scout.
Quick summary of DMV (DC, MD and VA): MARYLAND and NORTHERN VA appreciation rapidly slowing, but much higher than DC. MARYLAND homes prices have have increased a little +4.4% annual increase---this is half of what the increase was in first part of this year!

  • MARYLAND housing market appreciation edging upward. Clearly now a Buyer's market. Below are annual appreciation rates.
  • Now +4.4%
  • July +2.8%
  • June +8.7%
  • May +9.9%
  • NORTHERN VIRGINIA housing market now BUYER's market. Price increases are slowing down. Last 3 months around 5% annual appreciation
  • Now +5.3%
  • July +4.9%
  • June +6.1%
  • May +9.5%
  • WASHINGTON DC homes are depreciating! In past 12 months home prices have gone down -1.0%.
  • Previous month showed +3.6% annual appreciation.

  • Tobin's NOTE: inflation is running at an annual rate of 8.3%. Despite what the Government says---I am seeing a recession in the housing market. Home prices are still increasing, however, annual appreciation has slowed a lot. For the first time in 2 years, my Buyers are able to ask for help with closing costs and we are able to do a full Home Inspection (and ask for repairs). It is becoming a BUYER's market.
Tobin's NOTE: Median price of home today in MARYLAND is $470,000. A +4.4% annual increase.
  • Same home 12 months ago would have cost $450,000.
  • You would pay $1,667 a month MORE, to buy same home, you saw 12 months previously.
TOBIN SEVEN, Principal Broker, Army Veteran.
Licensed in Virginia, Maryland and DC. Eagle Scout
SEVEN REAL ESTATE ASSOCIATES
Veteran Owned and Operated. 
Cell (703) 327-6800
Below, are links to useful Housing information. For DMV (DC, Maryland and Virginia).
See below. Good observation about home mortgage rates.
See below. In DMV area (DC, MD and VA), I am seeing annual rental rates increasing over 10%. This is the highest rental increase in several decades.
See below. It is about time! I am seeing price reductions and also new home builders offering additional incentives to home buyers.
See chart below: MARYLAND has growing inventory of homes for sale. And "closed sales"---in green---are at a 5-year low.
See "gold" and "orange" dials below. SUMMARY: Buyer's Market.

  • See chart below. MARYLAND home price appreciation has slowed to 4.4% annual growth rate:
  • Producer price index (PPI) up 8.7%---ouch. PPI is a predictor of future Consumer Price Index rise.
  • CPI (consumer price index) is 8.3%.
See chart below. MARYLAND saw a significant decrease in number of homes sold this year when compared to last year, 2021. Why?
  • buyer's are sitting on sidelines and are not buying
  • increasing home interest rates
  • and Buyers expect home prices to continue to decline
See chart below---by Zip Code and Corresponding City
The 68 zip codes/communities in MARYLAND experienced depreciation of -1.0%.
  • Inflation is 8.5%. Consumer Price Index (CPI)
  • Producer Price Index is 8.7% (PPI)
Past monthly, Housing statistics for Northern Virginia, Maryland and DC can be found at: www.DMVhousingStats.com archive goes back several years.






NEW. See to the right. Looking for recipes of food to make? Latest home improvement and designer tips? 6 times a year, Tobin offers a high quality 30+ page magazine. Download pdf of latest magazine. Download is safe.
FALL edition. See below. 24-page FREE booklet on important things to consider when BUYING a home. Click here to download pdf 24-page booklet. Download is safe.
FALL edition. See below. 23-page FREE booklet on important things to consider when SELLING a house. Click here to download pdf 20-page booklet. Download is safe.
Regards,
TOBIN SEVEN, Principal Broker (Realtor) / Army Veteran --- Licensed in Virginia, DC and Maryland. Eagle Scout.
SEVEN REAL ESTATE ASSOCIATES® is Veteran Owned and Operated.
Voted Top 8% of all Real Estate Agents in USA (2022 - 2018)
Cell: (703) 327-6800
Website: www.SoldBySeven.com,