Coronavirus Maryland real estate market trends are being put together by our MLS, Bright MLS. Here is the update for July 20, 2020.
A reminder from earlier posts: Bright MLS covers a large swath of states, so they have statistics for a number of areas, but then they drill down to specific state data.
Starting on page 25 of the Bright MLS multi-state report 07/20/2020, the Maryland real estate data shows the following:
In Maryland, the daily number of “New Active Listings” added to the market from 7/13-20 rose to meet the number of listings as last year at the same time.
New pending listings from 7/13-20 dropped slightly, but still higher than last year for an ninth report.
Closings dropped some, but are still above the same point last year.
The daily showing activity is still well above last year at the same point. As I have mentioned before, this could be partially due to the competing showing service, Centralized Showing Service not sharing this data from last year. ShowingTime has since bought their service and merged them into one.
I appreciate this data from Bright MLS and look forward to seeing the next report so I can share with you once received.
Here are past reports:
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