Coronavirus Maryland real estate market trends are being put together by our MLS, Bright MLS. Here is the update for June 29, 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 24 of the Bright MLS multi-state report 06/29/2020, the Maryland real estate data shows the following:
In Maryland, the daily number of “New Active Listings” added to the market from 6/22-29 was higher than the number of listings as last year at the same time. It is very close to last year at the same time.
New pending listings from 6/22-29 dropped slightly, but continued the higher rate than last year for a fifth report.
Closings surpassed last year at the same time by a good amount!
The daily showing activity is still well above last year at the same point, though there was a drop in the last week. That, and as I 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:
If you have questions about getting your Timonium house ready to sell , please contact me. We can strategize together on your best next step. I would be pleased to be of service!