Maryland real estate market trends from COVID-19 are being put together by our MLS, Bright MLS. Here is the update for November 16, 2020.

Bright MLS current covers seven states, so there are statistics for a number of areas. There is a general overview for the entire MLS, and later there is specific state data.

Starting on page 21 of the Bright MLS multi-state report 11/16/2020, the Maryland real estate data shows the following:

In Maryland, the daily number of “New Active Listings” added to the market from 11/2-9 rose slightly from last week, remaining above new listings from the same point last year.

New pending listings from 11/9-16 dropped this week, but remained above the same point last year, which it has since May 18.

Closings spiked up last week, after a slight drop the week before. The number of closings continued to remain above the number of closings as this point last year.

I appreciate this data from Bright MLS and look forward to seeing the next report so I can share with you once received.

End of month past reports:

Maryland real estate market trends from 10/26/2020.

Maryland real estate market trends from 9/28/2020.

Maryland real estate market trends from 8/31/2020.

Maryland Coronavirus real estate market trends from 7/27/2020.

Maryland Coronavirus real estate market trends from 6/29/2020.

Maryland Coronavirus real estate market trends from 5/25/2020.

Maryland Coronavirus real estate market trends from 4/30/2020.

Maryland Coronavirus real estate market trends from 3/30/2020.

Maryland Coronavirus real estate market trends from 03/24/2020.

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!