The 2024 real estate market had challenges in affordability while homebuyer demand grew. The Baltimore real estate market showed a 1.2% increase in number of sales over 2023. The median sold price in Baltimore was up 6.3%. New listings were up 4.4%. Looking towards 2025, only one in five consumers believes now is a good [...]
The 2024 Maryland housing market statistics comes from data collected from the Maryland Association of Realtors(R). Thank you to Maryland Realtors for this data, report, and infographic. The 2024 Maryland Housing Market Statistics show a 1.5% increase in units sold. The 2024 Maryland home sales price average was up 5.8% to $495,360. All of this [...]
The 2023 Mid-Atlantic housing market review from Bright MLS covers six states and the District of Columbia. It covers a little more than the "official" Mid-Atlantic area, going North to New Jersey and West to West Virginia. Here are the areas covered in the report: District of Columbia, Delaware, Maryland, New Jersey, Pennsylvania, Virginia and [...]