MARYLAND

HOUSING INVENTORY STATISTICS for
MARYLAND
MAY 2021

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.
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 5 links to useful information:
  1. Past monthly Housing Stats (for VA, MD & DC) can be found at: www.DMVhousingStats.com
  2. Tobin's website: www.SoldBySeven.com
  3. Housing Blog: https://TobinSeven.RealEstate-HQ.com
  4. Veterans/Military Housing Info: https://VeteransHomeChannel.com
  5. Email: Tobin@SoldBySeven.com
See chart below. Nationally, Home ownership is great way to build wealth through home equity.
Tobin's note: You would have to save $4,666.67 a month ($56,000 total) to buy same home you saw 12 months ago. 14.4% annual increase. WOW!

Why wait to buy? See statistics below that confirm the $56,000 increase in median home price in past 12 months
See chart below:
MARYLAND (see below) has a shortage of inventory of homes for sale.
See "gold" and "orange" dials below. SUMMARY: SELLER's Market.

See screen shot below. Homes across the country are selling quickly. Four years ago the average home was on the market for 39 days before the home sold. Today---only 17 average days on the market before a home sells.

See chart below. Sales are increasing from last year.
See chart below. Median sold price is up 14.4% in past 12 months. Homes in Maryland are on the market for only 6 days before being sold. WOW!
See chart below---by Zip Code and Corresponding City
The 73 zip codes/communities in MARYLAND saw a 14.4% increase in home sale median values in past 12 months, Median price of homes went UP from $390,000 to $446,000. WOW!
Past monthly, Housing Stats for Northern Virginia, Maryland and DC can be found at: www.DMVhousingStats.com
New SPRING 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.
New SPRING edition. See below. 20-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 LLC is Veteran Owned and Operated.
Voted Top 8% of all Real Estate Agents in USA (2021 - 2018)
Cell: (703) 327-6800
Website: www.SoldBySeven.com,
Veterans/Military Housing Info: https://VeteransHomeChannel.com