MARYLAND

HOUSING INVENTORY STATISTICS for
MARYLAND (all 74 zip codes/communities)

NOVEMBER 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.
Quick summary of DMV:
  • MARYLAND housing market is slowing down---7.2% appreciation versus previous 10.7% appreciation. Reason is due to low inventory of homes for sale in MARYLAND.
  • WASHINGTON DC has rebounded from negative appreciation to an annual increase of 4.4%.
  • NORTHERN VIRGINIA market experienced 7.1% annual increase.
Tobin's note: Median price of home today in MARYLAND is $434,000. Same home 12 months ago would have cost $405,000. Increase of $29,000 over 12 months. You would have to save $2,407 each month to buy same home you saw 12 months previously.
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 links to useful Housing information. For DMV (DC, Maryland and Virginia).
See below. Home interest rates will rise in 2022. Freddie Mac believes home interest rates will increase around 1%. I disagree, my opinion is that this is low. I anticipate home interest rates will be at least 4.5% or higher by end of 2022.
See below. Two Reasons Why Waiting To Buy a Home Will Cost You.
  • Where will home prices be a year from now?
  • Where will mortgage rates be a year from now?
See chart below: MARYLAND (see below). Supply of homes for sale is now at a 6-month low
See "gold" and "orange" dials below. SUMMARY: SELLER's Market.


See chart below. Interesting data. According to the National Association of Realtors (NAR), most Americans buy a home that is only 15 miles from their current home.
See chart below. MARYLAND home prices are increasing again. Previous months had shown high annual appreciation of 10+%. Appreciation is slowing down.
See chart below. MARYLAND saw a decrease in number of homes sold this year when compared to 2020. Why? Not enough inventory of homes to buy.
See chart below---by Zip Code and Corresponding City
The 74 zip codes/communities in MARYLAND experienced a "slowdown". Prior months saw a 10%+ INCREASE in median sales price. November saw the annual appreciation slowdown to 7.2% increase in sale price in past 12 months.
Past monthly, Housing statistics for Northern Virginia, Maryland and DC can be found at: www.DMVhousingStats.com archive goes back several years.






NEW. See to the right. Looking for recipes of food to make? Latest home improvement and designer tips? 6 times a year, Tobin offers a high quality 30+ page magazine. Download pdf of latest magazine.
NEW WINTER 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 WINTER 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,