MARYLAND

HOUSING INVENTORY STATISTICS for
MARYLAND
OCTOBER 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 MARYLAND, NORTHERN VA and DC:
  • MARYLAND housing market is getting stronger---SELLER'S MARKET. You would have to save $3,617 per month to buy the same home you saw 12 months previously. Reason for 10.7% appreciation is due to low inventory of homes for sale in MARYLAND.
  • In contrast, DC market has crashed with an annual decline of 4.3%.
  • NORTHERN VIRGINIA market experienced 8.5% annual increase.
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. Median number of years a home owner owns their home has dropped, a lot. Today median ownership is only 8 years.
See below. Graph shows number of showings for homes for sale. The higher the number, the more interest and activity in buying a home. Reason September 2021 dropped from prior October---due to not enough homes to buy.
Tobin's note: Median price of home today in MARYLAND is $570,000. Same home 12 months ago would have cost $525,000. Increase of $45,000 over 12 months or a monthly increase of $2,208.33.
See chart below: MARYLAND (see below). Very limited number of Homes for sale. Home inventory at a 5-year low.
See "gold" and "orange" dials below. SUMMARY: BUYER'S Market.


See chart below. Sales are down from last year. Reason for decline---MARYLAND market does not have enough homes for sale.
See chart below. MARYLAND home prices are strong and are appreciating at an annual rate of 10.7%. There is not enough inventory of homes for sale as homes are selling in 9 days.
See chart below---by Zip Code and Corresponding City
The 76 zip codes/communities in MARYLAND are reporting a large increase in value. Home appreciation was up 10.7% 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.






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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,