Real estate market conditions for Metro-Baltimore and selected areas on the Eastern Shore of Maryland.
The following charts track four leading real estate market indicators (pendings, average sales price, average days on market, and average sold price to original list price) for Metro-Baltimore and selected areas on the Eastern Shore of Maryland (real estate trends for other areas including Annapolis, Arnold, Crownsville, Edgewater, Riva and other areas). The charts are interactive (so go ahead and click on them) and they are updated about the 10th of every month.
“New Pendings” shows the number of contracts ratified each month and is the best indication of the direction of the market. “Average Sales Price” is based on sales that close during the period. “Average Days On Market” shows how quickly homes are selling. And “Average Sold Price to Original List Price” reflects the discounted price buyers are paying for homes sold during the period. While all of these indicators are important, the best way to determine the value of a your home is a thorough market analysis.
Explore homes for sale in Maryland or request a detailed market or property analysis from Stephen Howell at Coldwell Banker Residential Real Estate for your home located in Anne Arundel County Maryland.
- Metro Baltimore
- Eastern Shore