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Thursday, August 12, 2021

Maryland Real Estate in July: Sales Down 3% YoY, Inventory Down 31% YoY

by Calculated Risk on 8/12/2021 12:06:00 PM

Note: I'm tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.

From the Maryland Realtors for the entire state:

Closed sales in July 2021 were 9,685, down 3.2% from 10,001 in July 2020.

Active Listings in July 2021 were 10,164, down 30.8% from 14,685 in July 2020.

Months of Supply was 1.1 Months in July 2021, compared to 2.0 Months in July 2020.

Inventory in July was up 18.9% from last month, and up 64% from the all time low in March 2021.