DECEMBER 2024 MARYLAND HOUSING STATISTICS
By Buzz Mackintosh, “Experience, reliable, leadership”
(Mackintosh REALTORS)
December 2024 and Annual Data Report Annual Increases in Housing Sales, According to the Maryland REALTORS® Housing Statistics ANNAPOLIS, MD—January 16, 2025—Maryland’s housing sales grew 10.2% in December 2024 to 5,472 units, versus 2023’s total of 4,966, according to the Maryland REALTORS®’ December 2024 Housing Statistics. The average sales price rose 7.5% to $498,153, while the median sales price grew 6.2% to $424,650. Looking at 2024 as a whole, housing sales grew 1.5% over 2023, with 68,947 homes sold in the year. The average sales price grew 5.8% to 495,360, while the median sales price grew 5.0% to $420,000. Pending Units (houses under contract) grew 2.9% in 2024. Interestingly, Months of Inventory (housing available for sale) has grown since the pandemic, with 1.0 month of inv...
Comments
6