06/10/2026
The housing market found it's momentum in May.
Nationwide, home sales surged to their highest levels since last December, showing that buyers are actively stepping back into the market.
While national data shows a steady upward trend, the Maryland housing market is moving with even more velocity.
Local demand continues to outpace national averages in both price growth and sales volume.
The May Market Breakdown:
Home Sales Volume
National: Up 3.2% year over year marking the highest volume since December.
Maryland: Surged 3.9% year over year with 5,824 homes sold across the state.
Median Home Price
National: Reached $429,300 a 1.3% increase compared to last year.
Maryland: Reached $448,407 a 2.4% increase year over year.
Inventory and Supply
National: Ticked up 3.3% month to month to 1.55 million units for sale.
Maryland: Active listings jumped 12.4% compared to this time last year giving buyers significantly more options.
What This Means for Buyers and Sellers:
For sellers home values are rising steadily. Demand remains resilient across the state, and serious buyers are out in full force looking for their next move.
For buyers the double digit jump in local inventory is a welcome relief. The influx of new listings means more properties to tour and a slightly more balanced pace than previous seasons.
The market is shifting into a healthier space for both sides of the transaction.
If you want to know what your specific home is worth in today's market or if you are ready to see the newest listings in your favorite neighborhood call/text me, send a direct message or leave a comment below to start the conversation.
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