FEBRUARY 2023 ~ MARYLAND HOUSING STATISTICS
By Buzz Mackintosh, “Experience, reliable, leadership”
(Mackintosh REALTORS)
Maryland Home Sales Continue to Drop Amidst Signs of Improvement in theFebruary 2023 Maryland REALTOR® Housing Stats ANNAPOLIS, MD—March 16, 2023—Maryland home sales dropped 27.9% to 4,268 units in February 2023 against 2022’s figure of 5,923 units, according to the latest Maryland REALTORS® Housing Statistics Report. The average sales price rose 3.7% to $432,529, while the median sales price increased 4.2% to $375,000, continuing the trend of rising prices amidst a shortage of homes on the market. There are some encouraging signs, however. Two months into 2023 has shown an improvement over sales from December 2022. While the number of units sold is down, the decrease is less than December 2022’s decline of 41.9%. Average and median sales prices performed better as well in January and F...
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