- by foxnews
- 06 Apr 2025
Maryland real estate market showed a measured start to 2025, with home sales increasing 2.1% in January compared to the same period last year. According to Maryland REALTORS®, 3,968 properties changed hands last month, slightly up from 3,866 in January 2024. However, rising home prices and dwindling inventory continue to shape market conditions, making affordability a growing concern for buyers.
Inventory constraints remain a pressing issue. The number of active listings dropped 10.9% to 9,338 homes, limiting options for prospective buyers. At the same time, new listings shrank by 16.2% to 4,980, further restricting supply. Adding another layer of complexity, mortgage rates remain volatile. The 30-year fixed mortgage rate peaked at 7.02% in mid-January before settling at 6.87% at the time of this report.
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