As we move deeper into fall, Maryland’s real estate market is settling into its seasonal rhythm. Observing recent data and local trends can help both buyers and sellers time their decisions wisely. Here’s what’s happening now—and what to expect as the seasons change.
1. Slower Sales, Rising Inventory
After the busy summer months, home sales across Maryland are cooling. Year over year, the number of homes sold has declined, while the number of active listings is rising. Redfin+1 This shift means buyers have more choices and less urgency, while sellers may need to adjust expectations.
2. Prices Still Climbing—but More Gradually
Although sales are fewer, prices continue to increase, but at a more modest pace. In many counties, median sales prices are up compared to last year, though some growth appears to be tapering. Redfin+2Maryland Association of REALTORS+2 For sellers, this means there’s still opportunity—but pricing accurately is more important than ever.
3. Best Time to Sell: Spring & Early Summer
Traditionally, the strongest selling season in Maryland runs from March through June, with late spring being the peak time to list. Homes listed in this window tend to attract more buyers, sell more quickly, and often for higher prices. HomeLight+2brunswickcrossing.com+2 If you want to maximize return, prepare your home now so it’s ready for that spring surge.
4. Winter & Late Fall: Buyer’s Edge
As the market slows into the colder months, motivated buyers may find better deals. With fewer competing offers, sellers who do list may be more open to negotiations. brunswickcrossing.com+1 For buyers, this quieter season can offer some advantage if you’re well-prepared.
5. Local Nuances Matter
Maryland is diverse—from suburban counties surrounding D.C. to coastal towns and rural areas. Inventory, days on market, and price trends can vary significantly by location. What’s true for Montgomery or Anne Arundel County might not hold in more rural Western Maryland. Working with a local agent who knows your neighborhood is key. Maryland Association of REALTORS+2HomeLight+2
Whether you’re looking to buy, sell, or just stay informed, understanding the seasonal pulses in the Maryland market can give you an edge. If you’d like to dig into trends in your specific area or get ready for next spring, I’d be happy to help.