Short answer – We don’t know yet, but right now it looks like summer slow down. Let’s start with the stats – how did July look? Average prices in Maryland for July are up 13.6% to $446,802. Since June 2021, the supply/months of inventory increased to 1.1 (in July 2020, it was 2) and median… Continue reading How’s the Market? Is it softening? Is this a shift?
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Tag: Seasonality
Understanding Pricing a House: Where to Start
Understanding Pricing a House Welcome to my new series, “Understanding Pricing.” How do sellers set the price for their house when they want to sell it? If you want to buy a house, how do you know if the price is a fair market price? In this blog, I will explain the way that the… Continue reading Understanding Pricing a House: Where to Start