As we look ahead to 2025, the Maryland real estate market presents both opportunities and challenges for sellers.
Market Overview
Maryland's housing market remains resilient with strong demand in key corridors around Baltimore, the D.C. suburbs, and the I-95 corridor. The median home price has risen to approximately $435,900, representing steady year-over-year appreciation.
Key Trends
Inventory Levels: While inventory has increased from historic lows, it remains below pre-pandemic levels, keeping the market favorable for sellers in most areas.
Interest Rates: Mortgage rates have stabilized, bringing more buyers back into the market who were previously sidelined.
Technology Adoption: AI-powered listing tools, virtual tours, and digital closing processes are becoming standard expectations for buyers.
Strategic Implications
For sellers, the message is clear: price competitively, present your home well, and leverage modern marketing tools to reach the widest audience. Flat-fee MLS listings are particularly attractive in this environment, allowing sellers to maximize their net proceeds.