Note: I’m posting data for many local markets around the U.S. The story is the same everywhere … inventory is at record lows.
From the Maryland Realtors for the entire state:
Closed sales in February 2021 were 6,209, up 12.3% from 5,527 in February 2020.
Active Listings in February 2021 were 6,245, down 65.6% from 18,179 in February 2020.
Months of Supply was 0.8 Months in February 2021, compared to 2.4 Months in February 2020.