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 January 2021 were 6,198, up 14.2% from 5,426 in January 2020.
Active Listings in January 2021 were 6,763, down 63.2% from 18,367 in January 2020.
Months of Supply was 0.8 Months in January 2021, compared to 2.5 Months in January 2020.