Maryland Real Estate in January: Sales Up 14% YoY, Inventory Down 63% YoY

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.