Maryland Housing Statistics September 2020
Saint Mary's County Average Home Price increased by +15.7% for 2020
It's no surprise to anyone with the increase in demand followed by the lack of inventory and low-interest borrower rates, that the average home value in Saint Mary's county has increased by more than 15% over the prior year. Our averages are following right along with the state averages, however, we are a far cry from the nearly 60% increase in Kent county.
The average days on the market have declined in 2020 from 24 days in 2019 to just a mere 8 days.
Below are two reports that show the state averages along with detail by county.