Your Maryland Real Estate Specialists

Maryland Real Estate Market Update

Get the Winning Edge with Grant, Weston, & Jim Bim

Maryland's market grew a bit heading into September — there's more inventory to choose from, more competition among sellers, and pricing that's holding remarkably steady year over year.

The big theme this month: don't panic. We're not in a buyer's market or a seller's market — we're in a very normal real estate market, and the fundamentals still reward doing things right from day one.

Maryland By The Numbers

Year Over Year

▲ 27%

Active Inventory

~7,000 active homes for sale vs ~5,500 this time last year

▲ 60%

Under Contract & Closed

~4,800 homes under contract or closed vs ~3,000 last year

▼ 17%

Completed Sales

~2,500 closed units vs just over 3,000 last year

▼ <1%

Average Sales Price

~$525K, essentially flat — down about $1,000 from ~$526K last year

What This Means If You're Selling

With more competition on the market, you've got to be priced right from day one. Median days on market has jumped from just seven days last year to almost 28 days today — and a lot of that comes down to overpricing. A home worth $525,000 listed at $550,000 often ends up selling for less than it would have at the right number.

The good news: sellers who do everything correctly — right price, right condition, right strategy — are still seeing multiple offers. It's not a buyer's market or a seller's market right now; it's a normal one, and the basics still work.

What This Means If You're Buying

Buyers have more to work with this month — active inventory is up sharply, giving you more homes to consider before making a decision. With homes sitting a bit longer, there's less pressure to rush into an offer just to keep up.

That said, don't mistake more inventory for a buyer's market. Well-priced homes are still drawing multiple offers, so when you find the right house at the right time for you, be ready to move on it.

Ready to Make a Move in Maryland?

Serving buyers and sellers throughout Maryland with local, neighborhood-level guidance.

Call 410-461-2800

Grant Bim, Weston Bim & Jim Bim — Winning Edge Real Estate

Jim Bim September 01, 2026

Welcome to Winning Edge Real Estate a Family Owned and Operated Real Estate Brokerage where Winning Matters. We serve all of your real estate needs in and around the Baltimore / Washington Corridor. The Company is run by Jim Bim, Broker of Record, his son's Grant Bim and Weston Bim are Sales people within the company. Jim, Grant and Weston work to help their Sellers & Buyers accomplish their real estate goals while the Office Manager, Valerie Bim, and our Assistant, Kimberly make sure that homes go from "FOR SALE" to "SOLD" smoothly while making sure to keep you informed every step of the way. As real estate specialists we are experts in representing both home Sellers and home Buyers. We can help with general residential home / town home / condo resale, new homes, custom home construction, land sale, sub dividing acreage, as well as investment property. We are very knowledgeable of Howard County, Maryland as we have lived in the area for 40+ years. Due to our clients moving throughout the state, we also are very knowledgeable of Anne Arundel County, Carroll County, Frederick County, Baltimore County and Montgomery County. We actively work on a daily basis in areas that include: Fulton, Ellicott City, Columbia, Mount Airy, Clarksville, Woodstock, Jessup, Marriottsville, Glenelg, Glenwood, West Friendship, and everywhere in between. We also service Western Baltimore County which includes Arbutus, Halethorpe, Catonsville, Owings Mills and Reisterstown. We provide a free Maryland Real Estate search where we feature Howard County, Carroll County, Baltimore County, and Anne Arundel County real estate that will allow you to find homes, condos, townhomes, new homes, luxury homes, or even acreage, lots, or investment properties. Do you want to invest for your future, but you are not sure how to make the leap to become a real estate investor? We can help you find the right money making property, rent your property, and manage your property. If you have the desire to be a real estate investor, then we have the knowledge and know how to get you to real estate investor success. Quick Stats/Highlights: 100% of asking price (average) 63+ active listings Serving: 8 Maryland counties Hundreds of 5-star reviews