Uploaded February 2018 | Updated September 2026, 2 weeks ago

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Maryland Real Estate Market Update for February 2018 By Maryland Realtor Malcolm Lawson of Keller Williams Select Realtors.
HomesByMalcolm.com

So what does it all mean?
Still, in a seller's market, we have more buyers than sellers. Interest rates are rising and experts predict they will continue to rise to the low 5% by next year. If you are thinking about selling your home, this is the time to do it while we have a surplus of buyers in the market and interest rates are still at a low rate.

Average Sales Price
Up 1.5%

Number of Homes Sold
Down .7%

Homes Currently on the market
Down 14%

Months of Inventory
Down from 4.2 months to 3.7 months

30% Mortgage Interest Rate
Up from 4. 16% in 2017 to 4.52% today



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My name is Malcolm Lawson, I am a Maryland Real Estate Agent and team leader of The Lawson Group of Keller Williams. Schedule your FREE home buying or selling consultation with me and my team here thelawsongroupmd.com/contact

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The Lawson Group
Keller Williams Flagship

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