Maryland Housing Statistics: June 2021     Just like in May, we're still seeing that growth in the amount of units sold; 10,790 units in 2021 compared to 2020's 8,686 - a 24.2% increase. The average price of a home has risen 17.4% from last year and the median price as risen, as well, up 13.6%. Once again the median number of days a house stays on the market is 6 in 2021, but last year it was 14. However, the inventory is still low: 1.0 compared to last years 2.2. For more specific statistics,...

Maryland Housing Statistics: May 2021

   The housing market has been hitting a growth spurt with sales reaching 9,334, a 46.1% increase from 2020's 6,389. Average sales price increased 19% and median sales price grew 14.9% from last year, as well. Houses aren't staying on the market long (a median on 6 days, compared to last years 13 days), but the inventory is still low at 0.9, compared to 2.4 in May 2020.

   In the graphic below are all the statistics compiled by the Maryland Board of REALTOR...

Why Talbot County is a Good Place to Live    Everyone wants to know whether the place they're to settle down in their new home is truly the right place or not. And this can be tricky to figure out when there are so many things to factor into the decision: crime rates, security, education, poverty, etc. The Human Development Index (HDI) was created by the United Nations Development Programme (UNDP) to help with better-comparing areas nationwide. Comprised of previously identified contributors, t...