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June 2025 Housing Stats

Maryland Home Sales Slide 1.3% in June  
as Market Shows Signs of Shifting Toward Buyers  
Days on Market Rises to 11; Price Reductions Gain National Momentum 

ANNAPOLIS, MD — July 16, 2025 — Maryland’s housing market experienced a modest slowdown in June, with 6,479 homes sold statewide, marking a 1.3% decline compared to June 2024 (6,563 homes), according to data released by Maryland REALTORS®. Despite the dip in activity, home prices continued to climb. The average sales price in June reached $543,801, up 3.9% year-over-year, while the median price rose 3.3% to $450,000. 

In Maryland, homes are taking longer to sell. The median Days on Market climbed to 11 days, a three-day increase over the same time last year. 

National Market Cooling: Builders Pull Back, Buyers Wait 

Maryland’s market reflects national trends. According to the National Association of Home Builders/Wells Fargo Housing Market Index, builder confidence plunged to 32 points in June—its lowest level in over two years. Measures of current and future sales, along with buyer foot traffic, are all on the decline. Meanwhile, homes are sitting longer on the market across the country, and price reductions are on the rise. 

“Maryland, along with other markets across the country, is seeing an increase in the number of price reductions. If this continues, it could indicate a shift toward a buyer’s market,” said Cheryl Abrams Davis, 2025 President of Maryland REALTORS®. “This is where a REALTOR® makes a real difference—helping buyers and sellers read the market, time their decisions, and navigate trends to get the best outcome.” 

Maryland REALTORS® encourages consumers to visit the "REALTOR® Value" section on MarylandHomeownership.com to learn more about how REALTORS® advocate for their clients. 

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Maryland REALTORS® professional members are experts in housing and real estate and are available for interviews and as subject matter experts.  Contact Dan Patrell at dan.patrell@mdrealtor.org for more information.  



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