14 April March 2025 Housing Stats by Jacky Mueck Housing Stats 0 0 Comment 291 Maryland’s March 2025 Housing Statistics Reveals Drop In Units Sold, as Pending Units Climb ANNAPOLIS, MD—April 14, 2025 — Maryland housing sales fell 10% in March 2025 to 4,823 units, versus March 2024’s total of 5,358 units, according to the Maryland REALTORS®’ March 2025 Housing Statistics. The average sales price rose 3.2% to $488,315, while the median sales price grew 3.7% to $420,000. Unlike January and February 2025, units pending—houses under contract—grew 6.1% to 6,621 units, while active inventory dropped 4.5% and the number of new listings entering the market fell 7.9%. “Lack of inventory remains the primary barrier to homeownership,” said 2025 Maryland REALTORS® President Cheryl Abrams Davis. “Prices continue to rise as fewer homes are sold.” Abrams Davis did see a bright spot with the recent passage of HB 1466/SB 891 by the Maryland Legislature, allowing adoption of Accessory Dwelling Units (ADUs) across all of Maryland. “We look forward to its enactment into law and for local governments to take action on expanding ADUs in their communities. We could add upwards of 20,000 units for Marylanders, if local governments do their part for their constituents. Housing is the number one concern of Maryland voters, and local officials at the state and local levels need to take bold and meaningful action to address this crisis.” # # # Additional Resources: Download March 2025 Housing Statistics Download March 2025 Housing Statistics Infographic Watch ADUs: A Common Sense Solution Watch Maryland's Economy Begins at Home Download State of Maryland Housing 2025 Infographic 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. 2025, Housing Stats, March 2025 Share Comments are closed.