Recent data has been released which directly compares the Year-over-Year changes in the market from April 2021 to April 2022, for both the Washington D.C. Metro and Baltimore Metro areas, shown below.
The data shows that median sales prices have increased in both markets, while demand has dropped around 17% to 20%. At the same time, inventory and volume of transactions are also down.
The one factor that appears unchanged is the median days on market, which remains at about 6.
Data and graphics courtesy of bright MLS.