Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Maryland home sales cooled for the 14th straight month in November amid a gigantic supply of listings, as annual price growth gained slightly, according to statistics provided by the Maryland Association of Realtors. There were 5,278 sales of new and existing single-family homes and condos last month, down 19.4 percent from a year earlier when 7,107 units were sold. The overall median sales price for single-family homes and condos was $307,654 in November, mostly unchanged from the previous two months, but up 1.6 percent from $302,822 a year ago. Among the areas reporting the steepest declines in sales compared to a year ago were: Prince George's County, down 24.1 percent to 934 sales; Montgomery County, down 20.9 percent to 905; and Baltimore (city), down 13.4 percent to 707. Although t...