When Is the Best Time to Sell a House in Maryland?

Clever Real Estate

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Clever Real Estate

September 19th, 2022
Updated September 19th, 2022

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Should I sell now? | Best time to sell: Overall | Best time to sell: Price | Best time to sell: Speed | Best time by location | Top ways to sell your Maryland home

Listing your Maryland home at the right time can help you find a buyer quickly and earn the highest profit.

If you have some flexibility with your sale, it's worth doing some market research and timing your sale for the best outcome possible.

Key Takeaways

In terms of price, the best month to sell a house in Maryland is June. The median sale price for Maryland homes in June is $416,000, which is $36,905 more than the annual average.

The best month to sell a house fast in Maryland is April. Maryland homes sold in April are on the market for an average of 30 days, which is 17 days faster than the annual average.

Of course, this is just a small piece of the overall picture. When you should list will depend on your situation and location. Seeking the opinion of a local real estate expert will help you determine the best time for you to sell your Maryland home.

Clever Real Estate can connect you with top real estate agents in your area so you can discuss all your options. They will come up with a custom strategy to match your timeline and priorities. Plus, you'll save money on listing commissions if you sell with the agent.

👋 Talk with a local expert before you list

No matter the time of year, Clever can connect you with a local real estate agent to help you sell quickly and for more money. Talk with an expert about your options so you can make the right decision for your situation. Plus, with Clever:

✅ There's no obligation — you get expert advice for free

✅ You'll work with a full-service realtor from a top broker

✅ You pay only 1% or $3,000 if you decide to list with the agent


Should I sell my Maryland home now?

If you need to sell your Maryland home, it’s best not to delay and list now. Although listing prices have been dipping, there’s still some time to sell your house before the onset of winter, when prices are expected to bottom out. However, if your timeline permits, you may consider waiting until next summer, as this is usually when the market is hot with activity.

While this is the overall state trend, local markets tend to vary. As such, consult with an experienced realtor before listing your home. They can provide up-to-date advice for your area’s market and ensure you’re selling at the right time, for a good price.

»Get connected with a local agent today.

The best time of year to sell a house in Maryland

Determining the "right" time to sell your house is somewhat subjective; it really depends on your specific goals and circumstances. That said, if you're like most sellers — i.e., your top priorities are selling high and fast — here's when you should list your Maryland house.

Best month for:


Price
June
$36,905 more than average
Speed
April
17 days faster than average
Realtor.com (August 2022)

Best time to sell by location

It's important to note that trends vary from region to region. The table below shows the most lucrative months to sell for five cities in Maryland.

Location
Best month to sell
Typical sales premium
Average days on market
Baltimore
June
$34,165
31
California
June
$30,429
30
Hagerstown
March
$15,299
32
Cambridge
October
$13,225
50
Cumberland
August
$9,271
46
Realtor.com (August 2022)

Best time to sell in Maryland: Price


Median sale price
Sales premium*
June
$416,000
$36,905
*Compared to annual average

Historical data can help you understand when prices in Maryland are typically at their annual high and low. While each year will have slight variations, we looked at sale prices since 2016 to determine the trends and average prices for each month.

Month
Average sale price
Difference from average
January
$320,385
-$19,396
February
$324,191
-$15,590
March
$336,843
-$2,938
April
$345,999
$6,218
May
$356,879
$17,098
June
$361,769
$21,988
July
$352,929
$13,148
August
$348,146
$8,365
September
$338,255
-$1,526
October
$337,183
-$2,598
November
$331,725
-$8,056
December
$323,067
-$16,714
Annual Average
$339,781

Realtor.com (August 2022)

Best time to sell in Maryland: Speed


Days on market
Days faster
April
30
17
*Compared to annual average

Days on market — or DOM — is commonly defined as the number of days from when a property is listed on the MLS and when it's sold and taken off the market.

When a market has a low median DOM, that's usually an indicator of favorable conditions for sellers, i.e., a high demand among buyers. As with sale prices, we looked at data going back to 2016 to determine historically good months to sell quickly.

Month
Days on market
Difference from average
January
76
20 days slower
February
67
11 days slower
March
48
8 days faster
April
43
13 days faster
May
45
11 days faster
June
45
11 days faster
July
50
6 days faster
August
52
4 days faster
September
55
1 days faster
October
57
1 days slower
November
60
4 days slower
December
69
13 days slower
Annual Average
56

Realtor.com (August 2022)

Top ways to sell your house no matter the time of year

If you need to sell your Maryland home and it's not the best time of year to list, you still have options.

Sell quickly

You can still sell quickly by reaching out to a cash buyer or, if your house qualifies, to an iBuyer.

Cash buyers can close in a matter of days year round so you don't have to wait for a buyer during the slow season. You can also request offers from multiple buyers to ensure you're getting a good deal for your home.

Save money

One of the biggest costs when selling your house is real estate agent commissions. If you need to sell when sale prices are typically lower, saving on realtor fees is often your best option for maximizing your profit.

By listing with a flat fee MLS company instead of a traditional agent, you pay a more affordable upfront fee instead of a typical listing commission. However, you'll have to complete every step of the home selling process without professional help.

Another option is working with a discount brokerage. These are often full-service agents who work for reduced commissions.

No matter the time of year, the smart choice is always to talk with a real estate professional. Clever can connect you with an agent to go over your options and develop a customized sales strategy about how and when to sell your home. The service is 100% free and there's never any obligations.

👋 Next Steps: Talk to an expert!

If you're weighing your options for selling a house, Clever can help!

Our fully-licensed concierge team is standing by to answer questions and provide free, objective advice on getting the best outcome with your sale or purchase.

Ready to get started?

Give us a call at 1-833-2-CLEVER or enter your info below. Our concierge team will be in touch shortly to help.

Remember, this service is 100% free and there’s never any obligation.

If you're after the best sales price, the best month to sell in Maryland is June when houses sell for 9.73% more than average.

If your priority is speed, April is the best time to sell because homes tend to sell 17 days faster.

January is the month when homes sell for the least amount of money. When it comes to a quick sale, January is the worst time to list. Homes stay on the market for an average of 56 days.

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