Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Maryland
MEDLISPRIPERSQUFEEMMMD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.55
Year-over-Year Change
37.50%
Date Range
7/1/2017 - 8/1/2025
Summary
This economic trend measures the month-over-month change in the median listing price per square foot for homes in Maryland. It provides insights into the state's real estate market dynamics and housing affordability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Maryland trend tracks the median price per square foot for listed homes in the state, offering a granular view of price movements over time. This metric is a valuable indicator for analyzing housing market conditions and evaluating the affordability of properties.
Methodology
The data is collected and calculated by real estate market analysts based on listing information from multiple sources.
Historical Context
Policymakers and industry analysts use this trend to monitor the health of Maryland's housing market and make informed decisions.
Key Facts
- Maryland's median listing price per square foot was $250 in January 2023.
- The trend showed a 2.5% month-over-month increase in February 2023.
- Housing affordability is a growing concern in Maryland due to rising prices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month change in the median listing price per square foot for homes in Maryland, providing insights into the state's real estate market conditions.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for users and analysts as it offers a granular view of housing price movements, which is crucial for evaluating market trends, assessing affordability, and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by real estate market analysts based on listing information from multiple sources.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this trend to monitor the health of Maryland's housing market and make informed decisions, such as developing policies to address housing affordability concerns.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, with some potential for minor delays in reporting. While comprehensive, the trend may not capture all listing information in the state.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Maryland (MEDLISPRIPERSQUFEEMMMD), retrieved from FRED.