When it comes to buying a home, timing can make all the difference — and in Maryland, every season has its own perks. Whether you’re hoping to snag a deal or explore a wide range of listings, here’s a seasonal breakdown to help you plan your move.
Spring (March – May)
Pros:
- Inventory jumps — Spring 2024 saw a 15% increase in listings compared to winter.
- More choices = more chances to find your dream home.
Cons:
- Higher competition means you’ll need to act fast.
Seasonal Tip:
Take a breather at local farmers’ markets or events like the Maryland Sheep & Wool Festival.
Summer (June – August)
Pros:
- Peak time for single-family home listings — ideal for families planning a summer move.
Cons:
- Hot, humid weather makes mid-day tours uncomfortable. Try mornings or evenings.
Seasonal Tip:
Explore new neighborhoods with trips to the Maryland State Fair or Chesapeake Bay.
Fall (September — November)
Pros:
-
Less buyer competition = stronger negotiation power on price and closing costs.
Cons:
-
Fewer listings, so stay alert for new opportunities.
Seasonal Tip:
Enjoy fall fun at pumpkin patches and the Maryland Seafood Festival as you settle in.
Winter (December – February)
Pros:
- Lower home prices — typically 5–10% less than peak season.
- Motivated sellers are open to negotiation.
Cons:
- Limited inventory.
Seasonal Tip:
Get festive between showings with holiday lights and Miracle on 34th Street in Baltimore.
Why Now Might Be the Best Time
- Home Prices Are Climbing – Up 5.3% year-over-year in Maryland.
- More Inventory – Listings are up 15–20% from last year.
- Rates Are Dipping – Mortgage rates hit a low average of 6.08% in September.
Quick Maryland Market Stats:
Listing Price
Inventory
Mortgage Rates
January
October
September
June
February
May
$416,558 (↑ 2.11% MoM)
7,642 homes (↑ 33.8% YoY)
6.76% (↓ 2.7% MoM)
Ready to find your perfect home?
Call The MyHome Mortgage Team today to get started with expert guidance and top-tier down payment assistance.
Read More
Testimonials
Patient & Helpful
Tammi was very patient and very helpful throughout the entire application process. Being a first-time home buyer I didn't know a lot of this which made me frustrated but I was able to get approved and now I am a homeowner thanks to Tammi!
— James C.
No Pressure or Stress!
Tammi Lewis made my home buying experience very easy. I felt no stress or pressure. Tammi was with me every step and made sure I understood everything with detailed talks. My credit score was low and Tammi advised me how to raise it. So that the Loan process would be approved with no problems. Any one know that wants to buy their first home I am recommending Tammi Lewis and First Home Mortgage.
— Charlie F.
Professional & Timely
Rob made sure my experience as a first time home buyer was smooth and painless. Very professional and got things done in a timely manner. Could not have asked for more!
— Samantha J.
Great Experience for a New Homeowner
Rob was at all times, willing to go over the numerous pages of information with me. I am a new homeowner and had many as this was my first time navigating the home-buying waters. He explained things to me in a way that I understood and got me all of my documents in a timely and efficient manner. I enjoyed working with him and would refer him to anyone who is looking.
— Erica F.