COLDWELL BANKER HOME LISTING REPORT FINDS BETHESDA RANKED MOST EXPENSIVE IN MARYLAND

Today, Coldwell Banker Real Estate LLC released its 2015 Home Listing Report (HLR), which ranks the affordability of the real estate markets in Maryland. The Coldwell Banker® Home Listing Report named Baltimore the third most affordable market in Maryland, with an average listing price of $221,812 while Bethesda ranked most expensive in the state, with an average listing price of $782,300, and Stevensville second with an average listing price of $598,238.

The annual report is the most extensive home price comparison tool currently available in the United States, ranking the average listing price of four-bedroom, two bathroom homes in more than 2,700 markets. While other affordability reports provide average or median prices for all homes in a given area, the Coldwell Banker Home Listing Report analyzes more than 81,000 four-bedroom, two-bathroom home listings to better address how much a home in one market would cost if the same home were located somewhere else in the country.

Rank Most Expensive Avg. Listing Price
1 Bethesda $782,300
2 Stevensville $598,238
3 Annapolis $587,252
4 Ocean City $570,372
5 Millersville $565,689

Most Affordable Avg. Listing Price
1 Cumberland/Lavale $143,139
2 Fruitland $189,805
3 Baltimore $221,812
4 Salisbury $232,918
5 Aberdeen $238,109

Full data for Maryland including affordability rankings of its local markets, is available on the Coldwell Banker Home Listing Report website.

Coldwell Banker Residential Brokerage, Mid-Atlantic is a leading residential real estate brokerage company with 32 sales and resort rental locations and more than 2,400 sales associates serving the communities of Baltimore, Washington, D.C. and the Maryland and Delaware Beaches. Coldwell Banker Residential Brokerage is a subsidiary of NRT LLC, the nation’s largest residential real estate brokerage company. Worldwide, the Coldwell Banker network includes 3,000 offices with nearly 86,000 sales associates. Every day, Coldwell Banker Residential Brokerage properties are exposed to 16 million buyers on more than 725 high-traffic websites. For more information or to view local listings, visit ColdwellBankerHomes.com. To learn more about a career in real estate or affiliating with Coldwell Banker, visit CareersCB.com.

About the 2015 U.S. Home Listing Report (Methodology):
The Coldwell Banker® U.S. Home Listing Report analyzes the average listing price of four-bedroom, two-bathroom real estate properties on coldwellbanker.com between December 2014 and June 2015 for 81,417 listings in 2,722 markets. The Coldwell Banker franchised affiliates, as well as other franchise brands associated with Realogy Holdings Corp, contribute to listings on coldwellbanker.com. Markets without at least 10 four-bedroom, two-bathroom listings on coldwellbanker.com between December 2014 and June 2015 were excluded from the ranking.