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What’s Happening in Maryland Multifamily? The September 2025 Snapshot

What’s Happening in Maryland Multifamily? The September 2025 Snapshot

by Harbor Stone Advisors | Sep 4, 2025 | Insights, Research

Pictured: Bethesda, MD (Montgomery County) Maryland Multifamily Overview Maryland’s multifamily market is entering a new phase. The historic supply wave is now firmly in the rearview mirror, with more than 10,000 units delivered in 2024, the first time the state has...
Baltimore Metro Q2 2025 Multifamily Market Report

Baltimore Metro Q2 2025 Multifamily Market Report

by Harbor Stone Advisors | Aug 18, 2025 | Market Research, Research

Key Takeaways: Baltimore Enters Period of Development SlowdownFewer than 800 units were delivered in the first half of the year, putting 2025 on track for the lowest annual total since 2010. The construction pipeline has also thinned, with active projects down 30...
Baltimore City Multifamily Q2 2025 Market Report

Baltimore City Multifamily Q2 2025 Market Report

by Harbor Stone Advisors | Jul 25, 2025 | Market Research, Research

Key Takeaways: Leasing momentum continues: Baltimore City experienced strong renter demand in Q2 2025, with overall vacancy dropping 80 basis points since the start of the year. Steady job growth has helped sustain apartment demand despite economic uncertainty. New...
Baltimore Adds 16,000 Jobs in May as Renter Demand Stays Strong and Supply Shortfall Pushes Rents Higher

Baltimore Adds 16,000 Jobs in May as Renter Demand Stays Strong and Supply Shortfall Pushes Rents Higher

by Harbor Stone Advisors | Jun 27, 2025 | Insights, Research

The Baltimore metro area is seeing sustained momentum in its multifamily housing market, driven by steady job creation and a slowdown in new apartment development. According to the latest data from the Bureau of Labor Statistics, the Baltimore MSA added 15,900 jobs in...
Southern Maryland Multifamily Q1 2025 Market Report

Southern Maryland Multifamily Q1 2025 Market Report

by Harbor Stone Advisors | Jun 5, 2025 | Market Research, Research

Key Takeaways: Steady population growth has anchored absorption, with the tri-county area adding more than 12,000 new residents since 2021, a 3.3% increase. Overall vacancies have declined by more than 150 basis points year-over-year. Construction activity remains...
Baltimore City Multifamily Q1 2025 Market Report

Baltimore City Multifamily Q1 2025 Market Report

by Harbor Stone Advisors | May 21, 2025 | Market Research, Research

Key Takeaways: Renter demand remains strong. In Q1 2025, Baltimore City experienced continued leasing momentum, with vacancy declining by 30 basis points. This marks the first quarterly drop in vacancy since 2021, indicating that the market is effectively absorbing...
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