The real estate market in the Maryland suburbs of Washington, D.C., including Charles, Frederick, Montgomery and Prince George’s counties, is seeing an increase in the median sale price in some areas, according to The Long & Foster Market Minute reports.

The Long & Foster Market Minute reports are compiled from data from residential real estate transactions within specific geographic regions, not just Long & Foster sales.

A number of areas in the Maryland suburbs experienced year-over-year increases in median sale price in July when compared to the same month in 2013. Median sale price increased by 8 percent in Prince George’s County, and by 4 percent in Charles County. Montgomery County experienced a decrease of 2 percent, while Frederick County saw a 4 percent decrease.

The number of homes sold in suburban Maryland increased by 2 percent in Charles County compared to June 2013. Other areas experienced decreases of 1 percent to 18 percent in the number of homes sold.

Inventory varied in the suburban Maryland market, and included a 30 percent decline in Prince George’s County and no change in Charles County. Montgomery County and Frederick County experienced increases of 13 percent and 24 percent, respectively.

Homes are continuing to sell at a steady pace throughout the region. Montgomery County lead the way with the shortest marketing period of 33 days. Frederick and Prince George’s counties each experienced a DOM of 42 days, and Charles County had a DOM of 63 days.

“Throughout this summer the real estate market has stabilized and in many regions inventory is up, meaning more homes for buyers to choose from,” said Jeffrey S. Detwiler, president and chief operating officer for The Long & Foster Companies. “Meanwhile, sellers are continuing to benefit from speedy transactions, with our data showing days on market averages of three months or fewer in nearly all parts of the Mid-Atlantic. Overall, the market is well positioned for future growth.”

The Long & Foster Market Minute is an overview of market statistics based on residential real estate transactions and presented at the county level. The easy-to-read and easy-to-share reports include information about each area’s units sold, active inventory, median sale prices, months of supply, new listings, new contracts, list to sold price ratio, and days on market. Featuring reports for more than 500 local areas and neighborhoods in addition to more than 100 counties in eight states, The Long & Foster Market Minute is offered to buyers and sellers as they aim to make well-informed real estate decisions.

The Long & Foster Market Minute reports are available at www.LongandFoster.com, and you can subscribe to free updates for the reports in which you’re interested.