Is Ashton, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Ashton has remained a Seller's Market.
Key Takeaway
Ashton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ashton, MD
How much do homes in Ashton, MD cost?
Median Sold Price
$825,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Ashton have sold for 32% more than they did a year ago.
Summary: The median home sold price in Ashton was $825,000 in May 2024, up 32% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $510K | N/A |
| 3 Bedrooms | $455K | $570K | +25.3% |
| 4 Bedrooms | $592K | $825K | +39.4% |
| 5+ Bedrooms | $827.5K | $1.1M | +32.9% |
Summary: Ashton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 25.3%, 4 bedroom homes increased by 39.4%, and 5+ bedroom homes increased by 32.9%.
Median Sold Price Compared To Nearby Cities
| Ashton | $625K | $825K | +32.0% |
| Sandy Spring | $865K | $800K | -7.5% |
Housing Supply in Ashton, MD
How many homes are available in Ashton, MD?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 10 | -23.1% |
Summary: The Ashton real estate market had 10 homes for sale in May 2024, a 23.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Ashton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ashton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Ashton in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Ashton, MD
How long does it take to sell a home in Ashton, MD?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 5 Days | 12 Days | +137.5% |
Summary: Homes in Ashton had an average of 12 days on market in May 2024, up by 137.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ashton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Ashton; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
