$6,769 Closing Credit*
$570,000
1,728 SqFt
4 Beds
•3 Full Baths
Florence M Calvert, Listing Office: Coldwell Banker Realty
Is 21012, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 21012 has remained a Seller's Market.
Key Takeaway
21012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 21012, MD
How much do homes in 21012, MD cost?
Median Sold Price
$570,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,500(+3.2%)
Key Takeaway
Homes in 21012 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 21012 was $570,000 in November 2024, up 3.2% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $330K | $285K | -13.6% |
| 3 Bedrooms | $426K | $503.4K | +18.2% |
| 4 Bedrooms | $617.5K | $654K | +5.9% |
| 5+ Bedrooms | $899K | $870K | -3.2% |
Summary: 21012 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.6%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 3.2%.
Housing Supply in 21012, MD
How many homes are available in 21012, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 61 | -1.6% |
Summary: The 21012 real estate market had 61 homes for sale in November 2024, a 1.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 32 | 32 | 0.0% |
| 5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The 21012 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 21012, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 21012 in November 2024, down by 5.6% month-over-month. Of the 17 sold homes, 24% were sold under asking, 24% were sold at asking, and 53% were sold over asking.
Days on Market for 21012, MD
How long does it take to sell a home in 21012, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 9 Days | -36.6% |
Summary: Homes in 21012 had an average of 9 days on market in Nov 2024, down by 36.6% compared to last year.
Breakdown of Home Sale Times
17 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 21012 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 21012; 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.
