$60,000
Land
Robert J Lucido, Listing Office: Keller Williams Lucido Agency
Is Better Waverly, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Better Waverly has remained a Seller's Market.
Key Takeaway
Better Waverly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Better Waverly, MD
How much do homes in Better Waverly, MD cost?
Median Sold Price
$157,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$11,500(-6.8%)
Key Takeaway
Homes in Better Waverly have sold for 6.8% less than they did a year ago.
Summary: The median home sold price in Better Waverly was $157,000 in December 2024, down 6.8% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $100K | -37.5% |
| 3 Bedrooms | $168.5K | $161K | -4.5% |
| 4 Bedrooms | $291.8K | $203.2K | -30.4% |
| 5+ Bedrooms | $243K | $400K | +64.6% |
Summary: Better Waverly housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 37.5%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 30.4%, and 5+ bedroom homes increased by 64.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Ednor Gardens / Lakeside | $236K | $256.2K | +8.6% |
| Waverly | $205K | $217.5K | +6.1% |
| Coldstream Homestead Montebello | $120K | $122.5K | +2.1% |
| Better Waverly | $168.5K | $157K | -6.8% |
Housing Supply in Better Waverly, MD
How many homes are available in Better Waverly, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Summary: The Better Waverly real estate market had 20 homes for sale in December 2024, a 11.1% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Better Waverly housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Better Waverly, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Better Waverly in December 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Better Waverly, MD
How long does it take to sell a home in Better Waverly, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 37 Days | 35 Days | -5.4% |
Summary: Homes in Better Waverly had an average of 35 days on market in Dec 2024, down by 5.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Better Waverly has remained consistent over time.
Summary: During December 2024, 5 homes were sold in Better Waverly; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
