$1,395 Closing Credit*
$117,500
3 Beds
•1 Full Bath
Timothy Lee Joseph Dominick, Listing Office: Coldwell Banker Realty
Is Better Waverly, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Better Waverly was a Seller's Market.
Key Takeaway
Better Waverly is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Better Waverly, MD
How much do homes in Better Waverly, MD cost?
Median Sold Price
$162,450
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,550(-3.3%)
Key Takeaway
Homes in Better Waverly have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in Better Waverly was $162,450 in October 2024, down 3.3% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $162.5K | $153K | -5.8% |
| 3 Bedrooms | $168K | $147K | -12.5% |
| 4 Bedrooms | $311.1K | $206.3K | -33.7% |
| 5+ Bedrooms | $213.5K | $243K | +13.8% |
Summary: Better Waverly housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.8%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 33.7%, and 5+ bedroom homes increased by 13.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Waverly | $205K | $210K | +2.4% |
| Coldstream Homestead Montebello | $122.7K | $122.5K | -0.2% |
| Better Waverly | $168K | $162.4K | -3.3% |
| Ednor Gardens / Lakeside | $247.7K | $238.4K | -3.7% |
Housing Supply in Better Waverly, MD
How many homes are available in Better Waverly, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 28 | +16.7% |
Summary: The Better Waverly real estate market had 28 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 15 | 16 | +6.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Better Waverly housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 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. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Better Waverly in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 29 Days | +120.0% |
Summary: Homes in Better Waverly had an average of 29 days on market in Oct 2024, up by 120% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Better Waverly are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Better Waverly; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
