$5,639 Closing Credit*
$474,900
2,176 SqFt
3 Beds
•2 Full Baths, 1 Partial
Sharon L Capitani, Listing Office: CENTURY 21 New Millennium
Is Brandywine, 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, Brandywine has remained a Seller's Market.
Key Takeaway
Brandywine is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brandywine, MD
How much do homes in Brandywine, MD cost?
Median Sold Price
$475,490
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$66,793(-12.3%)
Key Takeaway
Homes in Brandywine have sold for 12.3% less than they did a year ago.
Summary: The median home sold price in Brandywine was $475,490 in December 2024, down 12.3% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $302K | $290K | -4.0% |
| 3 Bedrooms | $442.4K | $460K | +4.0% |
| 4 Bedrooms | $599K | $585K | -2.3% |
| 5+ Bedrooms | $848.8K | $801K | -5.6% |
Summary: Brandywine 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 4%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 5.6%.
Housing Supply in Brandywine, MD
How many homes are available in Brandywine, MD?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 90 | 74 | -17.8% |
Summary: The Brandywine real estate market had 74 homes for sale in December 2024, a 17.8% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 50 | 37 | -26.0% |
| 4 Bedrooms | 25 | 21 | -16.0% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Brandywine 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 remained the same, 3 bedroom homes decreased by 26%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brandywine, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Brandywine in December 2024, up by 5.3% month-over-month. Of the 20 sold homes, 40% were sold under asking, 25% were sold at asking, and 35% were sold over asking.
Days on Market for Brandywine, MD
How long does it take to sell a home in Brandywine, MD?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 29 Days | 47 Days | +62.6% |
Summary: Homes in Brandywine had an average of 47 days on market in Dec 2024, up by 62.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brandywine are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 20 homes were sold in Brandywine; 45% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
