$10,000 Closing Credit*
$1,100,000
3,567 SqFt
5 Beds
•3 Full Baths, 1 Partial
Ivy K Gifford, Listing Office: RE/MAX Solutions
Is Brookeville, 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, Brookeville has remained a Seller's Market.
Key Takeaway
Brookeville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookeville, MD
How much do homes in Brookeville, MD cost?
Median Sold Price
$770,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$55,000(+7.7%)
Key Takeaway
Homes in Brookeville have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Brookeville was $770,000 in November 2024, up 7.7% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $552.4K | $587.5K | +6.3% |
| 4 Bedrooms | $721K | $742K | +2.9% |
| 5+ Bedrooms | $1.0M | $1.0M | 0.5% |
Summary: Brookeville 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 did not change, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in Brookeville, MD
How many homes are available in Brookeville, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Summary: The Brookeville real estate market had 13 homes for sale in November 2024, a 31.6% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Brookeville 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
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 Brookeville, 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 Brookeville in November 2024, down by 57.1% 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 Brookeville, MD
How long does it take to sell a home in Brookeville, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 22 Days | +26.4% |
Summary: Homes in Brookeville had an average of 22 days on market in Nov 2024, up by 26.4% 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 Brookeville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Brookeville; 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.
