$5,932 Closing Credit*
$499,500
2,839 SqFt
3 Beds
•2 Full Baths, 1 Partial
ERICKA NORMAN JOHNSON, Listing Office: Keller Williams Preferred Properties
Is Clarksburg, 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, Clarksburg has remained a Seller's Market.
Key Takeaway
Clarksburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clarksburg, MD
How much do homes in Clarksburg, MD cost?
Median Sold Price
$645,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,750(+3.8%)
Key Takeaway
Homes in Clarksburg have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in Clarksburg was $645,000 in November 2024, up 3.8% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $369.9K | $375.2K | +1.4% |
| 3 Bedrooms | $539.9K | $567.5K | +5.1% |
| 4 Bedrooms | $677K | $773K | +14.2% |
| 5+ Bedrooms | $869K | $925K | +6.4% |
Summary: Clarksburg 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 increased by 1.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 6.4%.
Housing Supply in Clarksburg, MD
How many homes are available in Clarksburg, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 | 61 | -19.7% |
Summary: The Clarksburg real estate market had 61 homes for sale in November 2024, a 19.7% 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 33 | 26 | -21.2% |
| 4 Bedrooms | 26 | 22 | -15.4% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The Clarksburg 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 14.3%, 3 bedroom homes decreased by 21.2%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 16 | -52.9% |
Asking Price vs. Sold Price
3 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 Clarksburg, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Clarksburg in November 2024, down by 52.9% month-over-month. Of the 16 sold homes, 19% were sold under asking, 25% were sold at asking, and 56% were sold over asking.
Days on Market for Clarksburg, MD
How long does it take to sell a home in Clarksburg, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 12 Days | -56.7% |
Summary: Homes in Clarksburg had an average of 12 days on market in Nov 2024, down by 56.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clarksburg are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 16 homes were sold in Clarksburg; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
