$1,900 Closing Credit*
$160,000
2,144 SqFt
4 Beds
•1 Full Bath, 1 Partial
Jalisa Breckenridge, Listing Office: Realty One Group Universal
Is Coldstream Homestead Montebello, 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, Coldstream Homestead Montebello was a Neutral Market.
Key Takeaway
Coldstream Homestead Montebello is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Coldstream Homestead Montebello, MD
How much do homes in Coldstream Homestead Montebello, MD cost?
Median Sold Price
$122,500
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$250(-0.2%)
Key Takeaway
The sold price of homes in Coldstream Homestead Montebello has remained the same since last year.
Summary: The median home sold price in Coldstream Homestead Montebello was $122,500 in October 2024, down 0.2% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $76.6K | $71.2K | -7.0% |
| 3 Bedrooms | $117.5K | $110K | -6.4% |
| 4 Bedrooms | $206K | $213.2K | +3.5% |
| 5+ Bedrooms | $120K | $287.9K | +140.0% |
Summary: Coldstream Homestead Montebello 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 7%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 140%.
Median Sold Price Compared To Nearby Neighborhoods
| Coldstream Homestead Montebello | $122.7K | $122.5K | -0.2% |
| Better Waverly | $168K | $162.4K | -3.3% |
Housing Supply in Coldstream Homestead Montebello, MD
How many homes are available in Coldstream Homestead Montebello, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 52 | 59 | +13.5% |
Summary: The Coldstream Homestead Montebello real estate market had 59 homes for sale in October 2024, a 13.5% 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 31 | 36 | +16.1% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Coldstream Homestead Montebello 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 20%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Coldstream Homestead Montebello, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Coldstream Homestead Montebello in October 2024, down by 30.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Coldstream Homestead Montebello, MD
How long does it take to sell a home in Coldstream Homestead Montebello, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 37 Days | -36.9% |
Summary: Homes in Coldstream Homestead Montebello had an average of 37 days on market in Oct 2024, down by 36.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Coldstream Homestead Montebello are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Coldstream Homestead Montebello; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
