$10,000 Closing Credit*
$1,937,782
7,527 SqFt
6 Beds
•6 Full Baths, 1 Partial
Kathleen Cassidy, Listing Office: DRH Realty Capital, LLC.
Is Davidsonville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Davidsonville has remained a Seller's Market.
Key Takeaway
Davidsonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Davidsonville, MD
How much do homes in Davidsonville, MD cost?
Median Sold Price
$975,000
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$75,000(+8.3%)
Key Takeaway
Homes in Davidsonville have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Davidsonville was $975,000 in October 2024, up 8.3% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $449.9K | N/A |
| 3 Bedrooms | $582K | $625K | +7.4% |
| 4 Bedrooms | $900K | $928K | +3.1% |
| 5+ Bedrooms | $1.0M | $1.2M | +17.7% |
Summary: Davidsonville 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 did not change, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 17.7%.
Median Sold Price Compared To Nearby Cities
| Davidsonville | $900K | $975K | +8.3% |
| Bowie | $489.3K | $499.8K | +2.2% |
Housing Supply in Davidsonville, MD
How many homes are available in Davidsonville, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 26 | +23.8% |
Summary: The Davidsonville real estate market had 26 homes for sale in October 2024, a 23.8% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Davidsonville 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 remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Davidsonville, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Davidsonville in October 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% were sold over asking.
Days on Market for Davidsonville, MD
How long does it take to sell a home in Davidsonville, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 39 Days | 25 Days | -36.1% |
Summary: Homes in Davidsonville had an average of 25 days on market in Oct 2024, down by 36.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Davidsonville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Davidsonville; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
