$8,191 Closing Credit*
$689,750
2,700 SqFt
4 Beds
•2 Full Baths, 1 Partial
Carey L Laycock, Listing Office: RE/MAX Leading Edge
Is Deale, 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, Deale has remained a Seller's Market.
Key Takeaway
Deale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Deale, MD
How much do homes in Deale, MD cost?
Median Sold Price
$487,000
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$50,000(+11.4%)
Key Takeaway
Homes in Deale have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in Deale was $487,000 in October 2024, up 11.4% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $535K | $298K | -44.3% |
| 2 Bedrooms | $355K | $355K | 0.0% |
| 3 Bedrooms | $420K | $454.5K | +8.2% |
| 4 Bedrooms | $526.2K | $545K | +3.6% |
| 5+ Bedrooms | $804K | $650K | -19.2% |
Summary: Deale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 19.2%.
Housing Supply in Deale, MD
How many homes are available in Deale, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 25 | +38.9% |
Summary: The Deale real estate market had 25 homes for sale in October 2024, a 38.9% 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 | 1 | +100.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 4 | 9 | +125.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Deale 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 125%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Deale, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Deale in October 2024, up by 250.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Deale, MD
How long does it take to sell a home in Deale, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 119 Days | 15 Days | -86.7% |
Summary: Homes in Deale had an average of 15 days on market in Oct 2024, down by 86.7% compared to last year.
Breakdown of Home Sale Times
6 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 Deale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Deale; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
