$7,826 Closing Credit*
$659,000
2,376 SqFt
6 Beds
•3 Full Baths, 1 Partial
Cody Zhou, Listing Office: Premiere Realty
Is Friendly, 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, Friendly has remained a Seller's Market.
Key Takeaway
Friendly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Friendly, MD
How much do homes in Friendly, MD cost?
Median Sold Price
$455,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,500(+5.2%)
Key Takeaway
Homes in Friendly have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Friendly was $455,000 in November 2024, up 5.2% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $250K | - | N/A |
| 3 Bedrooms | $390K | $402K | +3.1% |
| 4 Bedrooms | $437.5K | $454.9K | +4.0% |
| 5+ Bedrooms | $464K | $498.5K | +7.4% |
Summary: Friendly 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 3.1%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 7.4%.
Housing Supply in Friendly, MD
How many homes are available in Friendly, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 29 | -3.3% |
Summary: The Friendly real estate market had 29 homes for sale in November 2024, a 3.3% 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 | 10 | 9 | -10.0% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Friendly 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 10%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Friendly, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Friendly in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Friendly, MD
How long does it take to sell a home in Friendly, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 29 Days | +56.8% |
Summary: Homes in Friendly had an average of 29 days on market in Nov 2024, up by 56.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Friendly are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Friendly; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
