$3,086 Closing Credit*
$259,900
1,220 SqFt
2 Beds
•2 Full Baths
Isabel Carrero, Listing Office: Samson Properties
Is Leisure World, 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, Leisure World has remained a Seller's Market.
Key Takeaway
Leisure World is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Leisure World, MD
How much do homes in Leisure World, MD cost?
Median Sold Price
$245,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,666(+0.7%)
Key Takeaway
Homes in Leisure World have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Leisure World was $245,000 in October 2024, up 0.7% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140.2K | $139.5K | -0.5% |
| 2 Bedrooms | $235K | $240K | +2.1% |
| 3 Bedrooms | $392K | $375K | -4.3% |
| 4 Bedrooms | $445K | $475K | +6.7% |
| 5+ Bedrooms | $420K | - | N/A |
Summary: Leisure World housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Aspen Hill | $526K | $550K | +4.6% |
| Olney | $650K | $655K | +0.8% |
| Leisure World | $243.3K | $245K | +0.7% |
Housing Supply in Leisure World, MD
How many homes are available in Leisure World, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 90 | +26.8% |
Summary: The Leisure World real estate market had 90 homes for sale in October 2024, a 26.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 15 | +7.1% |
| 2 Bedrooms | 45 | 56 | +24.4% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 1 | 4 | +300.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Leisure World housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 24.4%, 3 bedroom homes increased by 36.4%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leisure World, expect to pay close to the asking price. 44% of homes here sold near the asking price last month.
Summary: A total of 25 homes were sold or pending in Leisure World in October 2024, up by 8.7% month-over-month. Of the 25 sold homes, 28% were sold under asking, 44% were sold at asking, and 28% were sold over asking.
Days on Market for Leisure World, MD
How long does it take to sell a home in Leisure World, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 32 Days | +0.8% |
Summary: Homes in Leisure World had an average of 32 days on market in Oct 2024, up by 0.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Leisure World are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 25 homes were sold in Leisure World; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
