Is North Brentwood, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Brentwood is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, North Brentwood has remained a Seller's Market.

Key Takeaway

North Brentwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Brentwood, MD

How much do homes in North Brentwood, MD cost?

Median Sold Price

$404,950

$292/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$40,950(+11.3%)

Key Takeaway

Homes in North Brentwood have sold for 11.3% more than they did a month ago.

Summary: The median home sold price in North Brentwood was $404,950 in October 2024, up 11.3% from last month, and the median price per square foot was $292.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$404.9K
N/A
4 --
N/A
5+ $364K-
N/A

Summary: North Brentwood housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in North Brentwood, MD

How many homes are available in North Brentwood, MD?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The North Brentwood real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 12
+100.0%
5+ 10
-100.0%

Summary: The North Brentwood 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Brentwood, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in North Brentwood in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for North Brentwood, MD

How long does it take to sell a home in North Brentwood, MD?

Average Sale Time

Sep 2024Oct 2024CHANGE
7 Days40 Days+471.4%

Summary: Homes in North Brentwood had an average of 40 days on market in Oct 2024, up by 471.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Brentwood are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in North Brentwood; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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