Is Perrywood, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Perrywood is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Perrywood was a Buyer's Market.

Key Takeaway

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

Housing Prices in Perrywood, MD

How much do homes in Perrywood, MD cost?

Median Sold Price

$440,000

$207/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$220,000(-33.3%)

Key Takeaway

Homes in Perrywood have sold for 33.3% less than they did a month ago.

Summary: The median home sold price in Perrywood was $440,000 in December 2024, down 33.3% from last month, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$405K
N/A
4 -$515K
N/A
5+ $660K-
N/A

Summary: Perrywood housing prices by bedroom type for December 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 Perrywood, MD

How many homes are available in Perrywood, MD?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
87-12.5%

Summary: The Perrywood real estate market had 7 homes for sale in December 2024, a 12.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 55
0.0%
5+ 10
-100.0%

Summary: The Perrywood housing inventory by bedroom type for December 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 remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Perrywood, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Perrywood in December 2024, up by 400.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% were sold over asking.

Days on Market for Perrywood, MD

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

Average Sale Time

Nov 2024Dec 2024CHANGE
14 Days13 Days-2.9%

Summary: Homes in Perrywood had an average of 13 days on market in Dec 2024, down by 2.9% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 5 homes were sold in Perrywood; 100% of homes were sold within 30 days, 0% 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 5 Days Ago

Newest Listings in Perrywood, MD

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