$3,859 Closing Credit*
$325,000
1,168 SqFt
2 Beds
•1 Full Bath
Patrick Deighan, Listing Office: CENTURY 21 New Millennium
Is Piney Point, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Piney Point has remained a Seller's Market.
Key Takeaway
Piney Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Piney Point, MD
How much do homes in Piney Point, MD cost?
Median Sold Price
$570,000
$233/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$242,450(-29.8%)
Key Takeaway
Homes in Piney Point have sold for 29.8% less than they did a month ago.
Summary: The median home sold price in Piney Point was $570,000 in October 2024, down 29.8% from last month, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $570K | N/A |
| 4 Bedrooms | $812.4K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Piney Point 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 Piney Point, MD
How many homes are available in Piney Point, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Piney Point real estate market had 10 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Piney Point 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 increased by 25%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Piney Point, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Piney Point in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Piney Point, MD
How long does it take to sell a home in Piney Point, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 62 Days | +302.2% |
Summary: Homes in Piney Point had an average of 62 days on market in Oct 2024, up by 302.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Piney Point are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Piney Point; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
