$4,156 Closing Credit*
$350,000
1,394 SqFt
3 Beds
•2 Full Baths, 1 Partial
Danielle Van Arsdale, Listing Office: Keller Williams Realty
Is Pittsville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Pittsville was a Seller's Market.
Key Takeaway
Pittsville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Pittsville, MD
How much do homes in Pittsville, MD cost?
Median Sold Price
$275,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$36,000(-11.6%)
Key Takeaway
Homes in Pittsville have sold for 11.6% less than they did a year ago.
Summary: The median home sold price in Pittsville was $275,000 in November 2024, down 11.6% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $167.5K | $60K | -64.2% |
| 3 Bedrooms | $290.5K | $243K | -16.3% |
| 4 Bedrooms | $395K | $380K | -3.8% |
| 5+ Bedrooms | $345.9K | $485K | +40.2% |
Summary: Pittsville 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 decreased by 64.2%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 40.2%.
Housing Supply in Pittsville, MD
How many homes are available in Pittsville, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 12 | +33.3% |
Summary: The Pittsville real estate market had 12 homes for sale in November 2024, a 33.3% increase 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 8 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Pittsville 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pittsville, 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 Pittsville in November 2024, the same as the previous 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 Pittsville, MD
How long does it take to sell a home in Pittsville, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 6 Days | -64.7% |
Summary: Homes in Pittsville had an average of 6 days on market in Nov 2024, down by 64.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pittsville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Pittsville; 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.
