$4,155 Closing Credit*
$349,900
1,416 SqFt
3 Beds
•2 Full Baths
Pamela Price, Listing Office: RE/MAX Advantage Realty
Is Pittsville, 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, Pittsville has remained a Seller's Market.
Key Takeaway
Pittsville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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 October 2023
+$12,550(+4.8%)
Key Takeaway
Homes in Pittsville have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Pittsville was $275,000 in October 2024, up 4.8% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $167.5K | $47.5K | -71.6% |
| 3 Bedrooms | $262.4K | $262.5K | 0.0% |
| 4 Bedrooms | $375K | $397.5K | +6.0% |
| 5+ Bedrooms | $345.9K | $485K | +40.2% |
Summary: Pittsville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 71.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 6%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Summary: The Pittsville real estate market had 9 homes for sale in October 2024, a 50.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Pittsville 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 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 October 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 13 Days | +30.0% |
Summary: Homes in Pittsville had an average of 13 days on market in Oct 2024, up by 30% 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 October 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.
