Is Robie Manor, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Robie Manor is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Robie Manor has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Robie Manor, MD

How much do homes in Robie Manor, MD cost?

Median Sold Price

$433,140

$193/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$20,100(-4.4%)

Key Takeaway

Homes in Robie Manor have sold for 4.4% less than they did a month ago.

Summary: The median home sold price in Robie Manor was $433,140 in November 2024, down 4.4% from last month, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $431.4K$433.1K
0.4%
4 $503.6K-
N/A
5+ --
N/A

Summary: Robie Manor housing prices by bedroom type for November 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 increased by 0.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Robie Manor, MD

How many homes are available in Robie Manor, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
127-41.7%

Summary: The Robie Manor real estate market had 7 homes for sale in November 2024, a 41.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 107
-30.0%
4 20
-100.0%
5+ 00
0.0%

Summary: The Robie Manor 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 decreased by 30%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Robie Manor, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Robie Manor in November 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for Robie Manor, MD

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

Average Sale Time

Oct 2024Nov 2024CHANGE
48 Days32 Days-34.0%

Summary: Homes in Robie Manor had an average of 32 days on market in Nov 2024, down by 34% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Robie Manor; 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 21 Days Ago

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