$8,906 Closing Credit*
$750,000
2,430 SqFt
5 Beds
•3 Full Baths
Bassam Z Hamandi, Listing Office: Samson Properties
Housing Prices in Sandy Spring, MD
How much do homes in Sandy Spring, MD cost?
Median List Price
$824,500
$245/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
-$145,400(-15.0%)
Key Takeaway
The list price of homes in Sandy Spring has decreased by 15% since last year.
Summary: The median home list price in Sandy Spring was $824,500 in October 2024, down 15% from the previous year, and the median price per square foot was $245.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $475K | N/A |
| 3 Bedrooms | $400K | $612.4K | +53.1% |
| 4 Bedrooms | $969.9K | $824.5K | -15.0% |
| 5+ Bedrooms | $1.0M | $1.2M | +23.5% |
Summary: Sandy Spring 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 did not change, 3 bedroom homes increased by 53.1%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 23.5%.
Median List Price Compared To Nearby Cities
| Ashton | $687.4K | $815K | +18.6% |
| Sandy Spring | $969.9K | $824.5K | -15.0% |
Housing Supply in Sandy Spring, MD
How many homes are available in Sandy Spring, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Summary: The Sandy Spring real estate market had 4 homes for sale in October 2024, a 33.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Sandy Spring 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 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Days on Market for Sandy Spring, MD
How long does it take to sell a home in Sandy Spring, MD?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 115 Days | +140.1% |
Summary: Homes in Sandy Spring had an average listing age of 115 days in Oct 2024, up by 140.1% compared to the previous year.
