$10,000 Closing Credit*
$1,750,000
5,948 SqFt
5 Beds
•4 Full Baths, 1 Partial
Brian C Coester, Listing Office: Coester Real Estate Services, LLC
Is Travilah, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Travilah has remained a Seller's Market.
Key Takeaway
Travilah is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Travilah, MD
How much do homes in Travilah, MD cost?
Median Sold Price
$1,625,000
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$90,000(+5.9%)
Key Takeaway
Homes in Travilah have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Travilah was $1,625,000 in November 2024, up 5.9% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $855K | $873.5K | +2.2% |
| 4 Bedrooms | $1.3M | $1.4M | +8.1% |
| 5+ Bedrooms | $1.7M | $1.7M | +2.0% |
Summary: Travilah 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 did not change, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 2%.
Housing Supply in Travilah, MD
How many homes are available in Travilah, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 39 | -7.1% |
Summary: The Travilah real estate market had 39 homes for sale in November 2024, a 7.1% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 33 | 28 | -15.2% |
Summary: The Travilah 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 33.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 15.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Travilah, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Travilah in November 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for Travilah, MD
How long does it take to sell a home in Travilah, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 18 Days | -13.0% |
Summary: Homes in Travilah had an average of 18 days on market in Nov 2024, down by 13% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Travilah are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Travilah; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
