Is Ashton, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ashton is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, Ashton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Ashton, MD

How much do homes in Ashton, MD cost?

Median Sold Price

$862,000

$246/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$162,000(+23.1%)

Key Takeaway

Homes in Ashton have sold for 23.1% more than they did a year ago.

Summary: The median home sold price in Ashton was $862,000 in August 2024, up 23.1% from last year, and the median price per square foot was $246.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 -$510K
N/A
3 $462.5K$670K
+44.9%
4 $625K$830K
+32.8%
5+ $1.1M$1.0M
-6.7%

Summary: Ashton housing prices by bedroom type for August 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 44.9%, 4 bedroom homes increased by 32.8%, and 5+ bedroom homes decreased by 6.7%.

Housing Supply in Ashton, MD

How many homes are available in Ashton, MD?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
56+20.0%

Summary: The Ashton real estate market had 6 homes for sale in August 2024, a 20.0% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 10
-100.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Ashton housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ashton, 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 Ashton in August 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Ashton, MD

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

Average Sale Time

Aug 2023Aug 2024CHANGE
5 Days7 Days+50.0%

Summary: Homes in Ashton had an average of 7 days on market in Aug 2024, up by 50% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 2 homes were sold in Ashton; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Ashton, MD

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