Is Seat Pleasant, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Seat Pleasant has remained a Seller's Market.
Housing Prices in Seat Pleasant, MD
How much do homes in Seat Pleasant, MD cost?
Median Sold Price
$330,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Seat Pleasant was $330,000 in April 2024, up 4.4% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $305K | $260K | -14.8% |
3 Bedrooms | $295.4K | $316.5K | +7.1% |
4 Bedrooms | $335K | $349K | +4.2% |
5+ Bedrooms | $377.5K | $450K | +19.2% |
Summary: Seat Pleasant housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 19.2%.
Housing Supply in Seat Pleasant, MD
How many homes are available in Seat Pleasant, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 16 | -5.9% |
Summary: The Seat Pleasant real estate market had 16 homes for sale in April 2024, a 5.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 8 | 5 | -37.5% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Seat Pleasant housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Seat Pleasant in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Seat Pleasant, MD
How long does it take to sell a home in Seat Pleasant, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 62 Days | +7.2% |
Summary: Homes in Seat Pleasant had an average of 62 days on market in Apr 2024, up by 7.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Seat Pleasant; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.