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 May 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

$825,000

$264/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$200,000(+32.0%)

Key Takeaway

Homes in Ashton have sold for 32% more than they did a year ago.

Summary: The median home sold price in Ashton was $825,000 in May 2024, up 32% from last year, and the median price per square foot was $264.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 -$510K
N/A
3 $455K$570K
+25.3%
4 $592K$825K
+39.4%
5+ $827.5K$1.1M
+32.9%

Summary: Ashton housing prices by bedroom type for May 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 25.3%, 4 bedroom homes increased by 39.4%, and 5+ bedroom homes increased by 32.9%.

Median Sold Price Compared To Nearby Cities

Ashton
+32.0%
Sandy Spring
-7.5%

Housing Supply in Ashton, MD

How many homes are available in Ashton, MD?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1310-23.1%

Summary: The Ashton real estate market had 10 homes for sale in May 2024, a 23.1% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 10
-100.0%
4 55
0.0%
5+ 65
-16.7%

Summary: The Ashton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ashton, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Ashton in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% 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

May 2023May 2024CHANGE
5 Days12 Days+137.5%

Summary: Homes in Ashton had an average of 12 days on market in May 2024, up by 137.5% compared to last year.

Breakdown of Home Sale Times

3 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 May 2024, 3 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 12 Days Ago

Newest Listings in Ashton, MD

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