Is Ashton-Sandy Spring, 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, Ashton-Sandy Spring has remained a Seller's Market.
Housing Prices in Ashton-Sandy Spring, MD
How much do homes in Ashton-Sandy Spring, MD cost?
Median Sold Price
$780,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ashton-Sandy Spring was $780,000 in April 2024, up 30.9% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $492.5K | N/A |
3 Bedrooms | $470K | $585K | +24.5% |
4 Bedrooms | $606K | $770K | +27.1% |
5+ Bedrooms | $1.1M | $1.0M | -9.1% |
Summary: Ashton-Sandy Spring 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 did not change, 3 bedroom homes increased by 24.5%, 4 bedroom homes increased by 27.1%, and 5+ bedroom homes decreased by 9.1%.
Housing Supply in Ashton-Sandy Spring, MD
How many homes are available in Ashton-Sandy Spring, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 24 | +14.3% |
Summary: The Ashton-Sandy Spring real estate market had 24 homes for sale in April 2024, a 14.3% increase 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 | 1 | 0.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Ashton-Sandy Spring 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Ashton-Sandy Spring in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Ashton-Sandy Spring, MD
How long does it take to sell a home in Ashton-Sandy Spring, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 8 Days | +46.3% |
Summary: Homes in Ashton-Sandy Spring had an average of 8 days on market in Apr 2024, up by 46.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Ashton-Sandy Spring; 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.