Is Belair / Parkside, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belair / Parkside is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Belair / Parkside has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Belair / Parkside, MD

How much do homes in Belair / Parkside, MD cost?

Median Sold Price

$170,000

$122/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$7,750(+4.8%)

Key Takeaway

Homes in Belair / Parkside have sold for 4.8% more than they did a month ago.

Summary: The median home sold price in Belair / Parkside was $170,000 in April 2024, up 4.8% from last month, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$170K
N/A
4 $162.2K-
N/A
5+ --
N/A

Summary: Belair / Parkside housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Belair / Parkside, MD

How many homes are available in Belair / Parkside, MD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
43-25.0%

Summary: The Belair / Parkside real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The Belair / Parkside 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 increased by 100%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belair / Parkside, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Belair / Parkside in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Belair / Parkside, MD

How long does it take to sell a home in Belair / Parkside, MD?

Average Sale Time

Mar 2024Apr 2024CHANGE
4 Days47 Days+1075.0%

Summary: Homes in Belair / Parkside had an average of 47 days on market in Apr 2024, up by 1075% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Belair / Parkside has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Belair / Parkside; 0% of homes were sold within 30 days, 100% 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 2 Days Ago

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