Is Brock Hall, 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, Brock Hall has remained a Seller's Market.
Housing Prices in Brock Hall, MD
How much do homes in Brock Hall, MD cost?
Median Sold Price
$589,782
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $380K | $670K | +76.3% |
3 Bedrooms | $545K | $542.5K | -0.5% |
4 Bedrooms | $658K | $650K | -1.2% |
5+ Bedrooms | $744.5K | $750K | +0.7% |
Summary: Brock Hall 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 increased by 76.3%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 0.7%.
Median Sold Price Compared To Nearby Neighborhoods
Beech Tree North Village | $555K | $722.5K | +30.2% |
Perrywood | $485K | $525K | +8.2% |
Brock Hall | $590K | $589.7K | 0% |
Housing Supply in Brock Hall, MD
How many homes are available in Brock Hall, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 49 | -10.9% |
Summary: The Brock Hall real estate market had 49 homes for sale in April 2024, a 10.9% 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 | 0 | -100.0% |
3 Bedrooms | 23 | 19 | -17.4% |
4 Bedrooms | 23 | 20 | -13.0% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Brock Hall 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 decreased by 100%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 11 | -35.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Brock Hall in April 2024, down by 35.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.
Days on Market for Brock Hall, MD
How long does it take to sell a home in Brock Hall, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 25 Days | -38.2% |
Summary: Homes in Brock Hall had an average of 25 days on market in Apr 2024, down by 38.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Brock Hall; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.