$7,066 Closing Credit*
$595,000
1,760 SqFt
3 Beds
•2 Full Baths, 2 Partial
Karen D Rollings, Listing Office: EXP Realty, LLC
Is Brookeville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Brookeville has remained a Seller's Market.
Key Takeaway
Brookeville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brookeville, MD
How much do homes in Brookeville, MD cost?
Median Sold Price
$749,500
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$27,000(+3.7%)
Key Takeaway
Homes in Brookeville have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Brookeville was $749,500 in August 2024, up 3.7% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $591.5K | $535K | -9.6% |
| 4 Bedrooms | $732K | $721K | -1.5% |
| 5+ Bedrooms | $970K | $1.0M | +6.7% |
Summary: Brookeville housing prices by bedroom type for August 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 decreased by 9.6%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 6.7%.
Housing Supply in Brookeville, MD
How many homes are available in Brookeville, MD?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Summary: The Brookeville real estate market had 26 homes for sale in August 2024, a 8.3% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 0 | 2 | +100.0% |
| 4 Bedrooms | 11 | 14 | +27.3% |
| 5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The Brookeville housing inventory by bedroom type for August 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 increased by 27.3%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brookeville, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Brookeville in August 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Brookeville, MD
How long does it take to sell a home in Brookeville, MD?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 6 Days | 28 Days | +314.7% |
Summary: Homes in Brookeville had an average of 28 days on market in Aug 2024, up by 314.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Brookeville are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 5 homes were sold in Brookeville; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
