Is Brunswick, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Brunswick has remained a Seller's Market.
Housing Prices in Brunswick, MD
How much do homes in Brunswick, MD cost?
Median Sold Price
$365,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Brunswick was $365,000 in June 2024, down 9.2% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $263K | $216.6K | -17.6% |
3 Bedrooms | $338K | $325K | -3.8% |
4 Bedrooms | $476.4K | $450K | -5.6% |
5+ Bedrooms | $740.7K | $647.5K | -12.6% |
Summary: Brunswick housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.6%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes decreased by 12.6%.
Housing Supply in Brunswick, MD
How many homes are available in Brunswick, MD?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
56 | 47 | -16.1% |
Summary: The Brunswick real estate market had 47 homes for sale in June 2024, a 16.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 25 | 18 | -28.0% |
4 Bedrooms | 22 | 20 | -9.1% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Brunswick housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
20 | 13 | -35.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Brunswick in June 2024, down by 35.0% month-over-month. Of the 13 sold homes, 38% were sold under asking, 38% were sold at asking, and 23% were sold over asking.
Days on Market for Brunswick, MD
How long does it take to sell a home in Brunswick, MD?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
17 Days | 16 Days | -5.8% |
Summary: Homes in Brunswick had an average of 16 days on market in Jun 2024, down by 5.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 13 homes were sold in Brunswick; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.