Is Coldstream Homestead Montebello, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Coldstream Homestead Montebello was a Seller's Market.
Key Takeaway
Coldstream Homestead Montebello is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Coldstream Homestead Montebello, MD
How much do homes in Coldstream Homestead Montebello, MD cost?
Median Sold Price
$133,500
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Coldstream Homestead Montebello have sold for 11.3% more than they did a year ago.
Summary: The median home sold price in Coldstream Homestead Montebello was $133,500 in April 2024, up 11.3% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $76.6K | $85K | +11.0% |
| 3 Bedrooms | $110.5K | $125K | +13.1% |
| 4 Bedrooms | $198K | $214K | +8.1% |
| 5+ Bedrooms | $143.4K | $326K | +127.3% |
Summary: Coldstream Homestead Montebello 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 11%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 127.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Coldstream Homestead Montebello | $120K | $133.5K | +11.3% |
| Better Waverly | $167K | $168K | +0.6% |
Housing Supply in Coldstream Homestead Montebello, MD
How many homes are available in Coldstream Homestead Montebello, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 42 | +10.5% |
Summary: The Coldstream Homestead Montebello real estate market had 42 homes for sale in April 2024, a 10.5% 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 | 4 | 4 | 0.0% |
| 3 Bedrooms | 27 | 24 | -11.1% |
| 4 Bedrooms | 7 | 12 | +71.4% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Coldstream Homestead Montebello 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 decreased by 11.1%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coldstream Homestead Montebello, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Coldstream Homestead Montebello in April 2024, down by 66.7% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Coldstream Homestead Montebello, MD
How long does it take to sell a home in Coldstream Homestead Montebello, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 48 Days | +88.8% |
Summary: Homes in Coldstream Homestead Montebello had an average of 48 days on market in Apr 2024, up by 88.8% compared to last year.
Breakdown of Home Sale Times
2 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 Coldstream Homestead Montebello are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Coldstream Homestead Montebello; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
