Is East Riverdale, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, East Riverdale has remained a Seller's Market.
Housing Prices in East Riverdale, MD
How much do homes in East Riverdale, MD cost?
Median Sold Price
$364,900
$266/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in East Riverdale was $364,900 in April 2024, down 11.2% from last month, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $210K | N/A |
3 Bedrooms | $378K | $364.9K | -3.5% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $458K | $399.9K | -12.7% |
Summary: East Riverdale 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 decreased by 3.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 12.7%.
Housing Supply in East Riverdale, MD
How many homes are available in East Riverdale, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 22 | +22.2% |
Summary: The East Riverdale real estate market had 22 homes for sale in April 2024, a 22.2% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 6 | 9 | +50.0% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The East Riverdale 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 increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in East Riverdale in April 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for East Riverdale, MD
How long does it take to sell a home in East Riverdale, MD?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 18 Days | -69.7% |
Summary: Homes in East Riverdale had an average of 18 days on market in Apr 2024, down by 69.7% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in East Riverdale; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.