Is Ednor Gardens / Lakeside, 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, Ednor Gardens / Lakeside has remained a Buyer's Market.
Key Takeaway
Ednor Gardens / Lakeside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ednor Gardens / Lakeside, MD
How much do homes in Ednor Gardens / Lakeside, MD cost?
Median Sold Price
$246,250
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ednor Gardens / Lakeside have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Ednor Gardens / Lakeside was $246,250 in April 2024, up 10.7% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $188K | $179K | -4.8% |
| 3 Bedrooms | $220K | $235K | +6.8% |
| 4 Bedrooms | $275K | $284.9K | +3.6% |
| 5+ Bedrooms | $210K | $283K | +34.8% |
Summary: Ednor Gardens / Lakeside 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 decreased by 4.8%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 34.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Ednor Gardens / Lakeside | $222.5K | $246.2K | +10.7% |
| Pen Lucy | $202.5K | $196K | -3.2% |
Housing Supply in Ednor Gardens / Lakeside, MD
How many homes are available in Ednor Gardens / Lakeside, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Ednor Gardens / Lakeside real estate market had 12 homes for sale in April 2024, a 7.7% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ednor Gardens / Lakeside 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 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ednor Gardens / Lakeside, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Ednor Gardens / Lakeside in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ednor Gardens / Lakeside, MD
How long does it take to sell a home in Ednor Gardens / Lakeside, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 35 Days | -34.0% |
Summary: Homes in Ednor Gardens / Lakeside had an average of 35 days on market in Apr 2024, down by 34% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ednor Gardens / Lakeside has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Ednor Gardens / Lakeside; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
