Is Glassmanor, 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, Glassmanor has remained a Seller's Market.
Key Takeaway
Glassmanor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glassmanor, MD
How much do homes in Glassmanor, MD cost?
Median Sold Price
$340,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Glassmanor have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Glassmanor was $340,000 in April 2024, up 0.7% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $295K | +37.2% |
| 3 Bedrooms | $325K | $333.2K | +2.5% |
| 4 Bedrooms | $385K | $375K | -2.6% |
| 5+ Bedrooms | $404.5K | $405K | 0.1% |
Summary: Glassmanor 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 37.2%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 0.1%.
Housing Supply in Glassmanor, MD
How many homes are available in Glassmanor, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 25 | -13.8% |
Summary: The Glassmanor real estate market had 25 homes for sale in April 2024, a 13.8% 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 | 4 | 1 | -75.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Glassmanor 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 decreased by 75%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Glassmanor, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Glassmanor in April 2024, down by 54.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.
Days on Market for Glassmanor, MD
How long does it take to sell a home in Glassmanor, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 70 Days | 27 Days | -61.5% |
Summary: Homes in Glassmanor had an average of 27 days on market in Apr 2024, down by 61.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glassmanor are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Glassmanor; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
