Is Jarrettsville, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Jarrettsville was a Seller's Market.
Key Takeaway
Jarrettsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Jarrettsville, MD
How much do homes in Jarrettsville, MD cost?
Median Sold Price
$809,900
$265/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Jarrettsville have sold for 62% more than they did a month ago.
Summary: The median home sold price in Jarrettsville was $809,900 in March 2024, up 62% from last month, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $305K | - | N/A |
| 3 Bedrooms | $497.5K | - | N/A |
| 4 Bedrooms | $512.5K | $809.9K | +58.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jarrettsville housing prices by bedroom type for March 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 did not change, 4 bedroom homes increased by 58%, and 5+ bedroom homes did not change.
Housing Supply in Jarrettsville, MD
How many homes are available in Jarrettsville, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 33 | +22.2% |
Summary: The Jarrettsville real estate market had 33 homes for sale in March 2024, a 22.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 7 | 11 | +57.1% |
| 4 Bedrooms | 18 | 20 | +11.1% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Jarrettsville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jarrettsville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Jarrettsville in March 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Jarrettsville, MD
How long does it take to sell a home in Jarrettsville, MD?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 Days | 180 Days | +1185.7% |
Summary: Homes in Jarrettsville had an average of 180 days on market in Mar 2024, up by 1185.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Jarrettsville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 1 homes were sold in Jarrettsville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
