Is Maple Ridge, 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, Maple Ridge has remained a Seller's Market.
Key Takeaway
Maple Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maple Ridge, MD
How much do homes in Maple Ridge, MD cost?
Median Sold Price
$340,000
$261/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Maple Ridge have sold for 27.5% less than they did a month ago.
Summary: The median home sold price in Maple Ridge was $340,000 in April 2024, down 27.5% from last month, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $469K | - | N/A |
| 4 Bedrooms | - | $340K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Maple Ridge 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Odenton Heights | $485K | $452K | -6.8% |
| Maple Ridge | $469K | $340K | -27.5% |
Housing Supply in Maple Ridge, MD
How many homes are available in Maple Ridge, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Maple Ridge real estate market had 4 homes for sale in April 2024, a 20.0% 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 | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Maple Ridge 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Maple Ridge, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Maple Ridge in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Maple Ridge, MD
How long does it take to sell a home in Maple Ridge, MD?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 5 Days | -73.0% |
Summary: Homes in Maple Ridge had an average of 5 days on market in Apr 2024, down by 73% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Maple Ridge are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Maple Ridge; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
