Is Perry Hall, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Perry Hall has remained a Seller's Market.
Housing Prices in Perry Hall, MD
How much do homes in Perry Hall, MD cost?
Median Sold Price
$382,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Perry Hall was $382,000 in June 2024, down 2.3% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $290K | $315K | +8.6% |
3 Bedrooms | $355K | $379K | +6.8% |
4 Bedrooms | $576.5K | $475K | -17.6% |
5+ Bedrooms | $646K | $641.5K | -0.7% |
Summary: Perry Hall housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Cities
Glen Arm | $560K | $628K | +12.1% |
Kingsville | $540K | $595K | +10.2% |
Nottingham | $289.5K | $313.3K | +8.2% |
Perry Hall | $391K | $382K | -2.3% |
White Marsh | $535K | $498.7K | -6.8% |
Housing Supply in Perry Hall, MD
How many homes are available in Perry Hall, MD?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
45 | 40 | -11.1% |
Summary: The Perry Hall real estate market had 40 homes for sale in June 2024, a 11.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 4 | -42.9% |
3 Bedrooms | 18 | 14 | -22.2% |
4 Bedrooms | 16 | 15 | -6.3% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Perry Hall housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
17 | 12 | -29.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Perry Hall in June 2024, down by 29.4% month-over-month. Of the 12 sold homes, 8% were sold under asking, 33% were sold at asking, and 58% were sold over asking.
Days on Market for Perry Hall, MD
How long does it take to sell a home in Perry Hall, MD?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
23 Days | 7 Days | -66.9% |
Summary: Homes in Perry Hall had an average of 7 days on market in Jun 2024, down by 66.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 12 homes were sold in Perry Hall; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.