Is Pittsville, 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, Pittsville has remained a Seller's Market.
Housing Prices in Pittsville, MD
How much do homes in Pittsville, MD cost?
Median Sold Price
$155,000
$87/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Pittsville was $155,000 in March 2024, down 27.2% from last month, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $201K | $155K | -22.9% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $650K | - | N/A |
Summary: Pittsville 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 decreased by 22.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Pittsville, MD
How many homes are available in Pittsville, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 11 | -26.7% |
Summary: The Pittsville real estate market had 11 homes for sale in March 2024, a 26.7% decrease 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 | 1 | 2 | +100.0% |
3 Bedrooms | 12 | 8 | -33.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Pittsville 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 increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Pittsville in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Pittsville, MD
How long does it take to sell a home in Pittsville, MD?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
75 Days | 7 Days | -90.1% |
Summary: Homes in Pittsville had an average of 7 days on market in Mar 2024, down by 90.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Pittsville; 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.