Is Poolesville, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poolesville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Poolesville was a Buyer's Market.

Key Takeaway

Poolesville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Poolesville, MD

How much do homes in Poolesville, MD cost?

Median Sold Price

$440,000

$307/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$125,000(-22.1%)

Key Takeaway

Homes in Poolesville have sold for 22.1% less than they did a month ago.

Summary: The median home sold price in Poolesville was $440,000 in February 2024, down 22.1% from last month, and the median price per square foot was $307.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $565K$440K
-22.1%
4 --
N/A
5+ --
N/A

Summary: Poolesville housing prices by bedroom type for February 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 22.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Poolesville, MD

How many homes are available in Poolesville, MD?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1619+18.8%

Summary: The Poolesville real estate market had 19 homes for sale in February 2024, a 18.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 55
0.0%
4 57
+40.0%
5+ 56
+20.0%

Summary: The Poolesville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Poolesville, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Poolesville in February 2024, up by 400.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for Poolesville, MD

How long does it take to sell a home in Poolesville, MD?

Average Sale Time

Jan 2024Feb 2024CHANGE
3 Days26 Days+780.0%

Summary: Homes in Poolesville had an average of 26 days on market in Feb 2024, up by 780% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Poolesville are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 5 homes were sold in Poolesville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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