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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Poolesville is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Poolesville was a Seller's Market.

Key Takeaway

Poolesville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Poolesville, MD

How much do homes in Poolesville, MD cost?

Median Sold Price

$1,050,000

$176/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$530,000(+101.9%)

Key Takeaway

Homes in Poolesville have sold for 101.9% more than they did a month ago.

Summary: The median home sold price in Poolesville was $1,050,000 in March 2024, up 101.9% from last month, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $520K-
N/A
4 --
N/A
5+ -$1.0M
N/A

Summary: Poolesville 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 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

Feb 2024Mar 2024CHANGE
2026+30.0%

Summary: The Poolesville real estate market had 26 homes for sale in March 2024, a 30.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 62
-66.7%
4 712
+71.4%
5+ 610
+66.7%

Summary: The Poolesville 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 66.7%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Poolesville in March 2024, down by 83.3% 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 Poolesville, MD

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

Average Sale Time

Feb 2024Mar 2024CHANGE
22 Days3 Days-86.4%

Summary: Homes in Poolesville had an average of 3 days on market in Mar 2024, down by 86.4% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Poolesville; 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.

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

Report Updated 17 Days Ago

Newest Listings in Poolesville, MD

Nearby Markets to Poolesville, MD