Is Roland Terrace, 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, Roland Terrace has remained a Seller's Market.
Housing Prices in Roland Terrace, MD
How much do homes in Roland Terrace, MD cost?
Median Sold Price
$350,000
$250/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Roland Terrace was $350,000 in April 2024, up 1.4% from last month, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $335K | - | N/A |
4 Bedrooms | $354.5K | $350K | -1.3% |
5+ Bedrooms | $360K | - | N/A |
Summary: Roland Terrace 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 decreased by 1.3%, and 5+ bedroom homes did not change.
Housing Supply in Roland Terrace, MD
How many homes are available in Roland Terrace, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 9 | -25.0% |
Summary: The Roland Terrace real estate market had 9 homes for sale in April 2024, a 25.0% 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 | 4 | 4 | 0.0% |
4 Bedrooms | 5 | 3 | -40.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Roland Terrace 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 remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Roland Terrace in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Roland Terrace, MD
How long does it take to sell a home in Roland Terrace, MD?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 8 Days | -71.4% |
Summary: Homes in Roland Terrace had an average of 8 days on market in Apr 2024, down by 71.4% 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 April 2024, 2 homes were sold in Roland Terrace; 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.