Is Sharp / Leadenhall, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sharp / Leadenhall is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sharp / Leadenhall has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sharp / Leadenhall, MD

How much do homes in Sharp / Leadenhall, MD cost?

Median Sold Price

$375,000

$193/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$114,000(-23.3%)

Key Takeaway

Homes in Sharp / Leadenhall have sold for 23.3% less than they did a month ago.

Summary: The median home sold price in Sharp / Leadenhall was $375,000 in April 2024, down 23.3% from last month, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $489K$375K
-23.3%
4 --
N/A
5+ --
N/A

Summary: Sharp / Leadenhall 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 decreased by 23.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Sharp / Leadenhall, MD

How many homes are available in Sharp / Leadenhall, MD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
24+100.0%

Summary: The Sharp / Leadenhall real estate market had 4 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Sharp / Leadenhall 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 increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sharp / Leadenhall, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Sharp / Leadenhall in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Sharp / Leadenhall, MD

How long does it take to sell a home in Sharp / Leadenhall, MD?

Average Sale Time

Mar 2024Apr 2024CHANGE
63 Days8 Days-87.3%

Summary: Homes in Sharp / Leadenhall had an average of 8 days on market in Apr 2024, down by 87.3% 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 Sharp / Leadenhall are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Sharp / Leadenhall; 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 4 Days Ago

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