Is Sparks Glencoe, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, Sparks Glencoe has remained a Seller's Market.
Key Takeaway
Sparks Glencoe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Sparks Glencoe, MD cost?
Median Sold Price
$400,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
-$5,000(-1.2%)
Key Takeaway
Homes in Sparks Glencoe have sold for 1.2% less than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | $240K | +9.1% |
| 3 Bedrooms | $415K | $399.5K | -3.7% |
| 4 Bedrooms | $410K | $647.5K | +57.9% |
| 5+ Bedrooms | $1.0M | $1.0M | +2.4% |
Median Sold Price Compared To Nearby Cities
| Monkton | $615K | $829.9K | +35.0% |
| Cockeysville | $388K | $422.5K | +8.9% |
| Phoenix | $675K | $700K | +3.7% |
| Sparks Glencoe | $405K | $400K | -1.2% |
How many homes are available in Sparks Glencoe, MD?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 24 | 23 | -4.2% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 13 | 6 | -53.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sparks Glencoe, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
How long does it take to sell a home in Sparks Glencoe, MD?
How long does it take to sell a home in Sparks Glencoe, MD?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 6 Days | 4 Days | -30.6% |
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sparks Glencoe are selling fast, if you're buying plan to act quickly.
