Is Upper Fell's Point, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Upper Fell's Point has remained a Seller's Market.
Key Takeaway
Upper Fell's Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Upper Fell's Point, MD
How much do homes in Upper Fell's Point, MD cost?
Median Sold Price
$329,900
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Upper Fell's Point have sold for 23.3% more than they did a year ago.
Summary: The median home sold price in Upper Fell's Point was $329,900 in April 2024, up 23.3% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $191.5K | $160K | -16.4% |
| 2 Bedrooms | $230K | $220K | -4.3% |
| 3 Bedrooms | $338K | $375K | +10.9% |
| 4 Bedrooms | $408.5K | $506K | +23.9% |
| 5+ Bedrooms | $499.2K | $710K | +42.2% |
Summary: Upper Fell's Point housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.4%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 23.9%, and 5+ bedroom homes increased by 42.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Upper Fell's Point | $267.5K | $329.9K | +23.3% |
| Patterson Park | $270K | $290K | +7.4% |
| Butcher's Hill | $345K | $330K | -4.3% |
| Fell's Point | $374.9K | $322.4K | -14.0% |
Housing Supply in Upper Fell's Point, MD
How many homes are available in Upper Fell's Point, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 40 | +29.0% |
Summary: The Upper Fell's Point real estate market had 40 homes for sale in April 2024, a 29.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 11 | 7 | -36.4% |
| 3 Bedrooms | 9 | 20 | +122.2% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Upper Fell's Point housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 36.4%, 3 bedroom homes increased by 122.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Fell's Point, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Upper Fell's Point in April 2024, down by 22.2% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% were sold over asking.
Days on Market for Upper Fell's Point, MD
How long does it take to sell a home in Upper Fell's Point, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 5 Days | -51.6% |
Summary: Homes in Upper Fell's Point had an average of 5 days on market in Apr 2024, down by 51.6% compared to last year.
Breakdown of Home Sale Times
7 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 Upper Fell's Point are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Upper Fell's Point; 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.
