Is Villa Estates, 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, Villa Estates has remained a Seller's Market.
Key Takeaway
Villa Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Villa Estates, MD
How much do homes in Villa Estates, MD cost?
Median Sold Price
$350,000
$378/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Villa Estates have sold for 26.7% less than they did a month ago.
Summary: The median home sold price in Villa Estates was $350,000 in April 2024, down 26.7% from last month, and the median price per square foot was $378.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $385K | - | N/A |
| 3 Bedrooms | $477.1K | $335K | -29.8% |
| 4 Bedrooms | $516.4K | $524.2K | +1.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Villa Estates 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 29.8%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Villa Estates | $477.1K | $350K | -26.7% |
| Rosedale | $637K | $460K | -27.8% |
Housing Supply in Villa Estates, MD
How many homes are available in Villa Estates, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Summary: The Villa Estates real estate market had 6 homes for sale in April 2024, a 40.0% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Villa Estates 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 decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Villa Estates, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Villa Estates in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Villa Estates, MD
How long does it take to sell a home in Villa Estates, MD?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 19 Days | +6.2% |
Summary: Homes in Villa Estates had an average of 19 days on market in Apr 2024, up by 6.2% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Villa Estates are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Villa Estates; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
