Is Wexford Village, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wexford Village is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Wexford Village was a Neutral Market.

Key Takeaway

Wexford Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wexford Village, MD

How much do homes in Wexford Village, MD cost?

Median Sold Price

$500,000

$193/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$30,000(+6.4%)

Key Takeaway

Homes in Wexford Village have sold for 6.4% more than they did a month ago.

Summary: The median home sold price in Wexford Village was $500,000 in March 2024, up 6.4% from last month, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $470K$500K
+6.4%
5+ --
N/A

Summary: Wexford Village housing prices by bedroom type for March 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 increased by 6.4%, and 5+ bedroom homes did not change.

Housing Supply in Wexford Village, MD

How many homes are available in Wexford Village, MD?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
660.0%

Summary: The Wexford Village real estate market had 6 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 66
0.0%
5+ 00
0.0%

Summary: The Wexford Village housing inventory by bedroom type for March 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wexford Village, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Wexford Village in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Wexford Village, MD

How long does it take to sell a home in Wexford Village, MD?

Average Sale Time

Feb 2024Mar 2024CHANGE
86 Days69 Days-19.8%

Summary: Homes in Wexford Village had an average of 69 days on market in Mar 2024, down by 19.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wexford Village has remained consistent over time.

Summary: During March 2024, 2 homes were sold in Wexford Village; 0% of homes were sold within 30 days, 100% 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 28 Days Ago

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