Is Willards, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Willards was a Buyer's Market.
Key Takeaway
Willards is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Willards, MD
How much do homes in Willards, MD cost?
Median Sold Price
$287,450
$211/sqft
Based on all homes sold in November 2023.
Difference Since Last Month
Key Takeaway
Homes in Willards have sold for 21.3% more than they did a month ago.
Summary: The median home sold price in Willards was $287,450 in November 2023, up 21.3% from last month, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $284.9K | N/A |
| 4 Bedrooms | $237K | $290K | +22.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Willards housing prices by bedroom type for November 2023 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 22.4%, and 5+ bedroom homes did not change.
Housing Supply in Willards, MD
How many homes are available in Willards, MD?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Willards real estate market had 8 homes for sale in November 2023, a 11.1% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Willards housing inventory by bedroom type for November 2023 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 decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Willards, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Willards in November 2023, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Willards, MD
How long does it take to sell a home in Willards, MD?
Average Sale Time
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 73 Days | 107 Days | +46.6% |
Summary: Homes in Willards had an average of 107 days on market in Nov 2023, up by 46.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Willards are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2023, 4 homes were sold in Willards; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
