Is Brunswick, 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, Brunswick has remained a Seller's Market.
Housing Prices in Brunswick, MD
How much do homes in Brunswick, MD cost?
Median Sold Price
$375,500
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Brunswick was $375,500 in April 2024, down 3.7% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $260.5K | $252K | -3.3% |
3 Bedrooms | $325K | $335K | +3.1% |
4 Bedrooms | $478.4K | $489.9K | +2.4% |
5+ Bedrooms | $740.7K | $602.7K | -18.6% |
Summary: Brunswick housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes decreased by 18.6%.
Housing Supply in Brunswick, MD
How many homes are available in Brunswick, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 51 | +41.7% |
Summary: The Brunswick real estate market had 51 homes for sale in April 2024, a 41.7% increase 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 | 0 | 0 | 0.0% |
3 Bedrooms | 20 | 27 | +35.0% |
4 Bedrooms | 12 | 18 | +50.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Brunswick 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 remained the same, 3 bedroom homes increased by 35%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Brunswick in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for Brunswick, MD
How long does it take to sell a home in Brunswick, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 13 Days | -66.7% |
Summary: Homes in Brunswick had an average of 13 days on market in Apr 2024, down by 66.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Brunswick; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.