Is Poolesville, 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, Poolesville has remained a Seller's Market.
Key Takeaway
Poolesville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Poolesville, MD
How much do homes in Poolesville, MD cost?
Median Sold Price
$620,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Poolesville have sold for 17.7% more than they did a year ago.
Summary: The median home sold price in Poolesville was $620,000 in April 2024, up 17.7% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $600K | N/A |
| 3 Bedrooms | $330K | $540K | +63.6% |
| 4 Bedrooms | $563K | $691K | +22.7% |
| 5+ Bedrooms | $980K | $930K | -5.1% |
Summary: Poolesville 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 did not change, 3 bedroom homes increased by 63.6%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes decreased by 5.1%.
Housing Supply in Poolesville, MD
How many homes are available in Poolesville, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 28 | +55.6% |
Summary: The Poolesville real estate market had 28 homes for sale in April 2024, a 55.6% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 7 | +600.0% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Poolesville 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 600%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Poolesville, you could pay more than the asking price. 85.7% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Poolesville in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 0% were sold under asking, 14% were sold at asking, and 86% were sold over asking.
Days on Market for Poolesville, MD
How long does it take to sell a home in Poolesville, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 7 Days | 6 Days | -12.4% |
Summary: Homes in Poolesville had an average of 6 days on market in Apr 2024, down by 12.4% 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 Poolesville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Poolesville; 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.
