Is Sparks Glencoe, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Sparks Glencoe was a Seller's Market.
Housing Prices in Sparks Glencoe, MD
How much do homes in Sparks Glencoe, MD cost?
Median Sold Price
$395,000
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sparks Glencoe was $395,000 in April 2024, down 1.3% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $240K | $255K | +6.3% |
3 Bedrooms | $400K | $439.7K | +9.9% |
4 Bedrooms | $581K | $546.2K | -6.0% |
5+ Bedrooms | $1.0M | $1.1M | +9.6% |
Summary: Sparks Glencoe 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 increased by 6.3%, 3 bedroom homes increased by 9.9%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
Phoenix | $682.5K | $754.7K | +10.6% |
Cockeysville | $407.2K | $449.9K | +10.5% |
Sparks Glencoe | $400K | $395K | -1.3% |
Housing Supply in Sparks Glencoe, MD
How many homes are available in Sparks Glencoe, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 19 | -20.8% |
Summary: The Sparks Glencoe real estate market had 19 homes for sale in April 2024, a 20.8% 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 | 8 | 4 | -50.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 5 | 3 | -40.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Sparks Glencoe 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 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 3 | -72.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Sparks Glencoe in April 2024, down by 72.7% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Sparks Glencoe, MD
How long does it take to sell a home in Sparks Glencoe, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 5 Days | -80.7% |
Summary: Homes in Sparks Glencoe had an average of 5 days on market in Apr 2024, down by 80.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Sparks Glencoe; 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.