Spring Ridge, MD

Seller's market-21.8% YoY

Housing market overview · Updated weekly

$455,000median sale price

Homes sold

5

Last 12 weeks

Days on market

33

Average pace

Active listings

10

2.0 months supply

Sale-to-list

99.9%

Below asking

The Spring Ridge housing market is currently classified as a seller's market with a median sale price of $455,000. Prices have fallen 21.8% compared to last year, with homes spending an average of 33 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Spring Ridge

There are currently 10 homes listed for sale in Spring Ridge, Maryland. The median listing price is $675K.

Active listings

10

Homes on market

Median list price

$675K

Avg. days on market

33

Days until sale

New this week

7

Newly listed

Price drops:20.0%of listings
Sale-to-list:99.9%

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Frequently asked questions

What is the average home price in Spring Ridge?

The median home sale price in Spring Ridge is $455,000, down 21.8% from last year.

How long do homes stay on market in Spring Ridge?

Homes typically spend 33 days on market before going under contract.

Is Spring Ridge a buyer's or seller's market?

With 2.0 months of supply, Spring Ridge is currently a seller's market.

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