Boyds Home Sales Report for May 2016

Boyds Real Estate

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Boyds Housing Market

How's the Real Estate Market in Boyds MD?

Boyds home sales saw the following changes in May 2016, compared to last year at this time:

Boyds Housing Market

- average sold price was $470,240 compared to last year's $544,095

- average days on market to sell a home went to 88 days from 64 days

- average sold price sellers were getting changed from 96.7%  to 94.6%

Boyds market activity is summarized in the following chart (mouse over for details):

Boyds Homes Sold

Through May 2016 there were 24 single family homes, 14 townhouses and 0 condos sold.  The chart below shows average home price in Boyds by type.

Are Sellers Getting Their Asking Price in Boyds?

The chart below shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. There were 4 cash buyers (often investors) 10.5% of the 38 buyers so far in 2016.  You can see more details in our Boyds Property Values Report.

How Long is it Taking to Sell a Home?

So far in 2016, the average days on market was 88 compared to 64 days last year. You can see more market statistics in our Boyds Real Estate Market Trends Report.

Call Bob Myers of Re/Max Realty Services at 301-910-9910301-910-9910 if you have any questions about the value of your home or the real estate market.  Search for Olney homes for sale, save your favorites and get updates: