Is Annapolis Roads, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Annapolis Roads was a Neutral Market.
Housing Prices in Annapolis Roads, MD
How much do homes in Annapolis Roads, MD cost?
Median Sold Price
$629,000
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Annapolis Roads was $629,000 in March 2024, down 12% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $1.5M | - | N/A |
3 Bedrooms | $632.5K | $522.6K | -17.4% |
4 Bedrooms | $715K | $657.5K | -8.0% |
5+ Bedrooms | - | $1.3M | N/A |
Summary: Annapolis Roads housing prices by bedroom type for March 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 decreased by 17.4%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Annapolis Neck | $640K | $680K | +6.3% |
Annapolis Roads | $715K | $629K | -12.0% |
Housing Supply in Annapolis Roads, MD
How many homes are available in Annapolis Roads, MD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 10 | +11.1% |
Summary: The Annapolis Roads real estate market had 10 homes for sale in March 2024, a 11.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Annapolis Roads housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Annapolis Roads in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Annapolis Roads, MD
How long does it take to sell a home in Annapolis Roads, MD?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
111 Days | 9 Days | -91.9% |
Summary: Homes in Annapolis Roads had an average of 9 days on market in Mar 2024, down by 91.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Annapolis Roads; 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.