Is Heritage Harbour, 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, Heritage Harbour has remained a Seller's Market.
Housing Prices in Heritage Harbour, MD
How much do homes in Heritage Harbour, MD cost?
Median Sold Price
$495,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Heritage Harbour was $495,000 in April 2024, up 2.1% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $431.3K | $435K | +0.8% |
3 Bedrooms | $557K | $600K | +7.7% |
4 Bedrooms | $599K | $589.9K | -1.5% |
5+ Bedrooms | $657K | - | N/A |
Summary: Heritage Harbour 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 0.8%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Parole | $495K | $535.3K | +8.2% |
Heritage Harbour | $485K | $495K | +2.1% |
Housing Supply in Heritage Harbour, MD
How many homes are available in Heritage Harbour, MD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 40 | +2.6% |
Summary: The Heritage Harbour real estate market had 40 homes for sale in April 2024, a 2.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 27 | 24 | -11.1% |
3 Bedrooms | 9 | 13 | +44.4% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Heritage Harbour 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 11.1%, 3 bedroom homes increased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 7 | -41.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Heritage Harbour in April 2024, down by 41.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.
Days on Market for Heritage Harbour, MD
How long does it take to sell a home in Heritage Harbour, MD?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 39 Days | +611.7% |
Summary: Homes in Heritage Harbour had an average of 39 days on market in Apr 2024, up by 611.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Heritage Harbour; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.