Is The Residences at Henderson's, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, The Residences at Henderson's was a Buyer's Market.
Key Takeaway
The Residences at Henderson's is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Residences at Henderson's, MD
How much do homes in The Residences at Henderson's, MD cost?
Median Sold Price
$325,500
$308/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in The Residences at Henderson's have sold for 38% less than they did a month ago.
Summary: The median home sold price in The Residences at Henderson's was $325,500 in March 2024, down 38% from last month, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $325.5K | N/A |
| 2 Bedrooms | $524.9K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: The Residences at Henderson's housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Belt's Landing | $385K | $802.5K | +108.4% |
| The Residences at Henderson's | $524.9K | $325.5K | -38.0% |
Housing Supply in The Residences at Henderson's, MD
How many homes are available in The Residences at Henderson's, MD?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The The Residences at Henderson's real estate market had 9 homes for sale in March 2024, a 10.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Residences at Henderson's 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Residences at Henderson's, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in The Residences at Henderson's in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for The Residences at Henderson's, MD
How long does it take to sell a home in The Residences at Henderson's, MD?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 136 Days | 105 Days | -22.8% |
Summary: Homes in The Residences at Henderson's had an average of 105 days on market in Mar 2024, down by 22.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in The Residences at Henderson's has remained consistent over time.
Summary: During March 2024, 2 homes were sold in The Residences at Henderson's; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
