Is Tuscany / Canterbury, 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, Tuscany / Canterbury has remained a Seller's Market.
Key Takeaway
Tuscany / Canterbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tuscany / Canterbury, MD
How much do homes in Tuscany / Canterbury, MD cost?
Median Sold Price
$310,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Tuscany / Canterbury have sold for 37.8% more than they did a year ago.
Summary: The median home sold price in Tuscany / Canterbury was $310,000 in April 2024, up 37.8% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149K | $152.5K | +2.3% |
| 2 Bedrooms | $221K | $325K | +47.1% |
| 3 Bedrooms | $365K | $365K | 0.0% |
| 4 Bedrooms | $622K | - | N/A |
| 5+ Bedrooms | $474K | $622K | +31.2% |
Summary: Tuscany / Canterbury housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 47.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 31.2%.
Housing Supply in Tuscany / Canterbury, MD
How many homes are available in Tuscany / Canterbury, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The Tuscany / Canterbury real estate market had 14 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Tuscany / Canterbury housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tuscany / Canterbury, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Tuscany / Canterbury in April 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Tuscany / Canterbury, MD
How long does it take to sell a home in Tuscany / Canterbury, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 73 Days | 19 Days | -74.1% |
Summary: Homes in Tuscany / Canterbury had an average of 19 days on market in Apr 2024, down by 74.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tuscany / Canterbury are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Tuscany / Canterbury; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
