Is Harwood, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harwood is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Harwood was a Neutral Market.

Key Takeaway

Harwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Harwood, MD

How much do homes in Harwood, MD cost?

Median Sold Price

$644,000

$232/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$756,000(-54.0%)

Key Takeaway

Homes in Harwood have sold for 54% less than they did a month ago.

Summary: The median home sold price in Harwood was $644,000 in April 2024, down 54% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$750K
N/A
4 -$642K
N/A
5+ $1.4M-
N/A

Summary: Harwood housing prices by bedroom type for April 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.

Housing Supply in Harwood, MD

How many homes are available in Harwood, MD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
67+16.7%

Summary: The Harwood real estate market had 7 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 33
0.0%
5+ 23
+50.0%

Summary: The Harwood 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harwood, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Harwood in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Harwood, MD

How long does it take to sell a home in Harwood, MD?

Average Sale Time

Mar 2024Apr 2024CHANGE
1 Day32 Days+3133.3%

Summary: Homes in Harwood had an average of 32 days on market in Apr 2024, up by 3133.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Harwood are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Harwood; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Harwood, MD

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