$4,750 Closing Credit*
$400,000
1,389 SqFt
3 Beds
•1 Full Bath, 1 Partial
Sandy Savani, Listing Office: Berkshire Hathaway HomeServices Homesale Realty
Is Queen Anne, 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, Queen Anne was a Buyer's Market.
Key Takeaway
Queen Anne is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Queen Anne, MD
How much do homes in Queen Anne, MD cost?
Median Sold Price
$825,000
$244/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$25,000(-2.9%)
Key Takeaway
Homes in Queen Anne have sold for 2.9% less than they did a month ago.
Summary: The median home sold price in Queen Anne was $825,000 in October 2024, down 2.9% from last month, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $580K | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $850K | $887.4K | +4.4% |
Summary: Queen Anne housing prices by bedroom type for October 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 increased by 4.4%.
Housing Supply in Queen Anne, MD
How many homes are available in Queen Anne, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Queen Anne real estate market had 20 homes for sale in October 2024, a 5.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Queen Anne housing inventory by bedroom type for October 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 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Queen Anne, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Queen Anne in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Queen Anne, MD
How long does it take to sell a home in Queen Anne, MD?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 Days | 41 Days | -50.8% |
Summary: Homes in Queen Anne had an average of 41 days on market in Oct 2024, down by 50.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Queen Anne are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Queen Anne; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
