$5,787 Closing Credit*
$487,350
1,943 SqFt
3 Beds
•2 Full Baths, 2 Partial
Martin K. Alloy, Listing Office: SM Brokerage, LLC
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 Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Queen Anne, MD
How much do homes in Queen Anne, MD cost?
Median Sold Price
$582,150
$228/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$120,350(-17.1%)
Key Takeaway
Homes in Queen Anne have sold for 17.1% less than they did a month ago.
Summary: The median home sold price in Queen Anne was $582,150 in November 2024, down 17.1% from last month, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $580K | $554.7K | -4.3% |
| 4 Bedrooms | - | $957.5K | N/A |
| 5+ Bedrooms | $825K | $1.0M | +25.5% |
Summary: Queen Anne housing prices by bedroom type for November 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 decreased by 4.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 25.5%.
Housing Supply in Queen Anne, MD
How many homes are available in Queen Anne, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Summary: The Queen Anne real estate market had 19 homes for sale in November 2024, a 9.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Queen Anne housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Queen Anne, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Queen Anne in November 2024, up by 250.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 60 Days | +402.4% |
Summary: Homes in Queen Anne had an average of 60 days on market in Nov 2024, up by 402.4% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Queen Anne are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Queen Anne; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
