$5,819 Closing Credit*
$490,000
1,148 SqFt
5 Beds
•3 Full Baths
Ana Garcia, Listing Office: Argent Realty,LLC
Is Seabrook, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Seabrook has remained a Seller's Market.
Key Takeaway
Seabrook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seabrook, MD
How much do homes in Seabrook, MD cost?
Median Sold Price
$430,250
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,250(+6.2%)
Key Takeaway
Homes in Seabrook have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Seabrook was $430,250 in October 2024, up 6.2% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126.5K | $134.9K | +6.7% |
| 2 Bedrooms | $175.5K | $165K | -6.0% |
| 3 Bedrooms | $375K | $397K | +5.9% |
| 4 Bedrooms | $467.2K | $455.3K | -2.5% |
| 5+ Bedrooms | $452.5K | $485K | +7.2% |
Summary: Seabrook housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 7.2%.
Housing Supply in Seabrook, MD
How many homes are available in Seabrook, MD?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Summary: The Seabrook real estate market had 33 homes for sale in October 2024, a 6.5% 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 14 | 9 | -35.7% |
| 5+ Bedrooms | 4 | 10 | +150.0% |
Summary: The Seabrook 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 decreased by 14.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seabrook, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Seabrook in October 2024, down by 9.1% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for Seabrook, MD
How long does it take to sell a home in Seabrook, MD?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 24 Days | +3.3% |
Summary: Homes in Seabrook had an average of 24 days on market in Oct 2024, up by 3.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Seabrook are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Seabrook; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
