Is Harwood, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Harwood has remained a Seller's 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
$907,500
$167/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Harwood have sold for 40.9% more than they did a month ago.
Summary: The median home sold price in Harwood was $907,500 in May 2024, up 40.9% from last month, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $750K | - | N/A |
| 4 Bedrooms | $642K | $915K | +42.5% |
| 5+ Bedrooms | - | $900K | N/A |
Summary: Harwood housing prices by bedroom type for May 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 increased by 42.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Harwood | $644K | $907.5K | +40.9% |
| West River | $730K | $485K | -33.6% |
Housing Supply in Harwood, MD
How many homes are available in Harwood, MD?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Harwood real estate market had 8 homes for sale in May 2024, a 14.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Harwood housing inventory by bedroom type for May 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 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harwood, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Harwood in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 32 Days | 38 Days | +17.5% |
Summary: Homes in Harwood had an average of 38 days on market in May 2024, up by 17.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Harwood has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Harwood; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
