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Prospect Bay Home Values and Market Report

Search in the subdivision of Prospect Bay

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Report prepared by easternshoremdfineproperties.com Coldwell Banker Chesapeake Real Estate Company
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Market at a glance

Over the last 12 months, homes sold for 98.9% of list price in 35 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $849K Sold · $849K
$1.3M$1.1M$900K$700K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 4 sales in Aug. Last month: 1.

Where the market stands

All homes in this report, by status.

27homes
Active5 · 19%
Under contract1 · 4%
Sold (12 mo)21 · 78%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$1.09M
Under contract$550K
Sold$945K

Average days on market

Active104 days
Under contract14 days
Sold35 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 5
Average list price $1,092,400
Avg. days on market 104 days
Avg. price per ft² $355
Avg. living area 3,014 ft²
Avg. beds / baths 4.4 / 3.4

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$3M$2M$1M$0

Price vs. living area: 5 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 5 homes in this status.

251 Prospect Bay Dr W$494
228 Prospect Bay Dr W$403
108 Prospect Bay Dr W$320
14 Fairway Is$292
1 Bunker$268

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
228 Prospect Bay Dr WGrasonville, MD 21638 543,707$1,495,000$40312 days
251 Prospect Bay Dr WGrasonville, MD 21638 443,137$1,550,000$49445 days
14 Fairway IsGrasonville, MD 21638 533,073$899,000$29294 days
108 Prospect Bay Dr WGrasonville, MD 21638 432,552$819,000$320162 days
1 BunkerGrasonville, MD 21638 432,604$699,000$268208 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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