Market report, updated

Market Report

Search in the subdivision of Prospect Bay

easternshoremdfineproperties.com
Report prepared by easternshoremdfineproperties.com Coldwell Banker Chesapeake Real Estate Company
Coldwell Banker Chesapeake Real Estate Company logo

Market at a glance

Over the last 6 months, homes sold for 97.6% of list price in 52 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.

Sold tab (last 6 months) Earlier

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

Where the market stands

All homes in this report, by status.

16homes
Active5 · 31%
Under contract1 · 6%
Sold (6 mo)10 · 62%

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$858K

Average days on market

Active105 days
Under contract15 days
Sold52 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 105 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$40313 days
251 Prospect Bay Dr WGrasonville, MD 21638 443,137$1,550,000$49446 days
14 Fairway IsGrasonville, MD 21638 533,073$899,000$29295 days
108 Prospect Bay Dr WGrasonville, MD 21638 432,552$819,000$320163 days
1 BunkerGrasonville, MD 21638 432,604$699,000$268209 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.

easternshoremdfineproperties.com Coldwell Banker Chesapeake Real Estate Company

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