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Cherry Hill Home Values and Market Report

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Mcmahanhomes.com
Report prepared by Mcmahanhomes.com Real Broker, LLC

Market at a glance

Over the last 12 months, homes sold for 97.8% of list price in 41 days on average.

Average price, last 12 months

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

List · $245K Sold · $245K
$390K$290K$190K$90K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 5 sales in Jun. Last month: 1.

Where the market stands

All homes in this report, by status.

38homes
Active7 · 18%
Under contract3 · 8%
Sold (12 mo)28 · 74%

Buyer's or seller's market?

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

3.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$315K
Under contract$237K
Sold$253K

Average days on market

Active80 days
Under contract50 days
Sold41 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 7
Average list price $314,700
Avg. days on market 80 days
Avg. price per ft² $200
Avg. living area 1,533 ft²
Avg. beds / baths 3.3 / 1.9

Price vs. living area

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

$600K$400K$200K$0

Price vs. living area: 7 homes plotted, up to $600K 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 7 homes in this status.

3306 English Consul Ave$327
2801 Joplea Ave$242
920 Bing Ln$209
10474 Sperryville Pike$199
2837 Round Rd$158
2731 Round Rd$152
3416 Round Rd$119

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
3416 Round RdBaltimore, MD 21225 321,080$129,000$1196 days
3306 English Consul AveBaltimore, MD 21230 41900$294,900$32739 days
10474 Sperryville PikeCulpeper, VA 22701 533,008$600,000$19937 days
2837 Round RdBaltimore, MD 21225 21756$120,000$15893 days
2801 Joplea AveBaltimore, MD 21225 421,713$415,000$24279 days
920 Bing LnCharlottesville, VA 22903 332,520$529,000$209157 days
2731 Round RdBaltimore, MD 21225 21756$115,000$152151 days
Mcmahanhomes.com

Questions about this market?

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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