$6,519 Closing Credit*
$549,000
2,772 SqFt
4 Beds
•2 Full Baths, 1 Partial
Chikia S Barnes, Listing Office: Keller Williams Preferred Properties
Is Bryans Road, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bryans Road has remained a Seller's Market.
Key Takeaway
Bryans Road is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bryans Road, MD
How much do homes in Bryans Road, MD cost?
Median Sold Price
$434,945
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,700(+10.3%)
Key Takeaway
Homes in Bryans Road have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Bryans Road was $434,945 in November 2024, up 10.3% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $231K | $294.7K | +27.6% |
| 3 Bedrooms | $390.6K | $387K | -0.9% |
| 4 Bedrooms | $460K | $557K | +21.1% |
| 5+ Bedrooms | $589.9K | $602.5K | +2.1% |
Summary: Bryans Road housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.6%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 2.1%.
Housing Supply in Bryans Road, MD
How many homes are available in Bryans Road, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 38 | +11.8% |
Summary: The Bryans Road real estate market had 38 homes for sale in November 2024, a 11.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Bryans Road housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bryans Road, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Bryans Road in November 2024, up by 37.5% month-over-month. Of the 11 sold homes, 9% were sold under asking, 45% were sold at asking, and 45% were sold over asking.
Days on Market for Bryans Road, MD
How long does it take to sell a home in Bryans Road, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 27 Days | +5.3% |
Summary: Homes in Bryans Road had an average of 27 days on market in Nov 2024, up by 5.3% compared to last year.
Breakdown of Home Sale Times
8 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 Bryans Road are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Bryans Road; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
