Is Bushwood, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bushwood is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bushwood has remained a Seller's Market.

Key Takeaway

Bushwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bushwood, MD

How much do homes in Bushwood, MD cost?

Median Sold Price

$299,950

$468/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$167,550(-35.8%)

Key Takeaway

Homes in Bushwood have sold for 35.8% less than they did a month ago.

Summary: The median home sold price in Bushwood was $299,950 in November 2024, down 35.8% from last month, and the median price per square foot was $468.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $322.5K$299.9K
-7.0%
4 $540K-
N/A
5+ $757.4K-
N/A

Summary: Bushwood housing prices by bedroom type for November 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 decreased by 7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bushwood, MD

How many homes are available in Bushwood, MD?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
63-50.0%

Summary: The Bushwood real estate market had 3 homes for sale in November 2024, a 50.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 21
-50.0%
5+ 10
-100.0%

Summary: The Bushwood 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 decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bushwood, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Bushwood in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Bushwood, MD

How long does it take to sell a home in Bushwood, MD?

Average Sale Time

Oct 2024Nov 2024CHANGE
30 Days21 Days-31.7%

Summary: Homes in Bushwood had an average of 21 days on market in Nov 2024, down by 31.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bushwood are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Bushwood; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Bushwood, MD

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