$5,332 Closing Credit*
$449,000
960 SqFt
3 Beds
•2 Full Baths
Luis F Moreno, Listing Office: Weichert, REALTORS
Is Stratford Knolls, 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, Stratford Knolls has remained a Seller's Market.
Key Takeaway
Stratford Knolls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stratford Knolls, MD
How much do homes in Stratford Knolls, MD cost?
Median Sold Price
$550,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+1.9%)
Key Takeaway
Homes in Stratford Knolls have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Stratford Knolls was $550,000 in November 2024, up 1.9% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $317K | - | N/A |
| 3 Bedrooms | $471.2K | $520K | +10.3% |
| 4 Bedrooms | $631.7K | $550K | -12.9% |
| 5+ Bedrooms | $565K | $590K | +4.4% |
Summary: Stratford Knolls 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 did not change, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes increased by 4.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Cedar Valley | $725K | $800K | +10.3% |
| Germantown | $391.5K | $424.4K | +8.4% |
| Stratford Knolls | $540K | $550K | +1.9% |
Housing Supply in Stratford Knolls, MD
How many homes are available in Stratford Knolls, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Stratford Knolls real estate market had 3 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Stratford Knolls 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stratford Knolls, 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 Stratford Knolls in November 2024, down by 50.0% 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 Stratford Knolls, MD
How long does it take to sell a home in Stratford Knolls, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 8 Days | -38.5% |
Summary: Homes in Stratford Knolls had an average of 8 days on market in Nov 2024, down by 38.5% compared to last year.
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
Key Takeaway
Many homes in Stratford Knolls are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Stratford Knolls; 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.
