Is Bushwood, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
$200,050
$304/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Bushwood have sold for 64.7% less than they did a month ago.
Summary: The median home sold price in Bushwood was $200,050 in May 2024, down 64.7% from last month, and the median price per square foot was $304.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $222.1K | N/A |
| 3 Bedrooms | $45K | $178K | +295.6% |
| 4 Bedrooms | $1.0M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Bushwood housing prices by bedroom type for May 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 increased by 295.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Coltons Point | $125K | $480K | +284.0% |
| Bushwood | $567.5K | $200K | -64.7% |
Housing Supply in Bushwood, MD
How many homes are available in Bushwood, MD?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Bushwood real estate market had 9 homes for sale in May 2024, a 12.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bushwood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bushwood, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Bushwood in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 13 Days | -68.3% |
Summary: Homes in Bushwood had an average of 13 days on market in May 2024, down by 68.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bushwood are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 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.
