Is Johnston Square, 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, Johnston Square has remained a Seller's Market.
Key Takeaway
Johnston Square is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Johnston Square, MD
How much do homes in Johnston Square, MD cost?
Median Sold Price
$169,900
$164/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Johnston Square have sold for 6.2% more than they did a month ago.
Summary: The median home sold price in Johnston Square was $169,900 in April 2024, up 6.2% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $128.5K | - | N/A |
| 3 Bedrooms | $200K | $110K | -45.0% |
| 4 Bedrooms | - | $247.4K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Johnston Square housing prices by bedroom type for April 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 45%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Johnston Square, MD
How many homes are available in Johnston Square, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Johnston Square real estate market had 11 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Johnston Square housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Johnston Square, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Johnston Square in April 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Johnston Square, MD
How long does it take to sell a home in Johnston Square, MD?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 Days | 74 Days | +825.0% |
Summary: Homes in Johnston Square had an average of 74 days on market in Apr 2024, up by 825% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Johnston Square are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Johnston Square; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
