The Johnson Ranch Real Estate Market Report for March, 2025

Spring has sprung in Johnson Ranch! 48 new listings, 24 listings under contract, and 32 homes sold highlight this month's edition of the real estate roundup.

Last month we reported that the Buyer's Market had arrived and how that might not be a bad thing for real estate in our community. This month, we dive into the statistics that show its impact on the real estate roundup.

Months Supply of Inventory

The Months Supply of Inventory is currently at 7.51, which indicates how long it would take for all the current homes on the market to sell at the current pace of sales. As we had stated in prior months, this number has been slowly and steadily growing. As our typical "buying season" is starting to ramp up, Sellers have started the process of getting onto the market to take advantage of this seasonal trend. 

The month-over-month change was a miniscule 0.3%! This tells us that homes are selling, and while this number did rise slightly, its alarming jump has leveled off.

Median Days on Market

The Median Days Homes are On the Market has fallen further to 48 days!

Sellers looking to capitalize on a rather quick sale of their home can, and do, find the buyers willing to make the move to Johnson Ranch. 

This number can be influenced by various factors; however, it always comes down to pricing. Homes priced well will sell, and those that aren't...will sit.

List to Sold Price Percentage

The List to Sold Price Percentage is at 98.8%, showing that homes are typically selling very close to their listing price. The month-over-month increase, while very small, is an indicator that buyers and sellers are both willing to give a little to get a sale.

Median Sold Price

 

Lastly, the Median Sold Price fell another 3.85% to land at $375,000. While we are entrenched in a buyer's market, the downward pressure on home prices will continue. Price reductions and/or concessions to attract a buyer are common in our community during these times.

Johnson Ranch Real Estate Market Summary

Overall, this information here shows Johnson Ranch to be in a buyers market. With more options available to prospective buyers, pricing strategies, offers of concessions, the best curb appeal/show readiness will continue to be paramount to attracting the right buyer to your home. 

Want to know more about Johnson Ranch? Check out the Johnson Ranch Community Page here!

 

 

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