Here's what's happening in the Takoma Park, Maryland real estate market:

DETACHED HOMES

Active: 45
Average Days on Market: 151
Average List Price: $515,493

Pending: 10
Average Days on Market: 110
Average List Price: $544,094

NON-DETACHED HOMES

Active: 18
Average Days on Market: 75
Average List Price: $236,772

Pending: 114
Average Days on Market: 5**
Average List Price: $217,214

NOVEMBER SALES

Detached Homes: 11
Average Days on Market: 79
Average List Price: $527,991
Average Sales Price*: $517,800

Non-Detached Homes: 4
Average Days on Market: 66
Average List Price: $322,225
Average Sales Price*: $305,475

*Sales Price does not include any seller contribution. Seller contributions are considered when evaluating a listing price as well as an official appraisal of any property.

**This statistic is extremely skewed by one broker who entered 107 properties in a new development as for sale and under contract the same day.

Tune in next week for an updated report. Call or eMail Gregory for a personalized report or to buy or sell any home in Takoma Park or anywhere else in the Metropolitan Washington, DC area!

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