Today’s View – July 22, 2015 Detached homes – New Market Md.
This is a market report on Detached Homes in New Market, Md. 21774 for sale. At the time of this report (07/22/2015) not including new construction there are 57 such homes on the market FOR SALE, another 35 under contract, and 14 that have sold in the last 30 days. Thus the absorption rate (57/14) shows a 4.07 month inventory, which is considered normal market.
Two Bedrooms
At the time of this report there is 1 two-bedroom detached homes o the market for sale. The current list price of this home is $325,000 and it has been on the market for 3 weeks (22 days).
There are no two-bedroom detached home under some form of contract in New Market. There are no two-bedroom detached homes has successfully process in the last 30 days.
Three Bedrooms
There are 19 three bedroom detached homes in this area on the market for sale at this time. The current list price of these homes range in price from a low of $249,900 to $450,000, with the median being $349,900 The days on market for these homes ranges from a week (6 days) to 5.5 months (166 days) with the median approaching 2 month (54 days).
There are 14 three-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $189,900 to $349,900, with the median being $289,950. The days on market for these homes ranges from a week (6 days) to approaching 6 months (172 days) with the median being a month (34 days).
In the last 30 days, 7 three-bedroom detached homes in the area have successfully completed the sales process. The closing price of these homes ranged from $280,000 to $417,000, with the median being $379,000. The days on market ranged from new to the market (2 days) to approaching 2.5 months (71 days), with the median being 3 weeks (20 days).
Four Bedrooms
There are 25 four-bedroom detached homes in this area on the market for sale at this time. These homes are currently listed for $259,900 to $597,900, with the median being $400,000. They have been on the market from new to the market (1 day) to approaching 7 months (205 days), with the median approaching 1.5 months (42 days).
There are another 15 four-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $250,000 to $948,000, with the median being $410,000. The days on market for these homes ranged from a week ( 4 days) to 3 months (94 days) with the median approaching 2 months (56 days).
In the last 30 days, 4 four-bedroom detached homes in the area have successfully completed the sales process. The closing price of these homes ranged from $424,900 to $564,700, with the median being $497,500. The days on market ranged from a week (7 days) to 9 month (278 days), with the median being 2 weeks (16 days).
Five Bedrooms
There are 11 five-bedroom detached homes in this area on the market for sale. These homes range in price from a low of $283,950 to $497,500, with the median being $429,000. The days on market for these homes ranges from new to the market (2 day) to approaching 3.5 months (103 days) with the median approaching 3 weeks (21 days).
There are 4 five-bedroom detached homes in the area that are under some form of contract at this time. The last known list price of these homes ranged from $289,900 to $650,000, with the median being $427,400. The days on market for these homes ranged from 1 week (9 days) to 2 months (60 days) with the median being 1 month (36 days).
In the last 30 days, 3 five-bedroom detached homes in the area have successfully completed the sales process. The closing price of these homes ranged from $261,000 to $540,000, with the median being 4363,514. The days on market for these homes ranged from a week (5 days) to 4.5 months (133 days), with the median being 3 weeks (17 days).
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Six Bedrooms
There is 1 six-bedroom detached homes in this area on the market for sale. This home is currently listed for $674,900 and has been on the market for 3 weeks (25 days).
There is also 2 six-bedroom detached homes under some form of contract at the time of this report. The last known list price of these homes being $620,000 after being on the market for 4 months (124 days) and $750,000 after being on the market for 3 weeks,
In the last 30 days, no six-bedroom detached home in New Market has successfully completed the sales process.
Seven Bedrooms
There are no seven-bedroom detached homes on the market for sale, under any form of contract, or has successfully completed the sales process in the last 30 days in New Market, Md.
If you have any questions about this report, please call me or send me an email. I look forward to helping you with your real estate needs.
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