Today’s View – Aug 16, 2015 – Aspen Hill 20906 – Detached homes
This is a market report for detached home in Aspen Hill, 20906, excluding those that are located in the senior citizens community of Rossmoor. At the time of this report (8/16/2015) there are 89 such homes on the market FOR SALE, another 66 under contract, and 36 that have sold in the last 30 days. Thus the absorption rate (89/36) shows a 2.4 month inventory, considered a sellers market.
Two Bedrooms
There are 2 two-bedroom detached homes in this area on the market for sale at the time of this report. These homes are currently listed from $198,900 being on the market for approaching 1 month (26 days), and $540,000 being on the market for approaching 3 months (82 days).
There is 1 two-bedroom detached home in the area that is under some form of contract. The last known list price of this home is $232,500 and was on the market for 2 months (61 days).
In the last 30 days, no two-bedroom detached home in the area has successfully completed the sales process.
Three Bedrooms
There are 11 three-bedroom detached homes in this area on the market for sale. These homes range in price from a low of $259,900 to $649,900 with the median being $349,000 The days on market for these homes ranges from new to the market (2 day ) to approaching 4 months (114 days), with the median being over 2 weeks (17 days).
There are 8 three-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $240,000 to $374,900, with the median being $317,500. The days on market for these homes ranges from new to the market (1 day) to over 3 months (87 days) with the median being 1 week (7 days).
In the last 30 days, 9 three-bedroom detached homes in the area have successfully completed the sales process. The closing price of these homes ranging from $275,000 to $475,000, with the median being $340,000. The days on market for these homes ranged from under a week (5 days) to 3.5 months (102 days), with the median approaching 3 weeks (20 days).
Four Bedrooms
Clearly the majority of the detached homes in the area for sale are the four bedroom homes. There are 47 four-bedroom detached homes in this area on the market for sale at the time of this report. These homes are currently listed from $325,000 to $799,990. The days on market for these homes ranges from new to the market (2 days) to approaching 30 months (895 days), with the median being 1.5 months (48 days).
There are 36 four-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $240,000 to $677,923, with the median being $398,950. The days on market for these homes ranges from new to the market (1 day) to approaching 4 months (113 days) with the median being 1 month (30 days).
In the last 30 days, 20 four-bedroom detached homes in the area have successfully completed the sales process. The closing price of these homes ranging from $270,000 to $691,000; with the median being $430,000. The days on market for these homes ranges from new to the market (3 days) to approaching 4 months (110 days), with the median approaching 3 weeks (17 days).
Five Bedrooms
There are 19 five-bedroom detached homes in this area on the market for sale. These homes range in price from a low of $349,000 to $1,299,000 with the median being $530,000 The days on market for these homes ranges from approaching 1 week (5 day ) to 13 months (395 days), with the median being 1.5 months (48 days).
There are 15 five-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $379,000 to $699,990, with the median being $479,900. The days on market for these homes ranges from new to the market (1 day) to 8 months (237 days) with the median being 2 months (58 days).
In the last 30 days, 7 five-bedroom detached homes in the area have successfully completed the sales process. The closing price of these homes ranging from $345,000 to $699,990, with the median being $432,000. The days on market for these homes ranged from new to the market (1 day) to approaching 7 months (203 days), with the median being over a week (9 days).
Six Bedrooms
There are 9 six-bedroom detached homes in this area on the market for sale. These homes range in price from a low of $399,990 to $975,000 with the median being $550,000 The days on market for these homes ranges from 2 weeks (5 day ) to approaching 4 months (113 days), with the median being 2 months (63 days).
There are 6 six-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $350,000 to $1,095,000, with the median being $487,650. The days on market for these homes ranges from 2 weeks (14 days) to 6 months (183 days) with the median being 1.5 months (47 days).
In the last 30 days, no six-bedroom detached home in the area has successfully completed the sales process.
Seven Bedrooms
There is 1 seven-bedroom detached homes in this area on the market for sale. This home is currently listed for $329,000 and has been on the market for 1 month (29 days). There are no seven-bedroom detached homes currently under contact in the report area and none have successfully completed the sales process in the last 30 days.
If you have any questions about this report, please contact me. I look forward to helping you with your real estate needs.
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