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

DETACHED HOMES

Active: 68
Average Days on Market: 119
Average List Price: $505,111

Pending: 11
Average Days on Market: 120
Average List Price: $420,136

NON-DETACHED HOMES

Active: 19
Average Days on Market: 120
Average List Price: $225,974

Pending: 97
Average Days on Market: 8**
Average List Price: $199,918

MARCH SALES

Detached Homes: 4
Average Days on Market: 112
Average List Price: $660,975
Average Sales Price*: $619,594

Non-Detached Homes: 1
Average Days on Market: 220
Average List Price: $200,000
Average Sales Price*: $190,000

*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!