Today’s View – Oct 2, 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 (10/2/2015) there are 99 such homes on the market FOR SALE, another 48 under contract, and 28 that have sold in the last 30 days. Thus the absorption rate (99/28) shows a 3.5 month inventory, considered a sellers market. In the set that completed the sales process 4 where bank owned.
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 $209,500 being on the market for 2.5 months (72days), and $324,990 being on the market for 1 month (28 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 $189,900 and was on the market for 2 months (65 days).
In the last 30 days, no two-bedroom detached home in the area has successfully completed the sales process.
Three Bedrooms
There are 17 three-bedroom detached homes in this area on the market for sale. These homes range in price from a low of $225,000 to $649,900 with the median being $349,900. The days on market for these homes ranges from new to the market (1 day ) to 5.5 months (167 days), with the median being 1 month (29 days).
There are 9 three-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $289,900 to $349,900, with the median being $299,000. The days on market for these homes ranges from new to the market (1 day) to over 1 month (34 days) with the median being 1 week (7 days).
In the last 30 days, 6 three-bedroom detached homes in the area have successfully completed the sales process. The closing price of these homes ranging from $253,000 to $365,000, with the median being $352,000. The days on market for these homes ranged from a week (6 days) to 3 months (97 days), with the median being 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 50 four-bedroom detached homes in this area on the market for sale at the time of this report. These homes are currently listed from $299,000 to $910,900, with the median being $527,000. The days on market for these homes ranges from new to the market (1 day) to approaching 31.5 months (942 days), with the median being over a month (35 days).
There are 28 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 $336,950. The days on market for these homes ranges from new to the market (1 day) to 4.5 months (138 days) with the median being 1 month (31 days).
In the last 30 days, 13 four-bedroom detached homes in the area have successfully completed the sales process. The closing price of these homes ranging from $275,000 to $599,000; with the median being $390,000. The days on market for these homes ranges from new to the market (2 days) to over 3 months (98 days), with the median being over 3 weeks (24 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 $469,900 to $1,299,000 with the median being $650,000 The days on market for these homes ranges from new to the market (1 day ) to 11.5 months (346 days), with the median being 1 month (29 days).
There are 9 five-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $273,350 to $699,950, with the median being $419,000. The days on market for these homes ranges from approaching a week (5 days) 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 $375,000 to $680,000, with the median being $450,000. The days on market for these homes ranged from new to the market (2 day) to over 6 months (187 days), with the median being 1 month (28 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 $359,900 to $975,000 with the median being $574,500 The days on market for these homes ranges from 1 week (7 days ) to over 5 months (155 days), with the median approaching 87 months (87 days).
There is 1 six-bedroom detached home in the area under some form of contract. The last known list price of this home being 4499,000 and it was on the market for 3.5 months (107 days).
In the last 30 days, 2 six-bedroom detached home in the area have successfully completed the sales process. The closing price of these homes are $629,000 after being on the market for 1 month (31 days) and $1,065,000 after being on the market for 6 months (183 days).
Seven Bedrooms
There is 1 seven-bedroom detached home in the area of this report currently on the market for sale. This home is currently listed for $315,000 and has been on the market for 2 months (62 days). There are no seven-bedroom detached homes under any form of contract in the report area and none that have completed the sales process in the last 30 days.
Nine Bedrooms
There is 1 nine-bedroom detached home in the area of this report currently on the market for sale. This home is currently listed for $625,000 and has been on the market for 3 weeks (23 days). There are no nine-bedroom detached homes under any form of contract in the report area and none that have 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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