A quick look at what has been happening in New Market Md. existing detached homes market for February, 2016. This report contains a summary starting with February 2015, then January 2016, and finally February 2016.
During the month of February 2015, 14 existing detached homes in New Market, Md. successfully completed the sales process. These homes sold for between $217,000 and $533,000 with the median being $302,450. These amounts where between 82.1% and 100% of the original list price of the homes, with the median being 96%. Seller provided assistance with closing cost on 10 of these homes. The assistance ranged from $1,000 to $14,900 with the median being $6,679. In this group of homes, 5 were Bank Owned properties.
During the month of January 2106, 5 existing detached homes in New Market, Md. successfully completed the sales process. These homes sold for between $229,900 and $544,900 with the median being $406,500. The days on market ranged from new to the market (1 day) to approaching 1 year (355 days), with the median being 1.5 months (42 days).. These amounts where between 84.7% and 118% of the original list price of the homes, with the median being 95.7%. Seller provided assistance with closing cost on 4 of these homes. The assistance ranged from $1,500 to $5,998 with the median being $5,000. In this group of homes, none were Bank Owned.
During the month of February, 10 existing detached homes in New Market, Md. successfully completed the sales process. These homes sold for between $250,000 and $500,000 with the median being $312,450. The days on market ranged from new to the market (1 day) to approaching 8 months (231 days), with the median approaching 3 months (81 days).. These amounts where between 58.8% and 100.1% of the original list price of the homes, with the median being 97.8%. Seller provided assistance with closing cost on 5 of these homes. The assistance ranged from $5,770 to $10,410 with the median being $8,580. In this group of homes, 2 were Bank Owned.
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