Today's View - May 25, 2017 - New Market, Md. townhouses

By
Real Estate Agent with Weichert Realtor - New Colony MD581725

Today’s View – May 25, 2017 – New MarketMd. 21774 – Townhouses

This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (5/25/17) there are 12 such homes on the market FOR SALE, another 8 under contract, and 6 that have successfully completed the sales process in the last 30 days. Thus the absorption rate (12/6) shows a 2.0 months inventory, what is to be considered a sellers market.

 

Three Bedrooms

There are 10 three-bedroom townhouses in New Market, Md. on the market for sale at the time of this report.  The current list price of these homes ranges from $249,500 to $449,900; with the median being $297,949.  The days on market for these homes ranges from 1 week (7 days)  to approaching 7 months (203 days); with the median being 3 weeks (20 days).

There are 7 three-bedroom townhouses in the area under some form of contract at the time of this report. The last known list price of this homes ranges from $209,900 to $399,900; with the median being $242,500.  The days on market for these homes ranges from 1 week (5 day) to  3 months (90 days); with the median being 2 weeks (13 days).

In the last 30 days, 3 three-bedroom townhouses in New Market have successfully completed the sale process.  These homes sold for between $215,000 and $265,000, with the median being $250,000.  These homes were on the market for between 1 week (6 days ) to over 3 weeks (26 days), with the median approaching 3 weeks (19 days).

 

Four Bedrooms

There are 2 four-bedroom townhouses in New Market currently on the market for sale.  The current lsit price of these townhouses being $354,900 having been on the market for 2 weeks (13 days), and $448,900 after being on the market for over a month (34 days).

There is 1 four-bedroom townhouse in New Market, Md. currently under contract.  The last known list price of this home being $274,800 and it was on the market for under a week (4 days).

In the last 30 days, 3 four-bedroom townhouses have successfully completed the sale process.  These homes sold for between $275,000 and $342,000, with the median being $324,900.  These homes were on the market for between new to the  market (1 day) to 2 weeks (13 days), with the median approaching 1.5 weeks (10 days).

 

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. 

Posted by

Robert J. Force
Weichert Realtors - New Colony
141 S Main Street #202             
Mount Airy, Md. 21771 

            
(301) 237-2277  (c)
(301) 703-8605  (O)
Website
Blog

Hope this was of some value to you.

Please ICE your cellphones!

May this FORCE be with you

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Maryland Frederick County New Market
Groups:
The Art Of Marketing You
1st Time Buyers
The Ninety-ninth Percentile
Market Reports
Tags:
new market
townhouses
may 2017

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
560,200

Bob Force (REALTOR®)

The FORCE in Maryland Real Estate
Looking for more information
*
*
*
*
Spam prevention