Today's View - June 6, 2017 - New Market, Md. townhouses

By
Real Estate Agent with Weichert Realtor - New Colony MD581725

Today’s View – June 6,, 2017 – New MarketMd. 21774 – Townhouses

This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (06/06/17) there are 11 such homes on the market FOR SALE, another 19 under contract, and 4 that have successfully completed the sales process in the last 30 days. Thus the absorption rate (11/4) shows a 2.75 months inventory, what is to be considered a sellers market.

 

Three Bedrooms

There are 9 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 $239,900 to $449,900; with the median being $315,000.  The days on market for these homes ranges from new to the market (2 days)  to 3 months (91 days); with the median being 1 month (30 days).

There are 9 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 $225,000 to $399,900; with the median being $255,000.  The days on market for these homes ranges from 1 week (5 day) to 7 months (203 days); with the median being 2 weeks (11 days).

In the last 30 days, 3 three-bedroom townhouses in New Market have successfully completed the sale process.  These homes sold for between $210,000 and $265,000, with the median being $225,000.  These homes were on the market for between 1 week (7 days) to approaching 2.5 months (72days), with the median approaching 1 motnth (26 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 3 weeks (24 days), and $439,900 after being on the market for 1.5 months (45 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, 1 four-bedroom townhouse has successfully completed the sale process.  This home sold for $324,900 after being on the market for 2 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)
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Hope this was of some value to you.

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May this FORCE be with you

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Topic:
Real Estate Market Trends
Location:
Maryland Frederick County New Market
Groups:
The Art Of Marketing You
1st Time Buyers
City and State
The Ninety-ninth Percentile
Market Reports
Tags:
new market
townhouses
june 2017

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