Today’s View – August 24,, 2017 – New Market, Md. 21774 – Townhouses
This is a market report for Townhouses in New Market, Md. 21774. At the time of this report (8/24/17) there are 3 such homes on the market FOR SALE, another 4 under contract, and 7 that have successfully completed the sales process in the last 30 days. Thus the absorption rate (3/7) shows a 0.43 months inventory, what is to be considered a sellers market.
Three Bedrooms
There are 2 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 $189,900 after being on the market for 2 months (64 days) and $266,900 after being on the market for approaching 9.5 months (280 days).
There are 4 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 $243,500 to $434,900; with the median being $320,445. The days on market for these homes ranges from new to the market (3 day) to 2.5 months (75 days); with the median approaching 1.5 months (42 days).
In the last 30 days, 5 three-bedroom townhouses in New Market have successfully completed the sale process. These homes sold for between $239,900 and $425,000. The days on market ranged from a week (5 days) to 3 months (90 days), with the median being 1.5 months (50 days).
Four Bedrooms
There is 1 four-bedroom townhouse in New Market currently on the market for sale. The current list price of this townhouses is $324,900 having been on the market for 1.5 months (44 days)..
There are no four-bedroom townhouses in New Market, Md. currently under contract at this time.
In the last 30 days, 2 four-bedroom townhouses have successfully completed the sale process. These homes sold for $329,000 afterr being on the market for 1.5 months (43 days) and $439,900 after being on the market for 2 months (58 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.
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