Today’s View –April 9, 2013 – Damascus, Md.20872 – Detached Homes
This is a market report for detached homes in Damascus, Md.20872. At the time of this report (04/09/13) there are 34 such homes on the market FOR SALE, 18 are under contract, and another seven that have sold in the last 30 days.
One Bedroom
There is no one-bedroom detached homes currently on the market for sale in this report area and none under any form of contract. One one-bedroom has completed the sales process in the last 30 days. This home sold for $300,000 after being on the market for nearly three months (83 days).
Two Bedrooms
There are three two-bedroom homes of sale in the zip code. These homes range in price from a low of $149,900 to $239,900, with the median being $199,900. The days on market for these homes ranges from less than two weeks (12 days) to over six months (184 days) with the median approaching six months (178 days). There is no two-bedroom detached under any form of contract at this time and none that have completed the sales process in the last 30 days.
Three Bedrooms
There are 10 three-bedroom homes of sale in the zip code. These homes range in price from a low of $50,000 to $425,000, with the median being $342,450. The days on market for these homes ranges from a day to over three months (98 days) with the median being just over three weeks (25 days).
There are another four three-bedroom detached homes in this market place that are under some form of contract at this time. The last known list price of these homes ranged from $270,000 to $484,990, with the median being $349,950. The days on market for these homes ranged from a week (7 days) to over five months (157 days) with the median being just over three months (99 days).
In the last 30 days three three-bedroom detached homes in this market place have successfully completed the sales process. The closing price of these homes ranged from $286,000 to $300,000, with the median being $290,000 The days on market for these homes ranged from nearly two weeks (11 days) to nearly three months (83days) with the median bring over a month (38 days).
Four Bedrooms
Clearly the majority of the detached homes on the market for sale in this zip code are the 16 four-bedroom homes. These homes range in price from a low of 314,900 to $1,375,000, with the median being $524,990. The days on market for these homes ranges from two weeks (17 days) to over 15 months (466 days), with the median approaching eight (228 days).
There are another 12 four-bedroom detached homes in this market place that are under some form of contract at this time. The last known list price of these homes ranged from $345,000 to $999,995, with the median being $493,950. The days on market for these homes ranged from less than a week (4 days) to over 13 months (400 days) with the median approaching four months (109 days).
In the last 30 days, two four-bedroom detached homes in this market place have successfully completed the sales process. The closing price of these homes were $370,000 and $1,100,000 The days on market for these homes ranged were 13 and 29 days .
Five Bedrooms
There are four five-bedroom homes of sale in the zip code. These homes range in price from a low of $389,900 to $685,000, with the median being $637,500. The days on market for these homes ranges from less than a week (4 days) to over ten months (312 days) with the median being just over a month (38 days).
There is one five-bedroom detached homes in this market place that are under some form of contract at this time. The last known list price of this home is $575,000 and was on the market for less than a week (5 days). Just one five-bedroom detached home successfully completed the sales process in the last 30 days. This home sold for $339,000 after being on the market for two weeks (16 days).
Six Bedrooms
There is one six-bedroom detached home in the report area for sale. This home is currently listed for $839,900 and has been on the market for less than two weeks (11 days). There are no six-bedroom detached homes currently under any form of contact in the market area and none have completed the sales process in the last 30 days.
Seven Bedrooms
No seven-bedroom detached home is on the market for sales in the report area, nor has any completed the sales process in the last thirty days. There is one seven-bedroom detached home under contact at this time. This home was last listed for $484,990 and was on the market for over 13 months (411 days).
For information on Townhouses in Damascus Md., check out my post on that subject.
If you have any questions about this report, please call me or send me an email.
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