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Today's View - July 6, 2015 - New Market, Md. Townhouses

By
Real Estate Agent with Weichert Realtors - Aspen Hill MD581725

Today’s View – July 6, 2015 – New Market, Md. 21774 – Townhouses

This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (7/6/2015) there are 6 such homes on the market FOR SALE, another 3 under contract, and 6 that has sold in the last 30 days. Thus the absorption rate (6/6) shows a 1 month inventory, which is considered to be a sellers market.

 

Three Bedrooms

There are 5 three-bedroom townhouses in this area on the market for sale. These homes range in price from a low of $220,000 to $389,050 with the median being $237,900  The days on market for these homes ranges from 1 month (32 days ) to nearly 18 months (534 days), with the median approaching 3 months (85 days).

There are 3 three-bedroom townhouses in the area that are under some form of contract at this time.  The last known list prices of these homes are $219,900 and $308,000, with the median being $275,000. The days on market for these homes ranges from approaching 1 week (5 days) to approaching 1 month (25 days).

In the last 30 days, 4 three-bedroom townhouses in New Market have successfully completed the sales process These homes sold for between  $223,000 and $233,000, with the median being $224,950. The days on market for these homes ranges from new to the market (2 days) to over 3 months (93 days), with the median approaching 2 months (57 days)

 

Four Bedrooms

Currently, there is just 1 four-bedroom townhouse in this area on the market for sale. . This home is currently listed for $289,900 and has been on the market for 2 months (61 days).

There are no four-bedroom townhouses in the area that are under some form of contract at this time.

In the last 30 days, 2 four-bedroom townhouses in New Market have successfully completed the sales process. These homes sold for $310,000 with time on market being over 3 weeks (24 days) and $342,000 after being on the market for over 2.5 months (79 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 - Silver Spring / Aspen Hill
3816 International Dr        
Silver Spring, Md. 20906

            
(301) 237-2277  (c)
(301) 681-0550  (O)

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