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.
Comments (0)Subscribe to CommentsComment