Today’s View – Aug 16, 2015 – Aspen Hill 20906 – Townhouses
This is a market report for Townhouses in Aspen Hill, 20906, excluding those that are located in the senior citizens community of Rossmoor. At the time of this report (8/16/2015) there are 41 such homes on the market FOR SALE, another 33 under contract, and 10 that have sold in the last 30 days. Thus the absorption rate (41/10) shows a 4.1 month inventory, considered a normal market.
Two Bedrooms
There are 4 two-bedroom townhouses in this area on the market for sale at the time of this report. These homes are currently listed from $174,900 to $249,999; with the median being $199,995. The days on market for these homes ranges from approaching 1 week (4 days) to over a 1.5 months (50 days); with the median being 1 month (30 days).
There is 1 two-bedroom townhouses in the area that are under some form of contract. The last known list price of this home is $199,990 and was on the market for approaching 2.5 months (70 days).
In the last 30 days, 1 two-bedroom townhouse in the area has successfully completed the sales process. This home sold for $240,000 after being on the market for under 2 weeks (11 days).
Three Bedrooms
Clearly the majority of the townhouses in this area for sale are the 3 bedroom configuration. There are 31 three-bedroom townhouses in this area on the market for sale. These homes range in price from a low of $174,500 to $589.900 with the median being $355,000 The days on market for these homes ranges from new to the market (2 day ) to over a year (373 days), with the median being over 1.5 month (49 days).
There are 25 three-bedroom townhouses in the area that are under some form of contract. The last known list price of these homes ranged from $135,000 to $475,015, with the median being $295,000. The days on market for these homes ranges from new to the market (1 day) to approaching 4.5 months (133 days) with the median being 1 month (33 days).
In the last 30 days, 7 three-bedroom townhouses in the area have successfully completed the sales process. The closing price of these homes ranging from $161,000 to $509,900, with the median being $305,500. The days on market for these homes ranged from approaching 2 weeks (10 days) to over 8 months (254 days), with the median approaching 3 weeks (19 days).
Four Bedrooms
There are 6 four-bedroom townhouses in this area on the market for sale at the time of this report. These homes are currently listed from $229,900 to $484,990. The days on market for these homes ranges from new to the market (3 days) to 4 months (117 days), with the median being 1.5 months (45 days).
There are 7 four-bedroom townhouses in the area that are under some form of contract. The last known list price of these homes ranged from $180,000 to $455,485, with the median being $275,900. The days on market for these homes ranges from new to the market (1 day ) to over 2 months (65 days) with the median being 1 week (7 days).
In the last 30 days, 2 four-bedroom townhouses in the area have successfully completed the sales process. The closing price of these homes ranging from $175,000 after being on the market for approaching 2 weeks (11 days) to $334,900 after being on the market for over 3 weeks (24 days).
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