Today’s View – Sept. 3, 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 (9/3/2015) there are 53 such homes on the market FOR SALE, another 26 under contract, and 13 that have sold in the last 30 days. Thus the absorption rate (53/13) shows a 4.07 month inventory, considered a normal market. In the set of townhouse that did complete the sales process only 3 where bank owned.
Two Bedrooms
There are 3 two-bedroom townhouses in this area on the market for sale at the time of this report. These homes are currently listed from $179,990 to $239,999; with the median being $220,000. The days on market for these homes ranges from 3 week (22 days) to over a 2 months (68 days); with the median being 1 month (33 days).
There 2 two-bedroom townhouses in the area that are under some form of contract. The last known list price of this homes being $174,900 on the market for approaching 2 months (50 days) and the other listed at $199,900 on the market for over 2 months (70 days).
In the last 30 days, no two-bedroom townhouse in the area has successfully completed the sales process.
Three Bedrooms
Clearly the majority of the townhouses in this area for sale are the 3 bedroom configuration. There are 39 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 $330,000 The days on market for these homes ranges from new to the market (1 day ) to 13 months (390 days), with the median being 1.5 month (45 days).
There are 18 three-bedroom townhouses in the area that are under some form of contract. The last known list price of these homes ranges from $175,000 to $475,015, with the median being $297,350. The days on market for these homes ranges from new to the market (1 day) to over 3 months (100 days) with the median being 1 month (32 days).
In the last 30 days, 10 three-bedroom townhouses in the area have successfully completed the sales process. The closing price of these homes ranging from $135,000 to $399,500, with the median being $301,000. The days on market for these homes ranged from approaching a week (4 days) to approaching 4.5 months (133 days), with the median approaching 3 weeks (17 days).
Four Bedrooms
There are 11 four-bedroom townhouses in this area on the market for sale at the time of this report. These homes are currently listed from $215,000 to $484,990, with the median being $339,900. The days on market for these homes ranges from new to the market (1 day) to 4.5 months (135 days), with the median approaching 2 months (50 days).
There are 6 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 $302,900. The days on market for these homes ranges from new to the market (1 day) to approaching 2 months (52 days) with the median being 1 week (8 days).
In the last 30 days, 3 four-bedroom townhouses in the area have successfully completed the sales process. The closing price of these homes ranging from $334,900 to $494,600, with the median being $399,000. The days on market for these homes ranged from new to the market (1 day) to over 3 weeks (24 days), with the median being less than a week (3 days).
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