A quick look at what has been happening in the New Market, Md. zip code existing townhouse market. This report contains a summary starting with September 2014, then August 2105, and finally September 2015.
During the month of September 2014, 2 existing townhouses in the New Market, Md. zip code successfully completed the sales process. These homes sold for $250,000 after 1 month (27 days) at 100.2% of the last known list price, and a seller subsidy of $7000.
The other home sold for and $324,900 after being on the market for a week (6 days) at 100% of the last known list price, and a seller subsidy of $2500.
During the month of August 2015, 5 existing townhouses in the New Market, Md. zip code successfully completed the sales process. These homes sold for between $149,000 and $279,900 with the median being $234,500. These amounts where between 94.3% and 101.8.% of the last known list price of the homes, with the median being 98.5%. The days on market for these homes ranged from new to the market (2 day) to approaching 2.5 months (70 days), with the median approaching 1 week (5 days). Seller closing cost assistance was give on 3 of these homes ranging form $5,000 to $9,035, with the median being $6720.
During the month of September 2015, 4 existing townhouses in the New Market, Md. zip code successfully completed the sales process. These homes sold for between $230,000 and $289,000 with the median being $227,450. These amounts where between 96.7% and 101.3% of the last known list price of the homes, with the median being 100%. The days on market for these homes ranged from approaching a week (3 days) to 3 weeks (22 days), with the median approaching 2 weeks (11days). Seller closing cost assistance was give on 4 of these homes ranging form $1000 to $7000, with the median being $6794.
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