Today's View - June 12, 2016 - New Market, Md. townhouses

Today’s View – June 12, 2016 – New Market, Md. 21774 – Townhouses

This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (6/12/2016) there are 10 such homes on the market FOR SALE, another 8 under contract, and 3 that have successfully completed the sales process in the last 30 days. Thus the absorption rate (10/3) shows a 3.33 month inventory, what is to be considered a sellers market.

Three Bedrooms

There are 4 three-bedroom townhouses in New Market, Md. on the market for sale at the time of this report.  The current list price of these homes ranges from $259,000 to $469,900; with the median being $385,535.  The days on market for these homes ranges from new to the market (2 day) to 3 months (93 days); with the median being approaching 2 months (55 days).

There are 8 three-bedroom townhouses in the area under some form of contract at the time of this report. The last known list price of these homes ranges from a low of $215,000 to $285,000 with the median being $234,900.  The days on market for these homes ranges from new to the market (2 days) to 2 months (64 days), with the median being 2 weeks (14 days).

In the last 30 days, 3 three-bedroom townhouses in New Market have successfully completed the sale process.  The closing price of these homes ranges from a low of $199,900 to $269,900 with the median being $262,250.  The days on market for these homes ranges from 1 week (4 days) to 2.5 months (74 days), with the median being 2 weeks (14 days).

Four Bedrooms

There are 5 four-bedroom townhouses in New Market, Md. currently on the market for sale.  The current list price of these homes ranges from $320,000 to $489,000; with the median being $339,900.  The days on market for these homes ranges from new to the market (1 day) to approaching 1.5 months (41 days); with the median being 2 weeks (14 days).

There are no four-bedroom townhouses in New Market, Md. currently under contract and none have successfully completed the sales process in the last 30 days

Five Bedrooms

There is 1 five-bedroom townhouse in New Market, Md. currently on the market for sale.  This home is list for $514,900 and has beenon the market for approaching 1.5 months (41 days).

There are no five-bedroom townhouses in New Market, Md. currently under contract and none have successfully completed the sales process in the last 30 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.