Today's View - Dec. 27, 2016 - New Market townhouses

By
Real Estate Agent with Weichert Realtor - New Colony MD581725

Today’s View – December 27, 2016 – New MarketMd. 21774 – Townhouses

This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (12/27/2016) there are 7 such homes on the market FOR SALE, another 1 under contract, and 3 that have successfully completed the sales process in the last 30 days. Thus the absorption rate (7/3) shows a 2.33 months inventory, what is to be considered a sellers market.

 

Three Bedrooms

There are 6 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 $215,932 to $450,475; with the median being $308,500.  The days on market for these homes ranges from 2 weeks (13 days ) to 10 months (292 days); with the median being 3 months (91 days).

There is 1 three-bedroom townhouses in the area under some form of contract at the time of this report. The last known list price of this home is $234,000 and has been on the market 4 months (125 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 $194,900 to $247,000.  The days on market ranged for 1 week (7 days) to 1.5 months (51 days), with the median being 1.5 months (41 days).

 

Four Bedrooms

There is 1 four-bedroom townhouse in New Market, Md. currently on the market for sale.  The current list price of this home is $464,900, having been on the market approaching 2 months  (52 days).

There are no four-bedroom townhouses in the area under some form of contract at the time of this report.  In the last 30 days, no four-bedroom townhouse in New Market has successfully completed the sales process.

 

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.

Posted by

Robert J. Force
Weichert Realtors - New Colony
108 E. Ridgeville Blvd           
Mount Airy, Md. 21771 

            
(301) 237-2277  (c)
(301) 703-8605  (O)
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Hope this was of some value to you.

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May this FORCE be with you

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