Today's View - Feb. 26, 2018 - New Market, Md - detached homes

By
Real Estate Agent with Weichert Realtor - New Colony MD581725

Today’s View – Feb.26, 2018 – New Market, Md. 21774 – Detached Homes

This is a market report for existing detached homes in New Market, Md. 21774.  At the time of this report (2/26/2018) not including new construction 29 such homes are on the market FOR SALE, another 34 under contract, and 7 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 4.14which is considered a normal market

While the minimum lot size is just .12 acres and the maximum lot size is 80.18 acres, the median is 1.48 acres.

 

Two Bedrooms Home

Currently, there are no two-bedroom existing detached homes on the market for sale in New Market. 

Currently, there is 1 two-bedroom existing detached home under some form of contract in New Market, Md.   The last known list prices of this home is $334,900 and has been on the market for approaching 2 months (53 days).

In the last 30 days, no two-bedroom existing detached home in New Market has successfully completed the sales process.

 

Three Bedrooms Home

There are 8 three-bedroom existing detached homes in New Market on the market for sale at this time. These homes range in price from a low of $280,000 to $415,000, with the median price being $300,000.  The days on market for these homes ranges from 1 week (4 days) to 6 months (174 days) with the median being 2 months (54 days).

There are 9 three-bedroom detached homes in New Market that are under some form of contract.  The last known list price of these homes ranged from $269,000 to $575,000, with the median being $339,900.  The days on market for these homes ranges from new to the market (1 day) to 5 months (153 days) with the median approaching 2 weeks (10 days). 

In the last 30 days, 2 three-bedroom detached homes in New Market have successfully completed the sales process. The closing price of these homes being $281,000 after being on the market for approaching 4 months (117 days) and $339,000 being on the market for approaching 1 month (26 days).

.

Four Bedroom Homes

There is another 18 four-bedroom existing detached homes in New Market on the market for sale. These homes range in price from a low of $299,900 to $774,999, with the median being $464,900.  The days on the market for these homes ranges from approaching 3 weeks (17 day) to 1 year (376 days) with the median being 3 months (93 days).

There are 19 four-bedroom detached homes in New Market that are under some form of contract.  The last known list price of these homes ranged from $349,900 to $700.000, with the median being $439,900.  The days on market for these homes ranged from new to the market (1 day) to approaching 6 months (175 days) with the median approaching 1 month (27 days).

In the last 30 days, 4 four-bedroom existing detached homes in New Market have successfully completed the sales process. The closing price of these homes ranged from $329,900 to $595,000, with the median being $415,000.  The days on market for these homes ranged from 1 week (6 days) to 6 months (181 days) with the median being 2 months (63 days).

 

Five Bedroom Homes

There are 3 five-bedroom detached homes in New Market on the market for sale. The current list price of these home ranges from a low of $454,900 to $599,900, with the median being $535,000.  The days on market for these homes ranges from 1 week ( 7 days) to 1 month (33 days) with the median approaching 1 month (27 days).

There are 5 five-bedroom detached homes in New Market that are under some form of contract at this time.  The last known price of these home ranges from a low of $275,000 to $615,000, with the median being $384,000.  The days on market for these homes ranges from 3.5 months (102 days) to 7.5 months (222 days) with the median being 5 months (146 days).

In the last 30 days, 1 five-bedroom existing detached home in New Market has successfully completed the sales process.   The closing price of this home being $630,000 after being on the market for 3 weeks.

 

If you have any questions about this report, please contact me.  I look forward to helping you with your real estate needs.  Similar posts can be found on my blog talking about townhouses in New Market and homes in the surrounding area as well.

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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