Upper Marlboro MD zip code 20774 Real Estate Market Report-March 2018

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Real Estate Agent with Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC SP98364271

                          Upper Marlboro MD zip code 20774 Real Estate Market Report-March 2018

17807 CLAGGETT LANDING RD, UPPER MARLBORO, MD  20774. Upper Marlboro MD ZIP CODE 20774 House for sale

17807 CLAGGETT LANDING RD, UPPER MARLBORO, MD  20774. This 6 bedrooms,7.5 baths with a basement custom estate has high end amenities.You will love this private location! Beautiful kitchen w/ s.s. appliances & granite, over-sized garage, in-law suite w/ kitchen, laundry on 3 levels, main level office, hardwoods throughout. Contractor's Dream! Separate driveway to 5000 sq ft barn and 3 bay detached garage w/ ample parking. This Luxury Upper Marlboro MD Single Family house

 

Here is the Upper Marlboro MD zip code 20774 Real Estate Market Report-March 2018

Upper Marlboro MD zip code 20774 Real Estate Market Report -March 2018

 

  • Average sold price of a Upper Marlboro MD zip code 20774 was $326,133 in March 2018. That is up 4.60% compared to March 2017 when the average sold price of a Upper Marlboro MD House for sale in the 20774 zip code was $311,177.
  • 62 Upper Marlboro MD zip code 20774 Houses sold in March 2018 compared to March 2017 when 64 Upper Marlboro MD zip code 20774 Houses sold.
  • Average days on the market of a Upper Marlboro MD House zip code 20774 SOLD was 34 days. That is 42.37% better than March 2017 when the average days on the market of a Upper Marlboro MD zip code 20774 House sold was 59 days.
  • Average list price for Upper Marlboro MD zip code 20774 House sold was $331,837. That is 4.70% more than March 2017 when Upper Marlboro MD zip code 20774 House sold was $316,942.
  • Average selling price to original list price of a Upper Marlboro MD zip code 20774 House SOLD was 99.3% in March 2018. That is 2.74% better than March 2017 when the Average selling price to original list price of a Upper Marlboro MD 20774 zip code was 96.6% 
  • 25 out of the 62 Houses for sale in Upper Marlboro MD zip code 20774 that were SOLD in March 2018 were purchased with a Conventional Loan.
  • 15 out of the 62 Houses for sale in Upper Marlboro MD 20774 zip code that were SOLD in March 2018 were purchased with a FHA Loan.
  • 8 out of the 62 Upper Marlboro MD zip code 20774 Houses Sold in March 2018 were purchased with a VA Loan.
  • 8 out of the 62 Upper Marlboro MD 20774 zip code Houses sold in March 2018 were purchased with a other kind of loan.
  • 6 out of the 62 Houses for sale in zip code 20774 Upper Marlboro MD sold in March 2018 were purchased with CASH.
  • 55 out of the 62 Houses for sale in the zip code 20774 Upper Marlboro MD were sold in 90 days or less.
  • 51 out of the 62 Houses for sale in 20774 zip code Upper Marlboro MD were sold in 60 days or less.
  • 42 out of the 62 Houses for sale in Upper Marlboro MD zip code 20774 were sold in 30 days or less.

What should Upper Marlboro MD first time home buyers and sellers should take away from this blog? 

  • Kind of Financing (Mortgages) 

    According to an CNN Money article is 2018 the year to buy a house? it said "Sellers will remain in the driver's seat as buyers continue to face affordability issues thanks to low housing supply.

    "The challenges for home buyers in the market haven't changed that much from last year" said Keith Gumbinger, vice president of mortgage website HSH.com.

    And according to this Upper Marlboro MD zip code 20774 Local Real Estate Market Report many first time home buyers are now using a Conventional Loan to purchase a house as opposed to a FHA Loan to improve their chances of beating out their competitors and buy the house of their dreams.

  • Average days on the market. If you find a house in your price range and on a 1-10,you rate the house a 7 or higher,As a Real Estate Professional who have some home buyer clients that are experiencing difficulty finding their house that doesn't check all the boxes on their wish list,my advice would be to submit an offer right away. Why? A house you like today might be gone before the next day. So if you see a house you like,don't sleep on it. SUBMIT A VERY STRONG OFFER that would make the home owner accept your offer.

Please read this blog on another area in Upper Marlboro MD

Upper Marlboro MD zip code 20772 Local Real Estate Market Report-March 2018

 

And if you know anyone who is looking to buy and/or sale a house in either Upper Marlboro MD,Prince Georges County MD and it's surrounding areas including Washington DC,I would love to be your Exclusive Real Estate Professional. You can call or text me at 202-378-0283. Or send me an email to DChomesforsale@gmail.com#UpperMarlboro  #UpperMarlboroMD  #UpperMarylandMDHouse  #UpperMarylandMDHouseforsale #UpperMarylandMDzipcode20774 #UpperMarlboroMDHousesforsale #JustSoldinUpperMarlboroMD #JustSoldinUpperMarlboroMD20774

 

 

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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Glad to see Lanre-"THE REAL ESTATE FARMER" Folayan  another market report

May 03, 2018 10:07 AM #1
Rainmaker
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Michele Cadogan-Cell 917-861-9166
Fillmore Real Estate 2926 Ave J Brooklyn NY 11210 - Brooklyn, NY
Licensed Real Estate Associate Broker -

Good real estate market information of the Upper Marlboro Maryland region to share with residents or someone ready to relocate to the area that you have provides  

May 03, 2018 01:29 PM #2
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Rainmaker
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Lanre-"THE REAL ESTATE FARMER" Folayan

I don't make promises.I deliver results.SOLD HOMES
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