Today's View - July 17, 2018 - New Market, Md. townhouses

By
Real Estate Agent with Weichert Realtor - New Colony MD581725

Today’s View – July 17, 2018 – New Market, Md. 21754 – Existing Townhouses

This is a market report for existing townhouse in New Market, Md. 21754.  At the time of this report (7/17/2018) 7 townhouse are on the market FOR SALE, another 4 under contract, and 6 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 1.33 which is considered a seller’s market

 

Two Bedroom Townhouses

There is at the time of this report no two-bedroom townhouses currently on the market for sale in New Market.  There is 1 two-bedroom currently under some form of contract.  The last known list price of this home is $209,900 and had been on the market for 1 week (7 days). No, two-bedroom townhouse has successfully completed the sale process in the last 30 days.

 

Three Bedrooms Townhouses

There are 3 three-bedroom existing townhouses in New Market currently on the market for sale. These homes range in price for $399,900 to $457,000 with the median being $435,900.  The days on market for these homes ranges from 1 month (32 days) to 4 months (124 days), with the median approaching 3 months (87 days).

There are 2 three-bedroom townhouses in New Market that are under some form of contract.  The last known list price of these homes ranges being $247,000 after being on the market for approaching 2 weeks (11 days) and $449,900 after being on the market for approaching 2 months (52 days).

In the last 30 days, 5 three-bedroom townhouses in New Market have successfully completed the sales process. The closing price of these homes ranged from $242,900 to $428,000; with the median being $280,000.  The days on market for these homes ranged from approaching a week (3 days) to approaching 3 months (84 days) with the median being 1 week (10 days).

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Four Bedroom Townhouses

There are 5 four-bedroom existing townhouses in New Market currently on the market for sale. These homes range in price for $335,000 to $439,900 with the median being $424,999.  The days on market for these homes ranges from 1 week (10 days) to 1.5 months (47 days), with the median approaching 1 month (25 days).

There is 1 four-bedroom townhouse in New Market under some form of contact.  The last known list price of this home is $345,000 after being on the market for 1 week (10 days). 

In the last 30 days, 1 four-bedroom townhouse has successfully completed the sales process.  This home sold for $285,000 after being on the market for less than a week (4 days).

 

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 and detached homes 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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Topic:
Real Estate Market Trends
Location:
Maryland Frederick County New Market
Groups:
1st Time Buyers
The Ninety-ninth Percentile
2018 Market Reports
Tags:
new market
townhouses
july 2018

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