Today's View - Aug. 5, 2018 - New Market Md. townhouses

By
Real Estate Agent with Weichert Realtor - New Colony MD581725

Today’s View – Aug. 5, 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) 12 townhouse are on the market FOR SALE, none under contract, and 5 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 2.4 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 and none under any form of contract. There is 1 two-bedroom that has successfully completed the sales process in the last 30 days.  This home sold for $215,00 and had been on the market for 1 week (7 days).

 

Three Bedrooms Townhouses

There are 6 three-bedroom existing townhouses in New Market currently on the market for sale. These homes range in price for $250,000 to $457,000 with the median being $402,900.  The days on market for these homes ranges from 1 week (9 days) to approaching 5 months (143 days), with the median being 1 month (34 days).

There are no three-bedroom townhouses in New Market that are currently under some form of contract. 

In the last 30 days, 3 three-bedroom townhouses in New Market have successfully completed the sales process. The closing price of these homes ranged from $247,000 to $449,000; with the median being $280,000.  The days on market for these homes ranged from a week (9 days) to approaching 2 months (52 days) with the median being 1 week (11 days).

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Four Bedroom Townhouses

There are 6 four-bedroom existing townhouses in New Market currently on the market for sale. These homes range in price for $328,000 to $439,900 with the median being $409,900.  The days on market for these homes ranges from 1 month (29 days) to 6 months (188 days), with the median being 1.5 months (47 days).

There are no four-bedroom townhouse in New Market that are currently under any form of contact.   

In the last 30 days, 1 four-bedroom townhouse has successfully completed the sales process.  This home sold for $338,000 after being on the market for approaching 2 weeks (10 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.

Please ICE your cellphones!

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
Tags:
new market
townhouses

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Rainmaker
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June Piper-Brandon
The Traczyk Team at Remax New Beginnings - Baltimore, MD
Piecing Dreams One Home at a Time

This is very useful information for would be townhome buyer's and sellers in New Market.

Aug 05, 2018 09:28 PM #1
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Rainmaker
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Bob Force (REALTOR®)

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