Last Month - Nov. 2018 - New Market, Md. detached homes

By
Real Estate Agent with Weichert - McKenna & Vane MD581725

Last month (Nov 2018) in New Market, Md. existing detached homes.

 

A quick look at what has been happening last month in New Market, Md. zip code existing detached homes market. This report contains a summary starting with November 2017, then October 2018, and finally November 2018.

 

November 2017

During the month of November 2017, 18 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $278,000 and $566,331 with the median being $415,000.  The days on market ranged from approaching 1 week (4 days) to 12.5 months (370 days) with the median approaching 2 months (53 days).  The median close price these homes was 99.4 % of the last known list price.

Thirteen sellers granted the buyers closing cost assistance.  This assistance ranged from $5,000 to $15,000.

There was 2 REO sales in New Market in November of 2017

 

 October 2018

During the month of October 2018, 11 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $245,000 and $624,774 with the median being $342,999.  The days on market ranged from new to the market (1 day) to 5 months (147 days) with the median being 1.5 months (41 days).  The median close price of these homes was 98.7 % of the last known list price.

Five sellers granted the buyers a subsidy at closing.  These subsidies ranged from $5,000 to $9,747.

There was no REO sale in New Market in October.

 

November 2018

During the month of November 2018, 16 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $230,000 and $625,000 with the median being $381,200.  The days on market ranged from 2 weeks (11 days) to 7.5 months (220 days) with the median being 3 months (96 days).  The median close price of these homes was 100 % of the last known list price.

Twelve sellers granted the buyers a subsidy at closing.  These subsidies ranged from $13 to $20,000.

There was 1 REO sale in New Market in November.

 

After reading this report, if any questions please give a call or send me an email.  Talk with you soon I hope.

 

May this FORCE be with you.

Posted by

Robert J. Force
Weichert Realtors - McKenna & Vane
108 E. Ridgeville Blvd           
Mount Airy, Md. 21771 

            
(301) 237-2277  (c)
(301) 703-8605  (O)

My Website

 

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
WEICHERT, REALTORS - New Colony
The Ninety-ninth Percentile
2018 Market Reports
Tags:
new market
detached homes

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