Today's View - Oct. 25, 2019 - New Market, Md. Townhouses

By
Real Estate Agent with Weichert - McKenna & Vane MD581725

Today’s View – Oct 25, 2019 – 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 (10/25/19) 6 townhouses are on the market FOR SALE, another 4 under contract, and 5 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 1.2 which is considered a seller’s market.

Of these homes only 2 come with any garage space.

 

Two Bedroom Townhouses

There are at this time no two-bedroom townhouses currently on the market for sale in New Market, one under form of contract, and none that have successfully completed the sale process in the last 30 days.  The last known list price of the home under contract is $244,000 and the home has been on the market for a week (8 days).

 

Three Bedrooms Townhouses

There are 4 three-bedroom existing townhouses in New Market on the market for sale at the time of tis report. These homes range in price for $259,000 to $285,000 with the median being $262,450.  The days on market for these homes range from new to the market (1 day) to 2 months (56 days), with the median being 2 weeks (15 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 being $240,000 after being on the market for 2 weeks (16 days) and $284,9000 after being on the market for 3 weeks (21 days).

In the last 30 days, 4 three-bedroom townhouses in New Market have successfully completed the sales process. The closing price of these homes ranged from $251,000 to $285,000; with the median being $266,302.  The days on market for these homes ranged from 2 weeks (15 days) to 1 month (34 days) with the median being 1 month (30 days).

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Four Bedroom Townhouses

There are 2 four-bedroom existing townhouses in New Market on the market for sale at the time if this report. These homes range in price from $329,900 after being on the market for 1 month (29 days) and $434,000 after being on the market for approaching 1.5 months (37 days).

There is 1 four-bedroom townhouse in New Market under some form of contract at the time of this report.  The last known list price of this home is $400,000 after being on the market for 3 months (89 days).

In the last 30 days, 1 four-bedroom townhouse in New Market has successfully completed the sale process in New Market, Md,  This home sold for $330,000 after being on the market for 2.5 months (79 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 - 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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Maryland Frederick County New Market
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WEICHERT, REALTORS - New Colony
The Ninety-ninth Percentile
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Rainmaker
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Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

 

Oct 27, 2019 09:17 PM #1
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Rainmaker
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Bob Force (REALTOR®)

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