Last month – October 2019 in the New Market, Md. detached home market.
A quick look at what has been happening last month in the New Market, Md. zip code existing detached homes market and a look at some history. This report covers statistics for three months starting with October 2018, then September 2019, and finally October 2019.
October 2018
During the month of October 2018, 16 detached homes in New Market, Md. have successfully completed the sales process. These homes sold for between $270,000 and $624,774 with the median being $450,368. The days on market ranged from new to the market (1 day) to approaching 13 months (371 days) with the median approaching 1.5 month (37 days). The median close price these homes was 99.7% of the last known list price.
Nine of the sellers granted the buyers closing cost assistance. This assistance ranged from $5,000 to $23,000 with the median being $5,000.
There were no REO or short sales during the month in New Market.
September 2019
During the month of September 2019, 19 detached homes in New Market, Md. have successfully completed the sales process. These homes sold for between $281,000 and $619,705 with the median being $449,990. The days on market ranged from new to the market (1 day) to approaching 19 months (564 days) with the median being 1.5 month (47 days). The median close price these homes was 99.9% of the last known list price.
Thirteen of the sellers granted the buyers closing cost assistance. This assistance ranged from $3,000 to $20,000 with the median being $10,500.
There were no REO or short sales during the month in New Market.
October 2019
During the month of October 2019, 19 detached homes in New Market, Md. have successfully completed the sales process. These homes sold for between $281,000 and $619,705 with the median being $449,990. The days on market ranged from new to the market (1 day) to approaching 19 months (564 days) with the median being 1.5 month (47 days). The median close price these homes was 100% of the last known list price.
Ten of the sellers granted the buyers closing cost assistance. This assistance ranged from $2,000 to $18,500 with the median being $5,750.
There were no REO or short sales during the month in New Market.
If after reading this report if you have any questions, please reach out to me (call or email). Looking forward to hearing from you.
