Last Month October 2019, trends in Ijamsville, Md. detached homes

By
Real Estate Agent with Weichert Realtors - Aspen Hill MD581725

Last month – October 2019 in the Ijamsville, Md. detached home market.

 

A quick look at what has been happening last month in the Ijamsville, 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, 7 existing detached homes in Ijamsville, Md. successfully completed the sales process.  These homes sold for between $335,000 and $769,000 with the median being $540,000.  The days on market ranged from 1 week (9 days) to approaching 7 months (200 days) with the median being 1.5 months (47 days).  The median close price these homes was 99.25% of the last known list price.

Three of the sellers granted the buyers closing cost assistance.  This assistance ranged from $5,000 to $18,450 with the median being $14,500.

There were no REO sales in Ijamsville during the month and no short sales.

 

 

September 2019

During the month of September 2019, 4 existing detached homes in Ijamsville, Md. successfully completed the sales process.  These homes sold for between $405,000 and $525,000 with the median being $401,500.  The days on market ranged from 1 week (9 day) to 13 months (393 days) with the median being 2 months (62 days).  The median close price these homes was 99.5% of the last known list price.

Three of the sellers granted the buyers closing cost assistance.  This assistance ranged from $10,000 to $12,150 with the median being $10,000.

There were no REO sales in Ijamsville during the month and no short sales.

 

October 2019

During the month of October 2019, 5 existing detached homes in Ijamsville, Md. successfully completed the sales process.  These homes sold for between $310,000 and $595,000 with the median being $475,000.  The days on market ranged from new to the market (1 day) to approaching 1 month (26 days) with the median being 2 weeks (13 days).  The median close price these homes was 99.18% of the last known list price.

All 5 of the sellers granted the buyers closing cost assistance.  This assistance ranged from $1,940 to $17,850 the median being $13,000.

There was 1 REO sales in Ijamsville during the month and no short sales

 

 

If after reading this report if you have any questions, please reach out to me (call or email).  Looking forward to hearing from you.

Posted by

Robert J. Force
Weichert Realtors - Silver Spring / Aspen Hill
3816 International Dr        
Silver Spring, Md. 20906

            
(301) 237-2277  (c)
(301) 681-0550  (O)

Website

 

 

Hope this was of some value to you.

Please ICE your cellphones!

May this FORCE be with you

Comments (1)

Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your local market reports.

Nov 14, 2019 09:55 AM