Today's View - Dec. 06, 2019 - Existing townhouses in New Market, Md.

By
Real Estate Agent with Weichert - McKenna & Vane MD581725

Today’s View – Dec. 6, 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 (12/06/19) 3 townhouses are on the market FOR SALE, another 3 under contract, and 5 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is .6 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, none under any form of contract, and 1 that has successfully completed the sale process in the last 30 days.  This home sold for $246,300 after being on the market the for a week (8 days).

 

Three Bedrooms Townhouses

There is 1 three-bedroom existing townhouse in New Market on the market for sale at the time of this report. This home is currently listed for $280,000 after being on the market for 2 months (63 days).

There are 3 three-bedroom townhouses in New Market that are under some form of contract.  The last known list prices of these homes range from $229,900 to $258,000 with the median being $249,900.  The days on market for these homes range from approaching 1 week (4 day) to approaching 3 weeks (17 days), with the median approaching 1 week (5 days).

In the last 30 days, 4 three-bedroom townhouse in New Market has successfully completed the sales process. The closing price of these homes ranged from $240,000 to $291,500, with the median being $260,000.  The days on market for these homes ranged from approaching 2 weeks (10 days) to 2 months (57 days), with the median approaching 3 weeks (19 days).

.

Four Bedroom Townhouses

There are 2 four-bedroom existing townhouses in New Market on the market for sale at the time of this report. This home is currently listed for $314,900 after being on the market for 3 weeks (23 days) and $424,000 after being on the market for approaching 1.5 months (40 days).  

There is no four-bedroom townhouse in New Market under some form of contract at the time of this report. 

In the last 30 days, 1 four-bedroom townhouse in New Market has successfully completed the sale process in New Market.  This home sold for $405,000 after being on the market approaching 3 months (86 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

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Maryland Frederick County New Market
Groups:
1st Time Buyers
WEICHERT, REALTORS - New Colony
The Ninety-ninth Percentile
Tags:
new market
townhouses

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
297,425
Nicholas Crane
Woodland Companies - Cadott, WI
Managing & Appraising Forest Land

Thanks for sharing the information on this community, I hope you sell many of these homes. 

Nick

 

Dec 07, 2019 01:51 AM #1
Rainmaker
3,423,685
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bob. Interesting townhome market with offerings up to four bedrooms. Thanks for the update. Enjoy your day!

Dec 07, 2019 05:12 AM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
707,279

Bob Force (REALTOR®)

The FORCE in Maryland Real Estate
Looking for more information
*
*
*
*
Spam prevention