Today's View - March 31, 2020 - Frederick, Md. rentals

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Real Estate Agent with Weichert - McKenna & Vane MD581725

Today’s View – Mar 31, 2020 – Frederick, Md. Rentals

This is a market report for rental in the Frederick, Md. Zip codes.  This covers the rentals These rentals include detached homes, townhouses, and condo apartments.

 

 At the time of this report (3/31/2020),  64 places are on the market FOR RENT, another 23 applications accepted and waiting on leases being signed, and 70 have been rented in the last 30 days.

Of those active, 3 came to market in the last week. Of those under contact, 1 has had an application accepted last week, and 9 had a lease signed.

 

One Bedroom

There are 8 one-bedroom rentals on the market currently.  These places are currently on the market for between $925 and $1,500, with the median being $1,275.  The days on market range from 2 weeks (13 days) to approaching 2.5 months (68 days), with the median being 1.5 months (49 days).

There are 2 one-bedroom waiting on a lease being signed.  These places where last listed for $1,250 being on the market for 1 month (29 days) and $1,300 after being on the market for 1.5 months (44 days).

In the last 30 days, 5 one-bedroom places have successfully completed the process.  These places rented for between $90 and $1,275, with the median being $1,100. The days on market ranged from new to the market (3 days) to 3 months (94 days), with the median being 1 month (30 days).

 

Two Bedrooms Homes

There are 18 two-bedroom rentals on the market currently.  These places are currently on the market for between $985 and $2,300, with the median being $1,400.  The days on market range from 1 week (7 days) to approaching 7 months (201 days), with the median being 1 month (30 days).

There are 4 two-bedroom places waiting on a lease being signed.  The last known list price of these places ranges from $1,200 to $2,300, with the median being $1,350. The days on market ranges from 1 weeks (5 days) to 1 month (31 days), with the median being 2 weeks (13 days).

In the last 30 days, 16 two-bedroom places have successfully completed the process.  These places rented for between $1,100 and $2,500, with the median being $1,400. The days on market ranged from 1 week (6 days) to approaching 4 months (111 days), with the median being 2 weeks (15 days).

 

Three Bedrooms Homes

There are 24 three-bedroom rentals on the market currently.  These places are currently on the market for between $1,400 and $2,600, with the median being $1,900.  The days on market range from 1 week (6 days) to approaching 5 months (152 days), with the median being 1 month (27 days).

There are 10 three-bedroom places waiting on a lease being signed.  The last known list price of these places ranges from $1,300 to $2,300, with the median being $1,575. The days on market ranges from approaching 1 week (4 days) to 3 weeks (23 days), with the median approaching 2 weeks (11 days).

In the last 30 days, 35 three-bedroom places have successfully completed the process.  These places rented for between $1,350 and $2,350, with the median being $1,800. The days on market ranged from new to the market (1 day) to 4 months (125 days), with the median being 3 weeks (21 days).

 

Four Bedroom Homes

There are 13 four-bedroom rentals on the market currently.  These places are currently on the market for between $1,550 and $2800, with the median being $2,200.  The days on market range from approaching 1 week (4 days) to 2 months (65 days), with the median being 3 weeks (21 days).

There are 4 four-bedroom places waiting on a lease being signed.  The last known list price of these places ranges from $1,500 to $2,400, with the median being $2,300. The days on market ranges from 1 week (9 days) to 1 month (29 days), with the median being 2 weeks (12 days).

In the last 30 days, 14 four-bedroom places have successfully completed the process.  These places rented for between $1,550 and $2,850, with the median being $2,150. The days on market ranged from new to the market (1 day) to approaching 8 months (233 days), with the median being 3 weeks (21 days).

 

Five Bedroom Homes

There is 1 five-bedroom rental on the market currently.  This places is currently on the market for between $3,950 having been on the market for 2 weeks (11 days).

There are 3 five-bedroom places waiting on a lease being signed.  The last known list price of these places ranges from $2,500 to $3,000, with the median being $2,800. The days on market ranges from 2 weeks (14 days) to 4 months (125 days), with the median being 2 weeks (17 days).

In the past 30 days, no five-bedroom place has had a lease signed.

 

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 website talking about rental and sales in 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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Topic:
Real Estate Market Trends
Location:
Maryland Frederick County Frederick
Groups:
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WEICHERT, REALTORS - New Colony
The Ninety-ninth Percentile
2020 Market Reports
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