Today’s View – Jan 29, 2023 – New Market, Md. 21770 – Existing Townhouses
This is a market report for existing townhouses in New Market, Md. 21770. At the time of this report (9/29/22) 3 such homes are on the market FOR SALE, another 6 are under contract, and 2 have sold in the last 30 days. The absorption rate (Active/30 day sold) is 1.5 which is considered a seller’s market.
Of those active, 2 came to market in the last week. Of those under contact, none went under contract last week, and 1 of those that sold completed the process last week. There is 1 additional townhouse that have a status of coming soon.
Two Bedroom Homes
There are no two-bedroom townhouses in New Market currently on the market for sale.
There is 1 two-bedroom townhouse in New Market currently under contract. The last known list price of this home is $225,000 after being on the market for 3 days.
In the last 30 days, no two-bedroom townhouse in New Market has successfully completed the sales process.
Three Bedrooms Homes
There are 3 three-bedroom townhouses in New Market currently on the market for sale. These homes range in price from $420,000 to $467,000, with the median being $467,000. The days on market range from new to the market (2 days) to approaching 2 months (51 days), with the median being 1 week (7 days).
There are 4 three-bedroom townhouses in New Market that are under contract. The last known list price of these homes ranges from $324,900 to $525,000, with the median being $417,450. The days on market for these homes ranges from new to the market (2 days) to approaching 3 weeks (19 days) with the median approaching 1 week (4 days).
In the last 30 days, 2 three-bedroom townhouses in New Market have successfully completed the sales process. The closing price of these homes ranged from $430,000 after being on the market for 4 months (128 days) to $485,000 after being on the market for 2 months (61 days).
Four Bedroom Homes
There are no four-bedroom townhouses on the market for sale in New Market.
There is 1 four-bedroom townhouse in New Market that are currently under contract. The last known list price of these home is $415,000 after being on the market for 10 days.
In the last 30 days, no four-bedroom townhouses in New Market have successfully completed the sales process.
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 in Mount Airy and homes in the surrounding area as well.
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