Today's View - June 17, 2020 - New Market, Md. existing townhouse market

Dated: 06/17/2020

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Today’s View – June 17, 2020  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 (6/17/2020), 2 townhouses are on the market FOR SALE, 8 are under contract, and 7 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is .28 which is considered a sellers’ market.

 

Two Bedroom Townhouses

While there are two bedroom townhouses in New Market, Md. There none currently on the market for sale, none under any form of contract and none that have sold in the last 30 days.

 

Three Bedrooms Townhouses

There are 2 three-bedroom existing townhouses in New Market on the market for sale at the time of this report. The currently listed price for these homes ranges from $365,000 after being on the market for 1 month (28 days) and $382,000 being on the market for 2 months (54 days).

There are also 6 three-bedroom townhouse in New Market under some form of contract at this time. The last known list price for these homes ranges from $252,900 to $310,000, with the median being $274,950.  The days on market for these homes ranges from new to the market (2 days) to approaching 3 months (80 days), with the median being 1 week (6 days).

In the last 30 days, 5 three-bedroom townhouse in New Market has successfully completed the sales process. These homes sold for between $257,750 and $307,500, with the median being $265,000.  The days on market ranged from new to the market (1 day) to approaching 1 week (5 days), with the median being under a week (3 days) as well.

 

Four Bedroom Townhouses

There are no four-bedroom existing townhouse in New Market on the market for sale at the time of this report.

There are currently 2 four-bedroom townhouse in New Market under some form of contract.  The last know list price of these homes being $335,000 after being on the market for a single day and $409,500 after being on the market for approaching 1 month (28 days).

In the last 30 days, 2 four-bedroom townhouse in New Market has successfully completed the sale process. These homes sold for between $372,500 after being on the market for 1 month (35 days) and $439,900 after being on the market for 1 month (35 days) as well.

 

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.

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Robert Force

Seasoned Realtor Allow me to introduce myself. I am Robert (Bob) J. Force a seasoned REALTOR® with Weichert - McKenna & Vane in Mount Airy, Md. I handle both Sales and Rentals in Frederick, Carro....

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