Today's View - May 18, 2021 - New Market, Md. existing detached homes.

Dated: May 18 2021

Views: 10

Today’s View – May 18, 2021  New Market, Md. 21774 – Detached Homes

This is a market report for existing detached homes in New Market, Md. 21774.  At the time of this report (5/18/2021) not including new construction 7 such homes are on the market FOR SALE, another 17 under contract, and 11 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is .28 which is considered a seller’s market.

While the minimum lot size is just .11 acres and the maximum lot size is 3.5 acres, the median is .24 acres.

 

Two Bedroom Homes

Currently, there is 1 two-bedroom existing detached homes in New Market on the market under contact. This home was lasted listed at $180,000 after being on the market for 5.5 months (163 days).

 

There are no two-bedroom existing detached homes in New Market currently on the market for sale or that have successfully completed the sales process in the last 30 days.

 

Three Bedrooms Homes

Currently, there are 4 three-bedroom existing detached homes in New Market on the market for sale.  These homes range in price from a low of $300,000 to $850,000 with the median price being $474,995.  The days on market for these homes ranges from approaching 1 week (5 days) to 4 months (120 days) with the median approaching 1.5 months (39 days).

 

There are 6 three-bedroom detached homes in New Market that are under some form of contract.   The last known list price of these homes ranged from $379,999 to $483,500 with the median being $392,450.  The days on market for these homes ranges new to the market (2 days) to approaching a week (5 days) with the median approaching a week (3 days). 

 

In the last 30 days, 10 three-bedroom detached homes in New Market have successfully completed the sales process.  The closing prices of these homes ranged from $265,000 to $640,000, with the median being $407,500.  The days on market for these homes ranged from new to the market (1 day) to 2 months (65 days) with the median being a week (5 days).

 

Four Bedroom Homes

There are 3 four-bedroom existing detached homes in New Market on the market for sale. These homes range in price from a low of $560,000 to $674,990, with the median being $674,990 as well.  The days on the market for these homes range from new to the market (5 days) to 3 months (89 days) with the median approaching 3 months (82 days).

 

There are 17 four-bedroom detached homes in New Market that are under some form of contract.  The last known list price of these homes ranged from $400,000 to $725,000, with the median being $575,000.  The days on market for these homes ranged from new to the market (1 day) to approaching 18 months (519 days) with the median being 1 week (6 days).

In the last 30 days, 11 four-bedroom existing detached homes in New Market have successfully completed the sales process. The closing price of these homes ranged from $378,000 to $675,000, with the median being $572,555.  The days on market for these homes ranged from new to the market (1 day) to 1 month (37 days) with the median being 1 week (6 days).

 

Five Bedroom Homes

Currently, there are no five-bedroom existing detached homes in New Market on the market for sale.

  

There are currently 9 five-bedroom detached homes in New Market that are under some form of contract.  The last known list price of these homes ranged from $410,000 to $825,000, with the median being $579,000.  The days on market for these homes ranged from new to the market (2 days) to approaching 1 month (25 days) with the median approaching 1 week (5 days).

 

In the last 30 days, 4 five-bedroom existing detached home in New Market have successfully completed the sales process.  The closing price of these homes ranged from $450,000 to $630,000, with the median being $559,050.  The days on market for these homes ranged from approaching a week (3 days) to 1 week (7 days) with the median approaching 1 week (5 days).

 

Six Bedroom Homes

Currently, there are no six-bedroom existing detached homes in New Market on the market for sale and none that have successfully complete the sales process in the last 30 days.

  

There are currently 3 six-bedroom detached homes in New Market that are under some form of contract.  The last known list price of these homes ranged from $590,000 to $925,000, with the median being $649,500.  The days on market for all of these homes nearly identical at approaching 1 week (4 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 in New Market and homes in 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 REALTORĀ® with Century 21 - Redwood Realty out of Frederick Md. I handle both Sales and Rentals in Frederick, C....

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