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New Market, MD Real Estate News

By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Feb 3, 2016 – New Market, Md. 21774 – TownhousesThis is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (2/3/2016) there are 9 such homes on the market FOR SALE, another 3 under contract, and 3 that has sold in the last 30 days.  Three BedroomsThere are 8 three-bedroom townhouses in New Market,  Md. on the market for sale.  The current list price of thses homes ranges from $209,900 to $414,237; with the median being $244,450.  The days on market for these homes ranges from 2 weeks (14 day) to 2.5 months (79 days); with the median being over 1 month (37 days).There are 3 three-bedroom townhouses in the area under some form of contract at the time of this report. The last known list price of these homes ranges from a low of $220,000 to $...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Jan 27, 2016 Detached homes – New Market Md.This is a market report on existing detached homes in New Market, Md. 21774 for sale.  At the time of this report (1/27/16) not including new construction there are 26 such homes on the market FOR SALE, another 29 under contract, and 9 that have sold in the last 30 days. Thus the absorption rate (26/9) shows a 2.8 month inventory, which is considered a sellers market.These homes are located on between .05 acres and 55.49 acres of ground with the average being 1.21 acres.   Two BedroomsAt the time of this report there are no two-bedroom existing detached homes on the market for sale and none that have successfully completed the sales process in the last 30 days.There is 1 two-bedroom existing detached home under some form of cont...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Jan 21, 2016 – New Market, Md. 21774 – TownhousesThis is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (1/21/2016) there are 8 such homes on the market FOR SALE, another 6 under contract, and 0 that has sold in the last 30 days.  Three BedroomsThere are 8 three-bedroom townhouses in New Market,  Md. on the market for sale.  The current list price of thses homes ranges from $209,900 to $414,237; with the median being 4247,500.  The days on market for these homes ranges from new to the marker (1 day) to 2 months (65 days); with the median being 3 weeks (23 days).There are 6 three-bedroom townhouses in the area under some form of contract at the time of this report. The last known list price of these homes ranges from a low of $199,900 ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (1/12 – 1/18/16) in New Market Md.  21774Last week (ending 1/18/16) 3 existing detached homes in New Market Md. zip code were added to the market for sale, 3 went under contract, and 1 completed the sales process. This brings the count to 34 on the market for sale, 23 under contract and 10 completing the sales process in the last 30 days.  This is an absorption rate (34/10) of 3.4, which is considered a normal market.Those still on the market for sale range from $199,900 to $1,250,000.  The last known list price of those currently under some form of contract ranges from $199,900 to $824,900.  Those that did complete the sales process in the last 30 days have sold between $294,900 and $555,900.  This report only covers existing detached homes in the New Market zip code.  If tow...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Jan 17, 2016 Detached homes – New Market Md.This is a market report on existing detached homes in New Market, Md. 21774 for sale.  At the time of this report (1/17/16) not including new construction there are 35 such homes on the market FOR SALE, another 22 under contract, and 10 that have sold in the last 30 days. Thus the absorption rate (35/10) shows a 3.5 month inventory, which is considered a normal market.These homes are located on between .05 acres and 55.49 acres of ground with the average being 1.16 acres.   Two BedroomsAt the time of this report there is 1 two-bedroom detached homes on the market for sale in New Market, Md.   This home is currently listed for $199,900 and has been on the market for 3.5 months (104 days). There are no two-bedroom detached homes c...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last Month - December 2015 - New Market, Md. detached homess A quick look at what has been happening in New Market Md. existing detached homes market for December 2015.  This report contains a summary starting with December 2014, then November 2015, and finally December 2015.During the month of December 2014, 14 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $187,000 and $599,900 with the median being $394,450.  These amounts where between 85.0% and 110.7% of the original list price of the homes, with the median being 100%.  Seller provided assistance with closing cost on 10 of these homes.  The assistance ranged from $4000 to $15,570 with the median being $8068.  In this group of homes, 2 where Bank Owned propertiesDur...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Jan 10, 2016 – New Market, Md. 21774 – TownhousesThis is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (1/10/2016) there are 4 such homes on the market FOR SALE, another 6 under contract, and 4 that has sold in the last 30 days. Thus the absorption rate (4/5) shows a less than 1 month inventory, clearly a sellers market. Three BedroomsThere are no three-bedroom townhouses in New Market,  Md. on the market for sale, none under any form of contract, and none that have successfully completed the sales process in the last 30 days..Four BedroomsCurrently, there are 4 four-bedroom townhouses in this area on the market for sale. These homes range in price from a low of $220,000 to $269,900 with the median being $238,000.  The days on market...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Jan 8, 2016 Detached homes – New Market Md.This is a market report on existing detached homes in New Market, Md. 21774 for sale.  At the time of this report (1/8/16) not including new construction there are 33 such homes on the market FOR SALE, another 23 under contract, and 16 that have sold in the last 30 days. Thus the absorption rate (33/16) shows a 4 month inventory, which is considered sellers market.These homes are located on between .05 acres and 55.49 acres of ground with the average being 1.1 acres.   Two BedroomsAt the time of this report there is 1 two-bedroom detached homes on the market for sale in New Market, Md.   This home is currently listed for $199,900 and has been on the market for 3 months (95 days). There are no two-bedroom detached homes currently ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – December 30, 2015 – New Market, Md. 21774 – TownhousesThis is a market report for Townhouses in the New Market, Md. 21774 zip code.  At the time of this report (12/30/2015) there are 7 such homes on the market FOR SALE, another 4 under contract, and 5 that has sold in the last 30 days. Thus the absorption rate (7/5) shows a 1.4 month inventory, which is considered to be a sellers market. Two BedroomsThere are no two-bedroom townhouses in New Market, Md. on the market for sale, none that are under any contract at this time, and none that have successful completed the sales process in the last 30 days. Three BedroomsThere are 7 three-bedroom townhouses in this area on the market for sale. These homes range in price from a low of $219,900 to $384,900 with the median being $2...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Dec. 26, 2015 Detached homes – New Market Md.This is a market report on existing detached homes in New Market, Md. 21774 for sale.  At the time of this report (12/26/2015) not including new construction there are 39 such homes on the market FOR SALE, another 23 under contract, and 10 that have sold in the last 30 days. Thus the absorption rate (39/10) shows a 3.9 month inventory, which is considered normal market. Two BedroomsAt the time of this report there is 1 two-bedroom detached homes on the market for sale in New Market, Md.   This home is currently listed for $225,000 and has been on the market approaching 3 months (82 days). There are no two-bedroom detached homes currently under contract at this time. No two-bedroom detached home has successfully process in the l...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – December 14, 2015 – New Market, Md. 21774 – TownhousesThis is a market report for Townhouses in the New Market, Md. 21774 zip code.  At the time of this report (12/14/2015) there are 8 such homes on the market FOR SALE, another 5 under contract, and 3 that has sold in the last 30 days. Thus the absorption rate (8/3) shows a 2.6 month inventory, which is considered to be a sellers market.Two BedroomsThere are no two-bedroom townhouses in New Market, Md. on the market for sale and none that are under any contract at this time.In the last 30 days, 1 two-bedroom townhouse in New Market has successfully completed the sales process.  This home sold for $223,900 after being on the market for 3 months (84 days). Three BedroomsThere are 8 three-bedroom townhouses in this area on t...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
A quick look at what has been happening in New Market Md. existing detached homes market for November 2015.  This report contains a summary starting with November 2014, then October 2015, and finally November 2015. During the month of November 2014, 14 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $209,000 and $1,500,000 with the median being $358,500.  These amounts where between 86.2% and 110% of the original list price of the homes, with the median being 93.7%.  Seller provided assistance with closing cost on 9 of these homes.  The assistance ranged from $3,500 to $22,000 with the median being $9,000.  In this group of homes, 3 were Bank Owned. The median days on market from initial list to contract acceptance was a...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Dec. 03, 2015 Detached homes – New Market Md.This is a market report on existing detached homes in New Market, Md. 21774 for sale.  At the time of this report (12/03/2015) not including new construction there are 36 such homes on the market FOR SALE, another 31 under contract, and 8 that have sold in the last 30 days. Thus the absorption rate (36/8) shows a 4.5 month inventory, which is considered normal market. Two BedroomsAt the time of this report there is 1 two-bedroom detached homes on the market for sale in New Market, Md.   This home is currently listed for $225,000 and has been on the market for 2 months (59 days). There are no two-bedroom detached homes currently under contract at this time. No two-bedroom detached home has successfully process in the last 30 day...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (11/16 – 11/123/2015)  in New Market Md.  Townhouses 21774During last week ending on November 23, 2015, 2 Townhouses in New Market was added to the market, 0 went under some form of contract, and 1 completed the sales process.  This brings the count to 10 Townhouses on the market for sale, 5 home under contract and 4 that completing the sales process in the last 30 days. Those on the market for sale range in list price from $199,900 to $384,900. Those under contract where last listed from $199,900 to $279,900.   Those that have completed the sale process in the last thirty days did so for between $223,900 and $289,900.If you have any questions about this report, information on existing detached home, or wanting to discuss the possibility of moving into the community or selling...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (11/16 – 11/23/15) in New Market Md.  21774Last week (ending 11/23/2015) 2 existing detached homes in New Market Md. zip code were added to the market for sale, 3 went under contract, and 4 completed the sales process. This brings the count to 43 on the market for sale, 27 under contract and 15 completing the sales process in the last 30 days.  This is an absorption rate (43/115) of 2.87, which is considered a sellers market.Those still on the market for sale range from $199,500 to $1,250,000.  The last known list price of those currently under some form of contract ranges from $229,000 to $824,900.  Those that did complete the sales process in the last 30 days have sold between $175,000 and $527,900.  This report only covers existing detached homes in the New Market zip code....
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Nov. 17, 2015 Detached homes – New Market Md.This is a market report on existing detached homes in New Market, Md. 21774 for sale.  At the time of this report (11/17/2015) not including new construction there are 43 such homes on the market FOR SALE, another 30 under contract, and 14 that have sold in the last 30 days. Thus the absorption rate (50/14) shows a 3.07 month inventory, which is considered normal market. Two BedroomsAt the time of this report there is 1 two-bedroom detached homes on the market for sale in New Market, Md.   This home is currently listed for $225,000 and has been on the market for 1.5 months (44 days). There are no two-bedroom detached homes currently under contract at this time. No two-bedroom detached home has successfully process in the last 3...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last month in New Market Md. Detached homesA quick look at what has been happening in New Market Md. existing detached homes market for October 2015.  This report contains a summary starting withOctober 2014, then September 2015, and finally October 2015. During the month of September 2014, 14 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $299,900 and $590,000 with the median being $355,000.  These amounts where between 93.4% and 101.8% of the original list price of the homes, with the median being 98.3%.  Seller provided assistance with closing cost on 9 of these homes.  The assistance ranged from $2,000 to $10,650 with the median being $8,340.  In this group of homes, none were Bank Owned. The median days on market f...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – October 27, 2015 – New Market, Md. 21774 – TownhousesThis is a market report for Townhouses in the New Market, Md. 21774 zip code.  At the time of this report (10/27/2015) there are 8 such homes on the market FOR SALE, another 8 under contract, and 2 that has sold in the last 30 days. Thus the absorption rate (8/2) shows a 4 month inventory, which is considered to be a normal market. Two BedroomsThere are no two-bedroom townhouses in New Market, Md. on the market for sale and none that have successfully completed the sales process in the last 30 days.There is 1 two-bedroom townhouse in New Market, Md. at the time of this report that is under contract.  The last known list price of this home is $224,000 and it was on the market for approaching 3 months (84 days). Three Bed...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Oct 27, 2015 Detached homes – New Market Md. This is a market report on Detached Homes in New Market, Md. 21774 for sale.  At the time of this report (10/272015) not including new construction there are 50 such homes on the market FOR SALE, another 32 under contract, and 14 that have sold in the last 30 days. Thus the absorption rate (50/14) shows a 3.57 month inventory, which is considered normal market. Two BedroomsAt the time of this report there is 1 two-bedroom detached homes on the market for sale in New Market, Md.   This home is currently listed for $240,000 and has been on the market for 3 weeks (22 days). There are no two-bedroom detached homes currently under contract at this time. There is 1 two-bedroom detached home that has successfully process in the last 3...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (10/13 – 10/19/2015)  in New Market Md.  Townhouses 21774During last week ending on September 19, 2015, 1 Townhouses in New Market was added to the market, 1 went under some form of contract, and 1 completed the sales process.  This brings the count to 8 Townhouses on the market for sale, 7 home under contract and 4 that completing the sales process in the last 30 days. Those on the market for sale range in list price from $211,185 to $384,900. Those under contract where last listed from $224,900 to $289,900.   Those that have completed the sale process in the last thirty days did so for between $225,000 and $289,900.If you have any questions about this report, information on existing detached home, or wanting to discuss the possibility of moving into the community or selling ...
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