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New Market, MD Real Estate News

By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (3/22  - 3/28/17) in New Market Md.  21774Last week (ending 3/28/17)  7 detached home in New Market Md. were added to the market for sale,  6 went under contract, 0 successfully completed the sales process, and 1 were added t the coming soon list. This brings the count to 47 on the market for sale, 33 under contract and 7 completing the sales process in the last 30 days.   There is a total of 5 with the coming soon status.Those on the market for sale range from $223,100 to $750,000, with the median being $449,900  The last known list price of those currently under some form of contract ranges from $199,000 to $785,000., with the median being $379,000.  Those completing the sales process in the last 30 days have sold between $272,000 and $438,000, with the median being $379,900...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last month (February 2017) in New Market, Md. existing detached homes.A quick look at what has been happening in New Market Md. existing detached homes market for January, 2017.  This report contains a summary starting with February 2016, then January 2017, and finally february 2017. During the month of February 2016, 14 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $206,000 and $560,865 with the median being $349,750.  These amounts where between 58.8% and 112.1% of the original list price of the homes, with the median being 98.1%.  Seller provided assistance with closing cost on 6 of these homes.  The assistance ranged from $$5,770 to $10,410 with the median being $8,540.  In this group of homes 2 were Bank Owned pro...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – February 16, 2017 – New Market, Md. 21774 – Townhouses This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (2/16/17) there are 5 such homes on the market FOR SALE, another 7 under contract, and 3 that have successfully completed the sales process in the last 30 days. Thus the absorption rate (5/3) shows a 1.67 months inventory, what is to be considered a sellers market.  Three BedroomsThere are 4 5-bedroom townhouses in New Market, Md. on the market for sale at the time of this report.  The current list price of these homes ranges from $214.900 to $428,530; with the median being $276,898.  The days on market for these homes ranges from 1 week (6 days ) to 5.5 months (168 days); with the median being 2.5 months (41 days).There are 6...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – January 30, 2017 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 (1/30/17) not including new construction there are 32 such homes on the market FOR SALE, another 24 under contract, and 10 that have sold in the last 30 days. Thus the absorption rate (32.10) shows a 3.2 months inventory, which is considered a sellers market.These homes are located on between .12 acres and 55.49 acres of ground with the average being 1.41 acres and median being .23 Two BedroomsThere is at the time of this report 1 two-bedroom existing detached home on the market for sale.  This home is currently list for $282000 and has been on the market for 1 month (36 days).Currently there is 1 two-bedroom exi...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – February 16, 2017 – New Market, Md. 21774 – Townhouses This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (2/16/17) there are 5 such homes on the market FOR SALE, another 6 under contract, and 2 that have successfully completed the sales process in the last 30 days. Thus the absorption rate (5/2) shows a 2.5 months inventory, what is to be considered a sellers market.  Three BedroomsThere are 4 three-bedroom townhouses in New Market, Md. on the market for sale at the time of this report.  The current list price of these homes ranges from $219.900 to $428,530; with the median being $345,945.  The days on market for these homes ranges from new to the market (1 day ) to 5 months (156 days); with the median being 2 months (67 days).Th...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Monthly Summary - January 2017 - New Market, Md. detached homes. A quick look at what has been happening in New Market Md. existing detached homes market for January, 2017.  This report contains a summary starting with January 2016, then December 2016, and finally January 2017. During the month of January 2016, 5 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $299,900 and $544,900 with the median being $406,500.  These amounts where between 95.7% and 114% of the original list price of the homes, with the median being 100%.  Seller provided assistance with closing cost on 4 of these homes.  The assistance ranged from $1,500 to $5,998, with the median being $5,000.  In this group of homes 0 were Bank Owned properties Duri...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (1/27  - 2/5/17) in New Market Md.  21774Last week (ending 2/5/17)  4 detached home in New Market Md. were added to the market for sale,  2 went under contract, 3 successfully completed the sales process, and 0 were added t the coming soon list. This brings the count to 35 on the market for sale, 11 under contract and 12 completing the sales process in the last 30 days.   There is a total of 1 with a coming soon status.Those still on the market for sale range from $233,000 to $695,000.  The last known list price of those currently under some form of contract ranges from $199,000 to $1,100,000.  Those completing the sales process in the last 30 days have sold between $260,000 and $650,000, with the median being $381.250.  This report covers only detached home in New Market, if ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Feb 02, 2017 – New Market, Md. 21774 – Townhouses This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (2/02/17) there are 6 such homes on the market FOR SALE, another 3 under contract, and 2 that have successfully completed the sales process in the last 30 days. Thus the absorption rate (6/2) shows a 3 months inventory, what is to be considered a normal market. Three BedroomsThere are 5 three-bedroom townhouses in New Market, Md. on the market for sale at the time of this report.  The current list price of these homes ranges from $234,900 to $439,900; with the median being $276,899.  The days on market for these homes ranges from 2 weeks (15 days ) to approaching 5 months (143 days); with the median being 3 months (90 days).There a...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – January 30, 2017 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 (1/30/17) not including new construction there are 33 such homes on the market FOR SALE, another 13 under contract, and 12 that have sold in the last 30 days. Thus the absorption rate (33/12) shows a 2.75 months inventory, which is considered a sellers market.These homes are located on between .12 acres and 55.49 acres of ground with the average being 1.49 acres and median being .23 Two BedroomsThere is at the time of this report 1 two-bedroom existing detached home on the market for sale,  This home is currently list for $282000 and has been on the market for 1 week (7 days).Currently there is 1 two-bedroom exis...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – January 20, 2017 , – New Market, Md. 21774 – Townhouses This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (1/20/17) there are 6 such homes on the market FOR SALE, another 4 under contract, and 2 that have successfully completed the sales process in the last 30 days. Thus the absorption rate (6/2) shows a 3 months inventory, what is to be considered a normal market. Three BedroomsThere are 5 three-bedroom townhouses in New Market, Md. on the market for sale at the time of this report.  The current list price of these homes ranges from $234,900 to $439,900;  with the median being $277,000.  The days on market for these homes ranges from new to the market (2 days ) to approaching 4.5 months (130 days); with the median being 2.5 mont...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (1/8  - 1/15/17) in New Market Md.  21774Last week (ending 1/15/17)  3 detached home in New Market Md. were added to the market for sale,  2 went under contract, 1 successfully completed the sales process, and 0 were added t the coming soon list. This brings the count to 30 on the market for sale, 18 under contract and 17 completing the sales process in the last 30 days.   There is a total of 0 with a coming soon status.Those still on the market for sale range from $216,000 to $699,000.  The last known list price of those currently under some form of contract ranges from $235,000 to $1,100,000.  Those completing the sales process in the last 30 days have sold between $220,851 and $650,000, with the median being $359,000.  This report covers only detached home in New Market, if...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – January 10, 2017 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 (1/10/17) not including new construction there are 31 such homes on the market FOR SALE, another 16 under contract, and 7 that have sold in the last 30 days. Thus the absorption rate (31/7) shows a 4.42 months inventory, which is considered a normal market.These homes are located on between .12 acres and 55.49 acres of ground with the average being 1.52 acres and median being .23 Two BedroomsThere is at the time of this report 1 two-bedroom existing detached home on the market for sale,  This home is currently list for $216,000 and has been on the market for approaching 6 months (181 days).Currently there are no ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (1/1  - 1/7/17) in New Market Md.  21774Last week (ending 1/7/17)  2 detached home in New Market Md. were added to the market for sale,  2 went under contract, 2 successfully completed the sales process, and 0 were added t the coming soon list. This brings the count to 31 on the market for sale, 17 under contract and 10 completing the sales process in the last 30 days.   There is a total of 0 with the coming soon status.Those still on the market for sale range from $216,000 to $699,000.  The last known list price of those currently under some form of contract ranges from $235,000 to $1,100,000.  Those completing the sales process in the last 30 days have sold between $220,851 and $482,500, with the median being $390,000. This report covers only detached home in New Market, if ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View –December 30, 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 (12/30/16) not including new construction there are 35 such homes on the market FOR SALE, another 16 under contract, and 10 that have sold in the last 30 days. Thus the absorption rate (35/10) shows a 1.6 months inventory, which is considered a sellers market.These homes are located on between .12 acres and 55.49 acres of ground with the average being 1.40 acres and median being .23 Two BedroomsThere is at the time of this report 1 two-bedroom existing detached home on the market for sale,  This home is currently list for $216,000 and has been on the market for approaching 6 months (179 days).Currently there are ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – December 28, 2016 – New Market Md. RentalsThis is a market report on residential rentals in New Market, Md. 21774. New Market is community located along Route 70 west of Baltimore and east of Frederick.  At the time of this report (12/28/16) there are a total of 10 such homes on the market FOR RENT, none with applications waiting on landlord decision, and 4 that have completed the process in the last 30 days.  Two BedroomsCurrently there is one two-bedroom places on the market for rent.  This home is currently list for $1,500 and has been on the market for 3 weeks (23 days). There are no two-bedroom rental applications waiting on a landlord decision and none that have successfully completed the process in the last 30 days. Three bedroomsCurrently, there are 6 three-bedroo...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – December 27, 2016 – New Market, Md. 21774 – Townhouses This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (12/27/2016) there are 7 such homes on the market FOR SALE, another 1 under contract, and 3 that have successfully completed the sales process in the last 30 days. Thus the absorption rate (7/3) shows a 2.33 months inventory, what is to be considered a sellers market. Three BedroomsThere are 6 three-bedroom townhouses in New Market, Md. on the market for sale at the time of this report.  The current list price of these homes ranges from $215,932 to $450,475; with the median being $308,500.  The days on market for these homes ranges from 2 weeks (13 days ) to 10 months (292 days); with the median being 3 months (91 days).There ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View –December 10, 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 (12/10/16) not including new construction there are 32 such homes on the market FOR SALE, another 20 under contract, and 20 that have sold in the last 30 days. Thus the absorption rate (32/20) shows a 1.6 months inventory, which is considered a sellers market.These homes are located on between .12 acres and 55.49 acres of ground with the average being 1.23 acres.   One BedroomWhile there is no one-bedroom existing detached homes in New Market currently on the market for sale, none under any form of contract, there is 1 that has successfully completed the sales process in the last 30 days.  This home sold for $226...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – December 10, 2016 – New Market, Md. 21774 – Townhouses This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (12/10/2016) there are 7 such homes on the market FOR SALE, another 1 under contract, and 3 that have successfully completed the sales process in the last 30 days. Thus the absorption rate (7/3) shows a 2.33 months inventory, what is to be considered a sellersl market. Three BedroomsThere are 6 three-bedroom townhouses in New Market, Md. on the market for sale at the time of this report.  The current list price of these homes ranges from $234,000 to $450,475; with the median being $320,950.  The days on market for these homes ranges from 1 month (36 days ) to 9 months (275 days); with the median being 3 months (89 days).There ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – November 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 (11/17/16) not including new construction there are 40 such homes on the market FOR SALE, another 10 under contract, and 12 that have sold in the last 30 days. Thus the absorption rate (40/12) shows a 3.33 months inventory, which is considered a sellers market.These homes are located on between .12 acres and 55.49 acres of ground with the average being 1.19 acres.   Two BedroomsAt the time of this report there is 1 two-bedroom existing detached homes on the market for sale.  This home is currently listed at $216,000 and has been on the market for 4.5 months (133 days).There is at the time of this report, no two-...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – November 7, 2016 – New Market, Md. 21774 – Townhouses This is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (11/7/2016) there are 9 such homes on the market FOR SALE, another 3 under contract, and 2 that have successfully completed the sales process in the last 30 days. Thus the absorption rate (9/2) shows a 4,5 month inventory, what is to be considered a normal market. Three BedroomsThere are 8 three-bedroom townhouses in New Market, Md. on the market for sale at the time of this report.  The current list price of these homes ranges from $194,900 to $450,475; with the median being $281,950.  The days on market for these homes ranges from new to the market (3 days ) to 8 months (242 days); with the median being 1.5 months (43 days).T...
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