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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 – July 24, 2015 – Mount Airy, Md. 21771 – TownhousesThis is a market report for Townhouses in Mount Airy, Md. 21771.  At the time of this report (7/24/2015) there are 19 such homes on the market FOR SALE, another 8 under contract, and 5 that have sold in the last 30 days. Thus the absorption rate (19/5) shows a 3.8 month inventory, considered a normal market. Two BedroomsThere are no two-bedroom townhouses in this area on the market for sale or under contact at the time of this report. In the last 30 days, 1two-bedroom townhouse in the area has successfully completed the sales process. This homes sold for $197,000 after being on the market 1.5 months (46 days). Three BedroomsThere are 15 three-bedroom townhouses in this area on the market for sale. These homes range in pric...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – July 22, 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 (07/22/2015) not including new construction there are 57 such homes on the market FOR SALE, another 35 under contract, and 14 that have sold in the last 30 days. Thus the absorption rate (57/14) shows a 4.07 month inventory, which is considered normal market. Two BedroomsAt the time of this report there is 1 two-bedroom detached homes o the market for sale.   The current list price of this home is $325,000 and it has been on the market for 3 weeks (22 days).There are no two-bedroom detached home under some form of contract in New Market.   There are no two-bedroom detached homes has successfully process in the last 30 days. ...
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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.  This report contains a summary starting with June 2014, then May 2105, and finally June 2015. During the month of June 2014, 28 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $265,000 and $735,000 with the median being $396,000.  These amounts where between 76.6% and 100.03% of the last known list price of the homes, with the median being 97.9%.  Seller provided assistance with closing cost on 14 of these homes.  The assistance ranged from $4,000 to $12,200 with the median being $8,520.  In this group of homes, 2 were Bank Owned property.  The median days on market from initial list to contract acceptance was 21 days. During the m...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – July 06, 2015 – 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 (7/6//2015) there are a total of 7 such homes on the market FOR RENT, 2 with applications waiting on landlord decision, and 6 that have rented in the last 30 days.  Two BedroomsCurrently there are no two-bedroom places on the market for rent and none waiting on the landlord to make a decision to rent. In the last 30 day, 1 two-bedroom unit has been successfully rented.  The place rented for $1,725 per month after being on the market for only a week (7 days). Three bedroomsCurrently there are 4 three-bedroom rentals on the market in the New Market zi...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
 Last week in New Market Md.  21774 Last week ending June 28, 2015, 4 homes in New Market, Md. where added to the market, 4 went under contract, and 3 completed the sales process. This brings the count to 73 on the market for sale, 42 under contract and 17 completing the sales process in the last 30 days.  Those on the market for sale range in list price from $125,000 to $948,000. Those under contract where last listed from $125,000 to $750,000.  Those that have completed the sales process have sold for between $225,000 and $585,000.   This group of homes includes detached single family homes, townhouse, and garden apartments too. If you have any questions about this report or wanting to discuss the possibility of moving into the community or selling your home please call me, leave me a...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – May 21, 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 (06/23/2015) not including  new construction there are 62 such homes on the market FOR SALE, another 32 under contract, and 17 that have sold in the last 30 days. Thus the absorption rate (6217) shows a 3.6 month inventory, which is considered sellers market. Two BedroomsAt the time of this report there is 1 two-bedroom detached homes o the market for sale.   The current list price of this home is $325,000 and it has been on the market for approaching 4 months (117 days).There are 2 two-bedroom detached home under some form of contract in New Market.  The last known list price of these homes are $248,000 being on the market ...
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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.  This report contains a summary starting with May 2014, then April 2105, and finally May 2015. During the month of May 2014, 12 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $150,000 and $419,900 with the median being $347,350.  These amounts where between 85.7% and 100% of the last known list price of the homes, with the median being 100%.  Seller provided assistance with closing cost on 8 of these homes.  The assistance ranged from $3,000 to $13,500 with the median being $10,000.  In this group of homes, 1 was a Bank Owned property.  The median days on market from initial list to contract acceptance was 27 days. During the month...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (6/1 – 6/7/15) in Mt. Airy Md.  21771 Last week (ending 6/7/2015) 11 existing detached homes in Mt Airy Md. were added to the market for sale, 6 went under contract, and 6 completed the sales process. This brings the count to 112 on the market for sale, 58 under contract and 30 completing the sales process in the last 30 days. Those still on the market for sale range from $128,000 to $750,000.  The last known list price of those currently under some form of contract ranges from $50,000 to $799,900.  Those that did complete the sales process in the last 30 days have sold between $84,000 and $665,000.  This report covers only existing detached home in Mount Airy, if townhouse are of interest please contact me. If you have any questions about this report or wanting to discuss th...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (06/1 – 06/07/2015)  in New Market Md.  Townhouses 21774During last week ending on June 7, 2015, 2 Townhouses in New Market where added to the market, 1 went under some form of contract, and nne completed the sales process.  This brings the count to 9 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 $224,900 to $389,000. Those under contract where last listed from $224,900 to $350,000.   Those that have completed the sale process in the last thirty days did so for between $215,000 and $320,000. 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 yo...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – May 21, 2015 – New Market, Md. 21774 – TownhousesThis is a market report for Townhouses in New Market, Md. 21774.  At the time of this report (5/21/2015) there are 9 such homes on the market FOR SALE, another 6 under contract, and 8 that has sold in the last 30 days. Thus the absorption rate (9/8) shows a 1.125 month inventory, which is considered to be a sellers market. Three BedroomsThere are 6 three-bedroom townhouses in this area on the market for sale. These homes range in price from a low of $224,900 to $389,050 with the median being $239,900  The days on market for these homes ranges from close to 3 weeks  (21 days ) to 16 months (488 days), with the median approaching 2 months (51 days).There are 4 three-bedroom townhouses in the area that are under some form of c...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – May 21, 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 (05/21/2015)  not including  new construction there are 54 such homes on the market FOR SALE, another 33 under contract, and 18 that have sold in the last 30 days. Thus the absorption rate (54/18) shows a 3 month inventory, which is considered sellers market. Two BedroomsAt the time of this report there are no two-bedroom detached homes o the market for sale.  There are 2 two-bedroom detached home under some form of contract in New Market.  The last known list price of these homes are $285,000 being on the market for a month (29 days) and $325,000 and was on the market for over 3 months (98 days) .  There are no two-bedroom d...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
 Last week (05/11 – 05/17/2015) in New Market Md.  21774 During last week (ending May 17, 2015) 8 existing detached homes in New Market where added to the market, another 6 home went under some form of contract, and 3 completed the sales process.  This brings the count to 54 home on the market for sale, 34 home under contract and 15 homes that completing the sales process in the last 30 days.  This yields an absorption rate (Active/ 30 days sold) of 3.6 months, which is considered a normal market. Those on the market for sale range in list price from $275,000 to $948,000. Those under contract where last listed from $228,500 to $700,000.  Those that have completed the sales process have sold for between $285,000 and $625,000.   If you have any questions about this report, information on ...
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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.  This report contains a summary starting with April 2014, then March 2105, and finally April 2015.   During the month of April 2014, 12 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $265,000 and $579,999 with the median being $450,000.  These amounts where between 83.7% and 100% of the original list price of the homes, with the median being 96.2%.  Seller provided assistance with closing cost on 6 of these homes.  The assistance ranged from $500 to $15,272 with the median being $6,924.  In this group of homes, 4 were Bank Owned property.   During the month of March 2015, 8 existing detached homes in New Market, Md. successfully c...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
 Last week (04/30 – 05/06/2015)  in New Market Md.  Townhouses 21774 During last week ending on May 06, 2015, 2 Townhouses in New Market where added to the market, none went under some form of contract, and none completed the sales process.  This brings the count to 10 Townhouses on the market for sale, 9 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 $232,991 to $389,000. Those under contract where last listed from $214,900 to $319,900.   Those that have completed the sale process in the last thirty days did so for between $200,000 and $277,000. If you have any questions about this report, information on townhouses, or wanting to discuss the possibility of moving into the community or selling your ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
 DEER DASK   5K Run/Walk & 1-Mile Fun Run   May 16, 2015 8:30 AM start     The Dear Crossing Elementary School PTA, New Market Md. is pleased to announce once again it is the Proud Sponsorship Deer Dash 5K Run/Walk & 1 Mile Fun Run.  The event  to be held starting at 8:30 AM May 16, 2015 from the Deer Crossing Elementary
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (04/06 – 04/12/2015) in New Market Md.  21774During last week (ending April 12, 2015), 10 detached homes in New Market where added to the market, another 5 homes went under some form of contract, and 2 completed the sales process.  This brings the count to 46 home on the market for sale, 32 home under contract and 6 homes that completing the sales process in the last 30 days. Those on the market for sale range in list price from $228,500 to $949,770. Those under contract where last listed from $200,000 to $629,900.  Those that have completed the sales process have sold for between $235,000 and $585,000.  If you have any questions about this report, information on townhouses, or wanting to discuss the possibility of moving into the community or selling your home please call me,...
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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.  This report contains a summary starting with March 2014, then February 2105, and finally March 2015.During the month of March 2014, 8 existing detached homes in New Market, Md. successfully completed the sales process.  These homes sold for between $263,900 and $550,000 with the median being $359,950.  These amounts where between 87.6% and 100.2 7% of the original list price of the homes, with the median being 94.3%.  Seller provided assistance with closing cost on 5 of these homes.  The assistance ranged from $2,500 to $10,500 with the median being $6,500.  In this group of homes, 1 was a Bank Owned property.During the month of February 2015, 14 existing detached homes in New Market, Md. success...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (03/30 – 04/05/2015)  in New Market Md.  21774 During last week (ending April 5, 2015) 4 detached homes in New Market where added to the market, another 2 homes went under some form of contract, and 1 completed the sales process.  This brings the count to 38 home on the market for sale, 29 home under contract and 6 homes that completing the sales process in the last 30 days.  Those on the market for sale range in list price from $228,500 to $949,770. Those under contract where last listed from $200,000 to $629,900.  Those that have completed the sales process have sold for between $235,000 and $472,400.    If you have any questions about this report, information on townhouses, or wanting to discuss the possibility of moving into the community or selling your home please call m...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Mar. 21, 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 (03/21/2015)  not including  new construction there are 34 such homes on the market FOR SALE, another 22 under contract, and 14 that have sold in the last 30 days. Thus the absorption rate (34/14) shows a 2.42 month inventory, which is considered a sellersmarket.   Two Bedrooms At the time of this report there are no two-bedroom detached homes o the market for sale.  There is 1 two-bedroom detached home under some form of contract in New Market.  The last known list price of this home is $325,000 and was on the market for over 3 months (98 days) .  There are no two-bedroom detached homes has successfully process in the last...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (03/13 – 03/19/2015)  in New Market Md.  21774 During last week (ending March 19, 2015) 3 detached homes in New Market where added to the market, another 2 homes went under some form of contract, and 1 more completed the sales process.  This brings the count to 34 home on the market for sale, 22 home under contract and 14 homes that completing the sales process in the last 30 days.  Those on the market for sale range in list price from $228,500 to $949,770. Those under contract where last listed from $200,000 to $629,900.  Those that have completed the sales process have sold for between $217,000 and $533,000.    If you have any questions about this report, information on townhouses, or wanting to discuss the possibility of moving into the community or selling your home please...
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