Damascus Md. Market Report - Nov 24, 2009
This is a market report on the homes for sale in the town of Damascus, Md. The information is taken from the Metropolitan Regional Information System (MRIS) on November 24, 2009.
While there is a shell on the market, the cheapest home for sale is a two bedroom one bath condo listed at $115,000. While there are six and seven bedroom homes on the market, the most expensive home on the market at this time is a five bedroom four bath detached home with a three car garage for $869,000. While some are new to the market within the last week and two have been on the market for near two years, the average days on market since initially listed for sale is just over five months (152 days).
There is currently a total of 26 homes in Damascus Md, where an offer to purchase has been accept by the owner. The last know list prices of these homes ranged from a low of $150,000 for a two-bedroom home to a high of $550,000 for a four bedroom home.
In the last month 16 homes in Damascus Md have been successfully sold. The closing prices on these homes ranged from a low of $170,000 to a high of $525,000. The days on market with the last Realtor ranged from less than a week (3 days) to just over four months (131 days), with the average being slightly over one month (44 days).
Shells
There are currently two shells on the market for sale at this time. One structure is located on 6.5 acres and listed for $320,900, while the other a brick exterior on home on over a half acre is listed at $210,000 There are no shells currently under contact nor has any gone to the closing table during the period covered by this report.
Two Bedrooms
There are currently 11 two-bedroom homes on the market for sale in Damascus, Md. The list prices of this homes range from $115,000 to $425,000; with the average being $208,163. The days on market for the set range from as little as a week (4 days), to just over seven months(226 days) with the current Realtor; the average approaching three months (73 days).
There is currently four two-bedroom homes under contract in Damascus, Md. The last known list price of this homes ranges from $150,000 to a high of $199,900. The time on market with the current Realtor ranges from near three weeks (19 days) to nearly four months (126 days) before the offer was accepted.
Since October 24 no two-bedroom home has gone to the closing table in Damascus, Md.
Three Bedrooms
There are currently 22 three-bedroom homes on the market for sale in Damascus, Md. The list prices of these homes range from $125,000 to $415,900; with the average being $298,292. The days on market for the set range from less than a week (5 days) to approaching seven months (203 days) with the current Realtor; the average being a little over two months (72 days).
There are ten three-bedroom homes currently under contact in Damascus, Md. The last known list prices of these homes ranged from a low of $155,000 to a high of $349,814, with the average being $251,850. The days on market with the current Realtor before the offers were accepted ranged from just under a week (4 days) to just over four months (132 days), with the average being nearly two months (49 days).
Since October 24, ten three-bedroom homes have successfully sold in Damascus Md. The closing price of these homes ranged from a low of $170,000 to a high of $349,000. The days on market with the last Realtor ranged from less than a week (3 days) to over four months (131 days); with the average being a slightly over one month (43 days).
Four Bedrooms
There are at this time 15 four-bedroom homes on the market for sale in Damascus, Md. The list prices of these homes range from a low of $289,900 to $749,990. The days on market for the set range from less than a week (1 days) to approaching two years (690) days with the current Realtor, with the average being near five months (143 days).
Currently there are six four-bedroom homes under contract in Damascus, Md. The last known list prices of these homes ranged from a low of $200,000 to a high of $499,900, with the average being $332,316. The days on market for these homes went from a soon as 40 days to nearly 10 months (312 days), with the average being near five months (157 days).
Since October 24, three four-bedroom Damascus, Md. homes have successfully reached the closing table. The closing prices have ranged from $355,000 to $450,000. The days on market with the last Realtor ranged from less than two weeks (12 days) to slightly over two months (73 days), with the average being less than two months (47 days).
Five Bedrooms
There are at this time a total of five five-bedroom homes on the market for sale in Damascus, Md. The list prices of these homes range from a low of $239,900 to $869,000; with the average being $549,580, The days on market for the set range from less than a week (3 days) to just short of four months (132 days) with the current Realtor, with the average for the set being two months (58 days).
There is currently only one five-bedroom home under contact in Damascus, Md. This homes last known list price was $529,000 and had been on the market for just over two week (16 days).
Since October 24, two five-bedroom Damascus, Md. homes have successfully reached the closing table. The closing prices have ranged from $452,250 to $525,000. The days on market with the last Realtor ranged from less than a week (4 days) to nearly three months (88 days), with the average being just over a month and a half (46 days).
Six Bedrooms
There is only one six-bedroom home on the market for sale in Damascus, Md. The home is currently listed for $675,000 and has been on the market for a little over three months (117 days) with the current Realtor. There are currently no six-bedroom homes under contract in Damascus, Md., nor has there been a six-bedroom home going to closing since October 24, 2009
Seven Bedrooms
There are two seven-bedroom homes on the market for sale in Damascus, Md. at this time. The list prices of the homes are $599,9 and $675,000. Both have been on the market for over a year with the average being close to 18 months (553 days).
There are no seven-bedroom homes under contract in Damascus, Md., nor has there been a seven-bedroom going to the closing table since October 24, 2009.
