How’s the Clarksburg MD 20871 Real Estate Market?
The Clarksburg real estate market in zip code 20871 saw the following changes through the end of April – compared to last year at this time:
- average sold price as of the end of April 2013 was $419,299 compared to last year’s $361,106
- average days on market to sell a home decreased to 48 days at the end of April 2013 from 115 days in 2012
- average sold price sellers were getting increased significantly to 97.5% in 2013 from 94.1% in 2012
- market activity is summarized in the following chart:
What Has Sold?
As of the end of April 2013, 33 single family homes, 24 town houses and 9 condos sold, with 8 short sales and no foreclosures in the 20871 zip code.
Many Clarksburg neighborhoods have been active, such as Clarksburg Village, Clarksburg Outside and Greenway Village (Arora Hills).
Do you want to stay up to date on what homes are selling for in your neighborhood? Then sign up for our Market Snapshot Report.
The most expensive home that sold was a contemporary style home in Arora Hills (Greenway Village) for $730K in April.
You can see more details about home sales in our report on Clarksburg Property Values.
Are Sellers Getting Their Asking Price in Clarksburg?
The chart below (mouse over for details) shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. There were 6 cash buyers (often investors) through April.
How Long Is it Taking to Sell a Home?
So far this year, the average days on market was greatly lower at 48 days, compared to 115 days last year. You can see more market statistics in our Clarksburg Real Estate Market Trends Report.
What is For Sale?
Click on the map below to start your Clarksburg home search, save your favorites, set up automatic emails, and receive alerts for properties that fit your criteria.
Call Bob Myers of Re/Max Realty Services at 301-910-9910 if you have any questions about the value of your home or the real estate market.
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