How's the Real Estate Market in Damascus MD?
Damascus home sales saw the following changes in February 2020 compared to last year at this time:
- average sold price was $356.614 compared to last year's $338,185.
- average days on market to sell a home went to 29 days from 96 days
- average sold price sellers are getting compared to original list price changed to 98.2% from last year's 93.0%
Damascus market activity is summarized in the following chart (mouse over for details):
Damascus Homes Sold
Through March 2020 there were 12 single family homes, 7 townhomes and 2 condos sold. There were 2 cash buyers (often investors) which were 9.52% percent of all buyers in March..
The chart below shows average home price in Damascus by type.
Are Sellers Getting Their Asking Price in Damascus?
The chart below shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. You can see more details in our Damascus Property Value Report.
How Long is it Taking to Sell a Home?
The average days on market in March 2020 was 29 compared to 96 days in February last year. You can see more market statistics in our Damascus Real Estate Market Trends Report.
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. Search for Damascus homes for sale, save your favorites and get updates: