– average sold price was $440.250 compared to last year’s $356.614
– average days on market to sell a home went to 46 days from 57 days
– average sold price sellers are getting compared to original list price changed to 98.1% from last year’s 95.7%
Damascus market activity is summarized in the following chart (mouse over for details):
Through February 2020 there were 7 single family home and 1 townhome sold. . The most expensive single family home sold for $618,000. The townhome sold for $290,000 in Magruder Valley Village. There were no cash buyers (often investors) in February.
The chart below shows average home price in Damascus by type.
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.
The average days on market in February 2020 was 46 compared to 57 days in February last year. You can see more market statistics in our Damascus Real Estate Market Trends Report.