Damascus Home Sales Report February 2020

Damascus Real Estate

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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 $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):

Damascus Homes Sold

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.

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 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.

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:

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New Listing - 3 weeks online
$210,000
Condo For Sale
Active
2
BED
2
TOTAL BATHS
1,075
SQFT
Ridgeview Codm #1000-H
25910 Ridge Manor Drive 1000-H
Damascus, MD 20872
$228,000
Townhouse For Sale
Active Under Contract
2
BED
2
TOTAL BATHS
1,380
SQFT
10057 Shelldrake Circle
Damascus, MD 20872
DAMASCUS VALLEY PARK Subdivision
New Listing - 2 weeks online
$322,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
864
SQFT
10420 Nickelby Way
Damascus, MD 20872
GREENHILLS Subdivision
New Listing - 4 weeks online
$385,000
Townhouse For Sale
Active Under Contract
4
BED
4
TOTAL BATHS
2,640
SQFT
25464 Paine Street
Damascus, MD 20872
MAGRUDERS OVERLOOK Subdivision
New Listing - 3 weeks online
$389,900
Townhouse For Sale
Active Under Contract
3
BED
4
TOTAL BATHS
2,528
SQFT
25506 Joy Lane
Damascus, MD 20872
MAGRUDERS OVERLOOK Subdivision
$450,000
Single Family Home For Sale
Active Under Contract
5
BED
4
TOTAL BATHS
2,614
SQFT
27115 Ridge Road
Damascus, MD 20872
DAMASCUS Subdivision
$457,500
Single Family Home For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
1,836
SQFT
Town Spring Road
Damascus, MD 20872
DAMASCUS OUTSIDE Subdivision
New Listing - 4 weeks online
$475,000
Single Family Home For Sale
Active Under Contract
4
BED
3
TOTAL BATHS
2,412
SQFT
10751 Middleboro Drive
Damascus, MD 20872
SPRING GARDEN ESTS Subdivision
New Listing - 5 days online
$525,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,567
SQFT
10129 Johns Drive
Damascus, MD 20872
DAMASCUS Subdivision
$650,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,688
SQFT
11131 Kingstead Road
Damascus, MD 20872
DAMASCUS Subdivision
$655,000
Single Family Home For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
3,600
SQFT
8950 Gue Road
Damascus, MD 20872
NONE AVAILABLE Subdivision
$724,990
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,860
SQFT
9921 Day Ridge Place
Damascus, MD 20872
RIDGEVIEW Subdivision
Price Change - 4 weeks ago
$786,735
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,789
SQFT
Damascus Hills
Damascus, MD 20872
NONE AVAILABLE Subdivision
Price Change - 4 weeks ago
$817,734
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
3,599
SQFT
Damascus Hills
Damascus, MD 20872
NONE AVAILABLE Subdivision
New Listing - 4 weeks online
$858,185
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
4,145
SQFT
Damascus Hills
Damascus, MD 20872
NONE AVAILABLE Subdivision
$940,739
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
3,502
SQFT
Prices Distillery Road
Damascus, MD 20882
DAMASCUS OUTSIDE Subdivision

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