- average sold price was $330,337 compared to last year's $333,167
- average days on market to sell a home went to 67 days from 62 days
- average sold price sellers are getting changed from 96.3% to 95.3%
Damascus market activity is summarized in the following chart (mouse over for details):
Through November 2016 there were 134 single family homes, 46 townhouses and 22 condos sold.The most active neighborhoods were Sweepstakes, Damascus Valley Park and Damascus Outside. The most expensive home that has sold was in Kings Valley Manor for $645,000.
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. There were 29 cash buyers (often investors) 14.35% of the 202 buyers so far in 2016. You can see more details in our Damascus Property Value Report.
So far in 2016, the average days on market was 67 compared to 62 days 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: