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Summerfield Home Values and Market Report

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Mcmahanhomes.com
Report prepared by Mcmahanhomes.com Real Broker, LLC

Market at a glance

Over the last 12 months, homes sold for 99.9% of list price in 19 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $505K Sold · $524K
$590K$500K$410K$320K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 8 sales in Jun. Last month: 6.

Where the market stands

All homes in this report, by status.

71homes
Active15 · 21%
Under contract2 · 3%
Sold (12 mo)54 · 76%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$477K
Under contract$372K
Sold$443K

Average days on market

Active31 days
Under contract12 days
Sold19 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 15
Average list price $476,593
Avg. days on market 31 days
Avg. price per ft² $232
Avg. living area 2,074 ft²
Avg. beds / baths 3.2 / 3.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$1.5M$1M$500K$0

Price vs. living area: 15 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

22691 Blue Elder Ter Unit 202$318
20 Quick Ct$317
1505 Blossom Cir$294
517 Kennelwoods Dr$281
6190 S Steamboat Way$244
522 Tailgate Ter$239
703 Danforth Cir$226

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1424 Hudgins Farm CirFredericksburg, VA 22408 332,112$424,900$2013 days
1426 Hudgins Farm CirFredericksburg, VA 22408 332,058$450,000$2182 days
20 Quick CtSomerset, NJ 08873 543,617$1,149,900$3178 days
6190 S Steamboat WayNew Market, MD 21774 331,636$399,900$2446 days
223 Norbury CirWillow Street, PA 17584 331,632$334,900$20524 days
517 Kennelwoods DrElverson, PA 19520 331,668$470,000$28129 days
1505 Blossom CirDayton, NJ 08810 331,933$569,900$29429 days
1709 Hudgins Farm CirFredericksburg, VA 22408 433,590$525,000$14637 days
207 S Pine StElverson, PA 19520 432,338$479,500$20535 days
703 Danforth CirWillow Street, PA 17584 331,460$330,000$22631 days
Mcmahanhomes.com

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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