Market report, updated

Market Report

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

Market at a glance

Over the last 6 months, homes sold for 100.3% of list price in 29 days on average.

Average price, last 12 months

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

List · $526K Sold · $526K
$570K$540K$510K$480K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 237 sales in Jun. Last month: 171.

Where the market stands

All homes in this report, by status.

1,803homes
Active460 · 26%
Under contract216 · 12%
Sold (6 mo)1,127 · 63%

Buyer's or seller's market?

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

2.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$590K
Under contract$625K
Sold$528K

Average days on market

Active107 days
Under contract113 days
Sold29 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 460
Average list price $590,403
Avg. days on market 107 days
Avg. price per ft² $253
Avg. living area 2,461 ft²
Avg. beds / baths 3.5 / 2.9

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

27 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 220 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.

12 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

95 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

2500 Uniontown Rd$543
2500 Uniontown Rd$543
4320 Littlestown Pike$528
2429 Mount Ventus$508
924 Spangler Dr$428
5 Dorothy Ave$416
427 Clear Ridge Rd$408

All active listings (460)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2319 Sandel LnWestminster, MD 21157 431,764$560,000$3172 days
2505 Nubian CtFinksburg, MD 21048 443,360$525,000$1561 day
2805 Ridgeleigh CtManchester, MD 21102 443,584$599,900$1673 days
3411 Augusta RdManchester, MD 21102 211,440$344,400$2392 days
291 Winterberry LnWestminster, MD 21157 321,912$485,000$2533 days
4307 Howard DrSykesville, MD 21784 422,038$444,900$2184 days
5239 Stonebridge WaySykesville, MD 21784 442,702$699,000$2583 days
2055 Manchester RdWestminster, MD 21157 443,464$624,900$1804 days
515 Daisy DrTaneytown, MD 21787 321,152$235,000$2033 days
709 Longview AveWestminster, MD 21157 322,100$410,000$1955 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.

Mcmahanhomes.com Real Broker, LLC

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