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Damascus, MD Real Estate News

By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Aug 7,  2014 – Damascus, Md.  – Townhouses This is a market report for townhouses in Damascus, Md.20872.  At the time of this report (08/07/2014) there are 13 townhouses on the market FOR SALE, 8 that are under contract, and 6 that have sold in the last 30 days,  The Absorption rate (Active / Sold in the last 30 day) is 2.16 months, which is considered to be a sellers market.   Two Bedrooms There are 2 two-bedroom townhouses in the market area currently on the market for sale.  These homes are currently listed for $210,000 and $219,900.  The median time on market is 1.5 months (44 days). There are no two-bedroom townhouses in our report area that are under any form of contract at this time  Just 2 two-bedroom townhouses in the market area have completed the sale process i...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – July 16,  2014 – Damascus, Md.  – Townhouses   This is a market report for townhouses in Damascus, Md. 20872.  At the time of this report (07/16/2014) there are 15 townhouses on the market FOR SALE, 9 that are under contract, and 2 that have sold in the last 30 days,  The Absorption rate (Active / Sold in the last 30 day) is 7.5 months, which is considered on the low end of a buyers market.   Two Bedrooms There are 2 two-bedroom townhouses in the market area currently on the market for sale.  These homes are currently listed for $210,000 and $219,900.  The median time on market is 3 weeks (22 days). There is 1 two-bedroom townhouses in our report area that are under some form of contract.  The last known list price of this homes is $120,000  and it was on the market for n...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – July 16, 2014 – Damascus, Md. 20872 – Detached Homes This is a market report for detached homes in Damascus, Md. 20872.  At the time of this report  (07/216/2014) there are 49 such homes on the market FOR SALE, 20 are under contract, and another 15 that have sold in the last 30 days.  The absorption rate (Active / Closed in the last 30 days) calculates to 3.2 months.  This is considered a normal market value.   Two Bedrooms There are 4 two-bedroom homes of sale in the zip code. These homes range in price from a low of $185,000 to $299,900, with the median being $249,500.  The days on market for these homes ranges from nearly 2 weeks (14 days) to  2.5 months (76 days) with the median being under 2 months (55 days). There is no two-bedroom detached home in this market place...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – July 2,  2014 – Damascus, Md.  – Townhouses This is a market report for townhouses in Damascus, Md.20872.  At the time of this report (07/02/2014) there are 12 townhouses on the market FOR SALE, 6 that are under contract, and 3 that have sold in the last 30 days,  The Absorption rate (Active / Sold in the last 30 day) is 4 months, which is considered a normal market.   Two Bedrooms There is 1 two-bedroom townhouses in the market area currently on the market for sale.  This home is listed for $210,000 and has been on the market for less than 3 weeks (17 days). There are 2 two-bedroom townhouses in our report area that are under some form of contract.  The last known list price of these homes is $135,000 and $219,000.  The median time on market for these homes is 3.5 months...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – June 24, 2014 – Damascus, Md. 20872 – Detached Homes This is a market report for detached homes in Damascus, Md. 20872.  At the time of this report (06/24/2014) there are 52 such homes on the market FOR SALE, 20 are under contract, and another 11 that have sold in the last 30 days.  The absorption rate (Active / Closed in the last 30 days) calculates to 4.7 months.  This is considered a normal market value.   One Bedroom There is a one-bedroom detached home on the market for sale at this time.  This home is listed for $325,000 and has been on the market for a 4 months (120 days).  No one bedroom is under contract at this time and none have completed the sales process in the last 30 days.   Two Bedrooms There are 3 tw0-bedroom homes of sale in the zip code. These homes ran...
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
Damascus  Maryland Latest Real Estate Listings April 2014 Montgomery County MD Real Estate Market  Report  Produced in conjunction with Real Estate Business Intelligence RBI, Maxus Realty Group and www.ReallyNiceHomes.com is a leading independent real estate company located in Montgomery County Maryland. Our market report series is the benchmark for all residential real estate market information that is an essential reference source for consumers when considering buying and/or selling a home. Our report provides an analysis of what is selling, where is selling and how long is taking to sell. We also include sales trends as well as many other metrics directly form neighborhoods that are on the move.   "We want to give our clients an idea of current conditions as well as historical and em...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – May 21, 2013 – Damascus, Md.20872 – Townhouses This is a market report for Townhouses in Damascus Md. 20872.  At the time of this report (05/21/2014) there are 10 such homes on the market FOR SALE, another 10 under contract, and 4 that have sold in the last 30 days.   This gives us an absorption rate (active/sold) of 2.5 months, a seller’s market.   Two Bedrooms There is 1 two-bedroom townhouse in this market for sale at the time of this report.  The home is listed at $135,000 and has been on the market for nearly 5 months (148 days).  There is also 1 two-bedroom townhouse currently under contract.  This home was last listed for $219,990 and was on the market for nearly 3.5 months (103 days).  No two-bedroom townhouse has successfully completed the sales process in the la...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Detached homes – April 2014,  Damascus, Md.   During the month of March, 5 detached homes in Damascus, Md. were added to the market.  All of them are part of the 34 detached homes currently on the market.   During April, 8 detached in Damascus, Md. successfully completed the sales process.  This was an increase of 33 percent over the count that sold in April of 2013.  The total value of these homes sold was $3,431,000,  a 23 percent increase from last April sales.  The median closing price was $450,142 a 19 percent increase from April of 2013.  All the homes sold for last list or greater.   The median time on market for these homes was 41 days which is 15 percent less than that sold in April of last year.     If you have any questions about this report, please contact me.  I look forwar...
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
Damascus MD Real Estate Market Report Most homeowners across Damascus Maryland have been enjoying an upswing in their home values, and home-sale prices are expected to continue rising for at least the next several months. Spring is here - buyers and sellers are on their way to be more active. Interest rates still are under an affordable 5% rate that will be watched closely in 2014. An upswing in interest rates could be very harmful to our  young real estate market recovery.   If you are looking to buy in Damascus fro 2014, our recommendation is to start early rather than later. Interest rates are very fragile in our market right now and could change dramatically at any time. If you are looking to sell your home in Damascus,  our recommendation is to be realistic and don't take chances o...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Detached homes – March 2014,  Damascus, Md.   During the month of March, 5 detached homes in Damascus, Md. were added to the market.  All of them are part of the 34 detached homes currently on the market.   During March, 5 detached in Damascus, Md. successfully completed the sales process.  This was an decrease of 44 percent over the count that sold in March of 2013.  The total value of these homes sold was $1,787,000,  a 50 percent decrease from last March sales.  The median closing price was $344, 750 a 16 percent decrease from March of 2013.  While one sold for greater than the last known list, the remaining settled for 96 of the last known list.   The median time on market for these homes was 46 days (discounting one that was on the market of over), which is 82 percent higher that s...
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
Damascus MD Homes For Sale  All homes for sale in Damascus Maryland | Including Foreclosures and Short Sales 20872 Damascus MD is located upper North of Montgomery County. Its residents enjoy many community amenities that beautifully complement life in the Washington Metropolitan area. Damascus is a family-friendly community with new public parks and schools to accommodate the city.   Call us today if you are relocating to Damascus MD for our specials relocation package that involves community highlights, transportation and homes for sale. Damascus MD Latest Listings   $439,900 24025 PREAKNESS DRIVE, Damascus Well maintained colonial in sought after Sweepstakes! Many updates include recessed LED lighting throughout, wood floors, crown moldings, granite counter tops & travertin... Beds 4...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – March 25, 2014 – Damascus, Md.  – Townhouses This is a market report for townhouses in Damascus, Md. 20872.  At the time of this report (03/25/2014) there are 7 townhouses on the market FOR SALE,  6 that are under contract, and 1 that have sold in the last 30 days,  The Absorption rate (Active / Sold in the last 30 day) is a 7 month inventory, which is considered a normal market.   Two Bedrooms There are 2 two-bedroom townhouses in the market area currently on the market for sale. The last known list price of this home are $139,000  and has been on the market for 3 months (91 day), while the other is currently list  at $225,000 and has been on the market for approaching 2 months (52 days).    There is 1 two-bedroom townhouse in our report area under some form of contract....
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – March 25, 2014 – Damascus, Md. 20872 – Detached Homes This is a market report for detached homes in Damascus, Md. 20872.  At the time of this report (03/25/2014) there are 28 such homes on the market FOR SALE, 18 are under contract, and another 7 that have sold in the last 30 days.  The absorption rate (Active / Closed in the last 30 days) calculates to 4 months.  This is considered a sellers’s market value.   One Bedroom There is a one-bedroom detached home on the market for sale at this time.  This home is listed for $325,000 and has been on the market for a month (29 days).  No one bedroom is under contract at this time and none have completed the sales process in the last 30 days.   Three Bedrooms There are 6 three-bedroom homes of sale in the zip code. These homes ra...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – February 22, 2014 – Damascus, Md. 20872 – Detached Homes This is a market report for detached homes in Damascus, Md. 20872.  At the time of this report (02/22/2014) there are 30 such homes on the market FOR SALE, 16 are under contract, and another 3 that have sold in the last 30 days.  The absorption rate (Active / Closed in the last 30 days) calculates to 10 months.  This is considered a buyer’s market value.   Three Bedrooms There are 8 three-bedroom homes of sale in the zip code. These homes range in price from a low of $269,900 to $874,900, with the median being $342,500.  The days on market for these homes ranges from new to the market (3 days) to over 16 months (491 days) with the median being just over 1 month (34 days). There are another 6 three-bedroom detached h...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – February 22, 2014 – Damascus, Md.  – Townhouses This is a market report for townhouses in Damascus, Md. 20872.  At the time of this report (02/22/2014) there are 6 townhouses on the market FOR SALE,  6 that are under contract, and 3 that have sold in the last 30 days,  The Absorption rate (Active / Sold in the last 30 day) is a 2 month inventory, clearly a sellers market.   Two Bedrooms There are 2 two-bedroom townhouses in the market area currently on the market for sale at this time. The last known list price of this home are $139,000  and has been on the market for 2 months (60 day), while the other is currently list  at $225,000 and has been on the market for 3 week (21 days).    There are also 2 two-bedroom townhouses in our report area that are under some form of co...
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
Damascus Maryland Homes For Sale : Is this a Good Time to Buy?   Located just in the northern part of Montgomery County Maryland adjacent to Germantown and Clarksburg, the city of Damascus was designed as a traditional American town  with lots of open spaces and neighborhoods friendliness where people of all ages can feel at home.. . Is this a Good Time to Buy a house in Damascus Maryland ? If you know  the median price of a home in the Montgomery County Maryland area. .you will soon find out that Damascus is simple the most affordable city in Montgomery County to own a single family home. .But the question remains for many future homeowners. .  But,....is this a Good Time to Buy a house in Damascus Maryland ? My advice is to invest in your future. Buying a home gives you a chance to s...
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
Damascus Maryland Homes For Sale Listings Shortage Damascus Maryland homes for sale are very far in between, and the ones priced correctly seem to remain active for just a few days. .   This is why you should connect with an experienced agent to help you choose the right home for you. Damascus Maryland has the most affordable homes in Montgomery County today.   See video for an amazing opportunity for Damascus MD     Many new-comers, retirees and people relocating for jobs have seen the value of Damascus Maryland and all have been attracted to the  area because of how inexpensive homes are here. .Police officers and teachers  are also attracted to the prices around in Damascus.This year, I have talked with a few families that are relocating because of the value the city offers  "There ...
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
Damascus Maryland Homes For Sale : Is this a Good Time to Buy?   Located just in the northern part of Montgomery County Maryland adjacent to Germantown and Clarksburg, the city of Damascus was designed as a traditional American town  with lots of open spaces and neighborhoods friendliness where people of all ages can feel at home.. . Is this a Good Time to Buy a house in Damascus Maryland ? If you know  the median price of a home in the Montgomery County Maryland area. .you will soon find out that Damascus is simple the most affordable city in Montgomery County to own a single family home. .But the question remains for many future homeowners. .  But.... is this a Good Time to Buy a house in Damascus Maryland ? My advice is to invest in your future. Buying a home gives you a chance to s...
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
Damascus Real Estate News 01/04/2014 There are currentl 32 Properties currently available in Damascus Maryland for Montgomery County in Maryland The most expensive active home for sale in Damascus is:   $1,399,000 7261 ANNAPOLIS ROCK ROAD, Damascus Custom built luxury estate home on 5 acres. This home is a 5br 6.5 bath colonial with marble floors and grand 2 story foyer. Hardw...Beds 5 Baths 7.0 MLS MC8143515 SqFt. 7,668 The least  expensive active home for sale in Damascus is: $139,900 25109 TRALEE COURT Unit #E-5, Damascus — Greenhills No 1 Stay warm & cozy in front of the fireplace in this one level 2 BR, 1 BA lower level 'townhouse' condo in Damascus. New bath, new ...Beds 2 Baths 1.0 MLS MC8239473 SqFt. 1,120 Foreclosure active homes for sale in Damascus: $239,900 10165 SHELLDRAKE ...
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By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
THINGS TO DO IN AND AROUND DAMASCUS MD $ Latin Salsa Night Fri, Jan 3 @ 8:15 pm That's Dancing Ballroom, Jessup, MD    DANCE PERFORMANCES   $ Nellie McKay Thu, Jan 9 @ 7:30 pm Strathmore, North Bethesdathesda, MD    ROCK MUSIC   National Philharmonic: Sounds of Central Europe Sat, Jan 4 @ 8:00 pm Strathmore, North Bethesda, MD    CLASSICAL MUSIC     Olympia Dukakis In A Concert Reading Of Rose 10701 Rockville PikeNorth Bethesda, MD 20852  (301) 581-5100 Website   "Oscar winner (Moonstruck) Olympia Dukakis creates an indelible performance in the story of a feisty Jewish woman who, with humor, guile and spirit, survived some of the major events that shaped the 20th century. Dukakis has performed the play to rave reviews in London, on Broadway, and around the w" – washington.org       WHE...
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