Home sellers in Waldorf Maryland should take heart, there are still sales happening in the current real estate market, despite the economy! The $200k-$300k price range seems to be the most popular price point right now. Here’s a
breakdown of properties in Waldorf that are under contract right now:

Properties under contract in Waldorf: 73

Average time to contract for properties currently under contract: 133.4 days

Properties under contract for $100k-$200k: 16

Average Days on Market (DOM) for those properties: 118.75 days

Properties under contract for $201k$-300k: 30

Average DOM for those properties: 125.53 days

Properties under contract for $301k-$400k: 23

Average DOM for those properties: 153.73 days

Properties under contract for $401k+: 4

Average DOM for those properties: 133.25 days

So what does this tell us? For starters, it shows that properties priced below $300,000 are at the most popular price point right now. It also shows that properties priced above $300,000 are likely to sit on the market significantly longer.

Statistics like this give us a good idea of exactly what home buyers are looking for, and what they are able to afford. It’s very hard to sell McMansions in comparison to a moderately priced townhome, and people are trending towards homes priced under $300k.

~Jonathan Benya- Realtor
Century 21 New Millennium
9405-A Chesapeake St
La Plata, MD 20646
301-609-9000
301-653-8116
Charles County Real Estate Blog