Is Damascus, MD 20872 a buyer’s or seller’s market?
Damascus is a seller’s market. With about 2.6 months of supply and 40% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.6Under 4 months = seller’s market
Sold above original list40%Share of sales, last 3 months
Median sale-to-list100.8%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$252▲ +5.4% vs. last year
Run the numbers for 20872
Nearby markets
Ashton 20861Seller’s market $224 /sq ftBarnesville 20838 $218 /sq ftBethesda 20814Seller’s market $425 /sq ftBethesda 20816Seller’s market $495 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology