ANDY PAGANO
RE/MAX Success 10244 River Road Potomac, MD 20854
REALTOR® | RE/MAX Success
Direct: 240.506.6990 Office: 240.252.5833
CLOPPER’S MILL WEST
Homes@AndyPagano.com www.AndyPagano.com www.CloppersMillWestHomes.com
www.CloppersMillWestHomes.com
Each Office Independently Owned and Operated.
August 2020 Real Estate Market Report Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2020
YO U H O L D T H E POWER. IT’S A SELLER’S MARKET!
THE MARKET IS HOT! NOW IS THE TIME TO ACT! HIGH BUYER DEMAND
HISTORICALLY LOW INTEREST RATES
LOW HOUSING INVENTORY
PRESENTED BY ANDY PAGANO Your Clopper’s Mill West Real Estate Specialist
Johnathan and Angela-Marie, With interest rates remaining low and home prices increasing at a healthy pace, homes in Clopper’s Mill West are in high demand. If you are planning on selling, contact Andy today at 240.506.6990 to create a safe and effective plan that works for you and your family.
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams
JUST SOLD OVER ASKING!
ANDY PAGANO REALTOR® | RE/MAX Success
18456 CROWNSGATE CIRCLE
Direct: 240.506.6990 Office: 240.252.5833
4 Beds | 2.2 Baths | 4,424 Est. Sq. Ft. Sold in ONLY 6 Days for $650,000
Homes@AndyPagano.com www.AndyPagano.com www.CloppersMillWestHomes.com
Would you like to achieve the same exceptional results for your home? Call Andy today at 240.506.6990 to get the conversation started!
Proudly Serving Montgomery County Since 2004 Homes Currently Listed in Clopper’s Mill West Status
Address
Active
17720 Cricket Hill Drive
Property Type
Beds
Total Baths
Estimated Finished Sq. Ft.*
Detached
4
3.1
3,500
List Price $685,000
Homes Currently Pending in Clopper’s Mill West There are 4 Homes Currently Pending in Clopper’s Mill West. For more information on any listing, give me a call at 240.506.6990.
Homes Sold in Clopper’s Mill West in the Past 6 Months Status Address
Property Type
Beds
Total Baths
Estimated Finished Sq. Ft.*
List Price
Sold Price
Sold Date
Sold
13407 Smokewood Terrace
Townhouse
4
3.1
1,700
$399,000
$405,000
07/17/20
Sold
13618 Ansel Terrace
Townhouse
4
3.1
1,800
$420,000
$420,000
07/17/20
Sold
13524 Sanderling Place
Sold
13506 Ansel Terrace
Sold
Detached
4
3.1
3,100
$695,000
$715,000
07/17/20
Townhouse
3
3.1
1,700
$415,000
$410,000
07/08/20
13530 Sanderling Place
Detached
5
3.1
2,900
$714,000
$700,000
06/23/20
Sold
13315 Queenstown Lane
Detached
4
2.1
2,500
$565,000
$561,500
05/18/20
Sold
17900 Red Rocks Drive
Detached
4
2.2
2,600
$589,500
$590,000
05/15/20
Sold
18022 Red Rocks Drive
Detached
4
3.1
2,000
$572,000
$572,000
05/01/20
Sold
17804 Cricket Hill Drive
Detached
5
4.1
3,700
$734,900
$724,000
04/23/20
Sold
17716 Cricket Hill Drive
Sold
13432 Ansel Terrace
Sold Sold
Detached
4
3.1
2,800
$668,000
$668,000
04/14/20
Townhouse
3
2.1
1,700
$430,000
$430,000
04/10/20
17703 Cricket Hill Drive
Detached
5
3.1
2,900
$660,000
$660,000
03/31/20
18031 Red Rocks Drive
Detached
4
3.1
2,500
$590,000
$590,000
03/12/20
Andy Pagano and RE/MAX Success are not in any way affiliated with Clopper’s Mill Home Owners Association, nor is this in any way an official advertisement or publication of Clopper’s Mill. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the BrightMLS between January 1st, 2020 and July 27th, 2020. Listings and sales may not be those of RE/MAX Success. The BrightMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Estimated Square Feet rounded down to nearest hundred.
ASK ME ABOUT MY BUY/SELL PROGRAM!
RECENT SUCCESS!
THE SUMMER RECOVERY MARKET IS HERE!
Real estate activity is inching closer to January trends, nearly half way through the path to a full recovery. As the market heads into the summer, two of the four recovery index components remain above their January baseline. Housing Demand remained visibly above recovery. Homebuyer interest recovered quickly and remains high as low mortgage rates, virtual tools, and lockdown lifts have enabled buyers to continue the search. Home Price moved further past the recovery threshold. Prices have regained momentum as the mix of inventory shifts back toward higher priced homes and demand for entry-level properties surges. Housing Supply continues to follow a path to recovery. While lockdown measures subside and foot traffic resumes, we have yet to see normal levels of listings enter the market. Inventory is critically low! Pace of Sales has started to stabilize. As more buyers and sellers reunite, days on market may decrease. Buyers eager to capitalize on historically low interest rates are looking to take advantage of unique market conditions.
Make 2020 Your Best Year! JOHNATHAN AND ANGELA-MARIE, Position your home above the rest. Call me today at 240.506.6990 for more details and find out how my exceptional listing service, marketing savvy, and negotiation expertise can work for you!
Johnathan and Angela-Marie, Selling your property during the upcoming months could realize a great return on your investment. Contact me today at 240.506.6990 for a no-obligation market analysis of your home.