Andy Pagano-Norbeck Estates-August 2019

ANDY PAGANO

RE/MAX Success 10244 River Road Potomac, MD 20854

REALTOR® | RE/MAX Success

Direct: 240.506.6990 Office: 240.252.5833

NORBECK ESTATES

Homes@AndyPagano.com www.AndyPagano.com www.NorbeckEstatesHomes.com

www.NorbeckEstatesHomes.com

Each Office Independently Owned and Operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2019

August 2019 Real Estate Market Report

NORBECK ESTATES FEATURED LISTING

by Andy Pagano

UNDER CONTRACT Offered at $625,000

16613 Winterwoods Court Jonathan and Angela-Marie, If you would like your home professionally marketed and featured in my publications, which are mailed to hundreds of potential buyers every month, call me at 240.506.6990.

4 BEDS

2.5 BATHS

2,300 ABOVE GRADE EST. FINISHED SQ. FT.

PRESENTED BY ANDY PAGANO Your Norbeck Estates Real Estate Specialist

PREPARED ESPECIALLY FOR

Jonathan and Angela-Marie Williams

ANDY PAGANO

DO YOU KNOW THE TRUE VALUE OF YOUR HOME?

REALTOR | RE/MAX Success ®

Direct: 240.506.6990 Office: 240.252.5833

Receive the most accurate assessment of your home’s value, provided to you as a complimentary service by Andy Pagano,

Homes@AndyPagano.com www.AndyPagano.com www.NorbeckEstatesHomes.com

your Norbeck Estates real estate specialist. You will not be contacted with any other solicitation.

Proudly Serving Montgomery County Since 2004

WWW.NORBECKESTATESHOMES.COM

NORBECK ESTATES MARKET REPORT

2ND QUARTER

NORBECK ESTATES

JONATHAN AND ANGELA-MARIE, If you’re curious about your home’s current value, whether for future sale, estate planning, or

Homes Currently Listed in Norbeck Estates Status Active Active Active Active

Address 16705 George Washington Drive 4833 Powder House Drive 16701 George Washington Drive 4533 Minuteman Drive

Beds 4 4 4 4

Total Baths 2.5 3.5 2.5 3.5

Estimated Finished Sq. Ft.* 3,100 2,500 3,100 3,000

List Price $598,000 $608,000 $679,900 $734,900

Homes Currently Pending in Norbeck Estates There is one home currently pending in Norbeck Estates.

For more information on any listings, give me a call at 240.506.6990.

Homes Recently Sold in Norbeck Estates Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address 5228 Continental Drive 16608 Summertree Court 16629 Cutlass Drive 16808 George Washington Drive 16605 George Washington Drive 16509 George Washington Drive 4556 Minuteman Drive 17016 Freedom Way 16908 George Washington Drive 17104 Cherry Valley Court

Beds 4 4 4 4 4 4 4 5 4 4

Total Baths 2.5 4.0 3.5 2.5 2.2 2.5 3.5 2.2 2.2 3.5

Estimated Finished Sq. Ft.* 2,300 2,600 2,600 2,100 2,100 2,300 3,100 2,500 2,300 2,600

List Price $619,900 $659,000 $715,000 $599,900 $579,000 $575,000 $739,900 $559,900 $599,900 $599,900

Sold Price $633,000 $649,000 $727,000 $600,000 $579,000 $575,000 $739,900 $533,000 $599,900 $627,000

Sold Date 07/09/19 06/28/19 05/29/19 05/21/19 05/17/19 03/28/19 03/19/19 03/15/19 03/05/19 02/19/19

Andy Pagano and RE/MAX Success are not in any way affiliated with Norbeck Estates Home Owners Association, nor is this in any way an official advertisement or publication of Norbeck Estates. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the BrightMLS between February 19th, 2019 and July 15th, 2019. 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 to nearest hundred.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2019

any other reason, call me today at 240.506.6990. Let my marketing go to work for you!

4

REAL ESTATE REVIEW

Jonathan and Angela-Marie, This statistical analysis represents the current market trends during the second quarter in Norbeck Estates. For an in-depth analysis of your home’s value, call me today at 240.506.6990 for a complimentary evaluation.

TOTAL SALES ACT NOW - IT’S A SELLER’S MARKET

$620,250 AVERAGE SOLD PRICE LOW: $575,000 | HIGH: $727,000

99.9% AVERAGE SOLD PRICE/ LIST PRICE RATIO LOW: 98.1% | HIGH: 101.7%

16

AVERAGE DAYS ON MARKET

LOW: 8 | HIGH: 31

Data based on listings from BrightMLS from April 1st, 2019 to June 30th, 2019. Information deemed accurate but not guaranteed.