Andy Pagano-Norbeck Estates-February 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.

February 2019 Real Estate Market Report

YEAR-END

0

CURRENT LISTINGS

NORBECK ESTATES IS IN A

SELLER’S MARKET!

NORBECK ESTATES REAL ESTATE REVIEW

SOLD PRICE

LOW

+2.2% from 2017

HIGH

TOTAL SALES 12 Fewer than 2017

$414,000 $580,000

MEDIAN

$659,000

11 TOTAL SALES

41

98.59%

DAYS ON MARKET

AVERAGE SP/LP

12 Days Shorter

+0.2%

than 2017

from 2017

PRESENTED BY ANDY PAGANO Your Norbeck Estates Real Estate Specialist

Jonathan and Angela-Marie, This statistical analysis represents the average comparisons of 2018 over 2017 for Norbeck Estates. For an in-depth analysis of your home’s value, call me today at 240.506.6990 for a complimentary evaluation.

Data based on listings from BrightMLS from January 1st to December 31st, 2017 and 2018. Information deemed accurate but not guaranteed.

PREPARED ESPECIALLY FOR

Jonathan and Angela-Marie Williams

DO YOU KNOW THE TRUE VALUE OF YOUR HOME?

ANDY PAGANO 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

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

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

Proudly Serving Montgomery County Since 2004

WWW.NORBECKESTATESHOMES.COM

4

NORBECK ESTATES MARKET REPORT JONATHAN AND ANGELA-MARIE, If you’re curious about your home’s current value, whether for future sale, estate planning, or any other reason, call me today at 240.506.6990. Let my marketing go to work for you!

REASONS TO LIST YOUR HOUSE THIS SPRING

Homes Currently Listed in Norbeck Estates There are NO homes currently listed in Norbeck Estates.

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

DEMAND IS STRONG Buyers are out in force looking for their dream homes! Buyers are often competing with one another for the listings that are available. According to NAR, the median days on the market for a listing was only 42 days!

Homes Currently Pending in Norbeck Estates There are NO homes 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

Address 4817 Cherry Valley Drive 4513 Valley Forge Drive 16813 George Washington Drive 4509 Minuteman Drive 4701 Powder House Drive 4708 Powder House Drive 4740 Powder House Drive 4735 Powder House Drive 16712 Cutlass Drive

Beds 4 4 4 4 4 6 5 4 4

Total Baths 2 .50 2 .50 2 .50 2 .75 2 .50 3 .00 2 .50 2 .75 2 .75

Estimated Square Feet* 2,400 2,300 2,000 2,400 2,900 2,200 3,700 3,000 2,300

List Price $463,000 $414,000 $549,000 $600,000 $559,900 $599,000 $629,000 $589,000 $614,900

Sold Price $460,000 $414,000 $540,000 $600,000 $558,000 $599,000 $640,000 $580,000 $600,000

Sold Date 12/28/18 10/19/18 09/25/18 08/24/18 08/06/18 06/22/18 05/18/18 04/20/18 04/16/18

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 May 16th, 2018 and February 4th, 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.

THE PROCESS WILL BE QUICKER Today’s competitive environment has forced buyers to get pre-approved for their mortgage financing. This makes the entire selling process much faster and much simpler as buyers know exactly what they can afford before home shopping.

LONGER DAYS Clocks spring forward in March and the days get longer; this means more sunlight and more time for buyers to go out and about looking at homes such as yours. You’ve got a pool of potential buyers who will use these longer days wisely.

BETTER CURB APPEAL Spring will bring the best out of your home. If you have a yard with flowers, trees, and green grass, why wouldn’t a buyer fall in love with it? Take advantage of this free bonus of better curb appeal in the spring!

Jonathan and Angela-Marie, I am here to help you take advantage of the spring season.

Call me today at 240.506.6990 to receive a FREE, NO OBLIGATION home assessment.

ASK ME ABOUT MY BUY/SELL PROGRAM!

Make 2019 Your Best Year!

JONATHAN 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!