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Russ-Gelston-Milestone-February 2021

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FEBRUARY 2021 REAL ESTATE MARKET REPORT

NO HOMES FOR SALE

TAKE ADVANTAGE OF A

SELLER’S MARKET

NO HOMES AVAILABLE

Jonathan and Angela-Marie,

Now is a great time to list your home for sale! If you are planning in transitioning out of your home this year, please call me today at 301.370.6005 to get the conversation started.

9

NO

HOMES SOLD SINCE 11/01/20

HOMES PENDING

Milestone Homes Sold Since 11/01/20 BEDS

TOTAL BATHS

EST. SQ. FT.

SOLD PRICE

SOLD DATE

12215 Milestone Manor Lane

4

3.50

2,512

$627,500

12/18/20

Sold

12221 Milestone Manor Lane

4

3.50

2,426

$550,000

12/04/20

Sold

21312 Village Green Circle

4

3.50

2,650

$610,000

12/03/20

Sold

21205 Emerald Drive

4

2.50

1,966

$520,000

11/30/20

Sold

12203 Milestone Manor Lane

4

3.50

2,512

$568,000

11/30/20

Sold

12415 Milestone Manor Lane

4

3.50

2,396

$580,000

11/24/20

Sold

21306 Autumn Rose Way

3

3.50

1,432

$488,000

11/16/20

Sold

12513 Royal Crown Drive

4

2.75

2,394

$568,000

11/16/20

Sold

21522 Fox Field Circle

4

3.50

2,946

$690,000

11/12/20

STATUS

ADDRESS

Sold

Russ Gelston and RE/MAX Realty Group are not in any way affiliated with Milestone Owners Association, nor is this in any way an official advertisement or publication of Milestone. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Bright MLS between November 1st, 2020 and January 18th, 2021. Listings and sales may not be those of RE/MAX Realty Group. The Bright MLS 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.


2021 HOUSING FORECAST KEY HOUSING TRENDS IN 2021 REMOTE WORK

Despite high expectations of returning to the office, remote workers are choosing properties with dedicated office space.

SUBURBAN MIGRATION

Home shoppers are looking for an affordable space to shelter, work, learn, and live and are reporting increases in willingness to have a commute to work.

+7.0%

Mortgage rates on the move

Strong demand and more homes hitting the market equal a healthy rate of growth.

by end of 2021

Home sales are going up

65.9%

Homeownership Rate

3.4% +5.7% Home prices will hit new heights

PREPARED ESPECIALLY FOR JONATHAN AND ANGELA-MARIE WILLIAMS

Russ Gelston

REALTOR®, Associate Broker MD & VA Property Manager RE/MAX Realty Group The Wineman Team

301.370.6005

Office Phone: 301.258.7757 WinemanTeam@gmail.com www.RealEstateSold.com www.RussSellsMilestone.com Each Office Independently Owned and Operated.

This postcard is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. E&OE covered. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2021

Homes in Milestone are in high demand! With no homes on the market, now is the perfect time to take advantage of the sellers market. If you are considering a move, call me today at 301.370.6005 to take advantage of these new trends. Published by Danielle Hale, Realtor.com on December 2nd, 2020

RE/MAX Realty Group 6 Montgomery Village Ave., Suite 200 Gaithersburg, MD 20879


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