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The Lockwood Report: Daily Damascus Housing Market Update for Jan 26th, 2021As of Tuesday, Jan 26th, 2021, in Damascus there are a total of 12 active residential homes for sale, 18 pending listings and 11 properties sold in the most recent 30 day period. The average list price for all active residential listings in Damascus is $757,270, while the average asking price for properties new on market in the last 30 days is $605,200. Residential homes for sale in Damascus sold at an average price of $496,586 while newly listed properties came in higher on average, at $605,200.
Homes for sale in Damascus are currently selling faster than new listings are coming on the market. For the most recent 30 day period, 11 properties sold and 11 came on the market. In summary, homes sold outpaced new listings by 0. As a point of reference, in the month prior, there were 28 sold listings and 10 properties that newly went on the market. Keep an eye on the number of pending listings in Damascus (currently 18) because an increase or decrease in pending sales can sometimes shed light on the coming month's sales figures.
*A zero result on the above Damascus graph means that no properties sold in the respective price range during the month indicated.