Damascus MD Real Estate


Damascus Maryland is a small town of about 11,500 people.  It is located at the highest point of Upper Montgomery County, at the intersection of two major roads; Ridge Road (Route 27) and Damascus-Laytonsville Road (Route 108).  Also running through town is Woodfield Road (Route 124).  Founded in 1816, Damascus has always been the commercial "crossroads" of the surrounding rural areas.

Recent decades have seen much of the farmland around Damascus converted to housing.  Commercial growth and the arrival of corporate offices to Montgomery County has drawn new residents to the area. Damascus MD's surrounding area still remains predominantly rural, however, and Damascus remains a commercial center for the rural communities of Clagettsville, Browningsville, Cedar Grove, Woodfield, King's Valley, Purdum and Lewisdale.

Magruder Trail and nearby Butler’s Orchard are some of the variety of amenities and outdoor recreational options that Damascus has to offer.

Education

The public schools in Damascus MD are governed by the Montgomery County Public Schools system. It has several elementary schools, one middle school and one high school.

Damascus MD Real Estate

In the quarter ending March 2008 the average home price in Damascus MD was about $420,000, up 19.5% over the last quarter.  There were 5 homes sold.

Because of recent growth, some Damascus real estate that was once farmland has made way for new housing. Here, buyers will find great potential for growth in incomes and property values, but you need a local market expert to help you.  Rick Thompson is an experienced real estate professional who has had more than 15 of home buying and selling experience in the Damascus MD area, overseeing more than 900 real estate transactions.  Over the past few years we have built a complete team to serve you better!  We are never to busy for you or your refferals.  For true local and knowledgeable service in the Damascus MD real estate market, contact Rick directly at (301) 758-1059 or fill in the form below.


 


Keeping An Eye on The Market in Damascus MD


20872

2008

2007

% Change

 

 

Average Sold Price:

$429,143

$378357

13.42%

Total New Listings:

25

Total Units Sold:

11

14

-21.43%

Total Properties Marked Contract:

4

Avg. Days On Market:

85

85

0%

Total Properties Market Contingent Contract:

3

Avg Sale Price as a % of Avg List Price:

88.61% 

94.88%

-6.27%

Total Number of Active Listings:

121

20882

 

 

 

 

 

Average Sold Price:

$539,900

$573,250

-5.82%     

Total New Listings:

15

Total Units Sold:

10

14

-28.57%

Total Properties Marked Contract:

5

Avg. Days On Market:

161

96

67.71%

Total Properties Marked Contingent Contract:

3

Avg Sale Price as a % of Avg List Price:

91.8%

95%

-3.2%

Total Number of Active Listings:

113

  • Statistics are for the month June     
  •  Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
    Copyright 2008 - Information deemed reliable, but is not guaranteed.


Questions about Damascus?



If you would like assistance in matching Damascus MD properties with neighborhoods with schools, please contact Rick at the number given above or fill out the form below. 

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Rick Thompson
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Phone: 301-758-1059
Other: 301-758-2679
Cell: 301-758-1059
Fax: 301-253-0214

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