How Much Are New Home Prices in Waldorf, MD Falling?
Anyone that's looking to buy or sell a home in Waldorf or Charles County, MD needs to pay close attention to the current market trends. Yes, we're in a buyers market, and the media keeps talking about the gigantic drop that we have seen in home prices. In Charles County, overall sales prices have fallen an average of 18% over the last year.
Price Drops!
So where does this leave new homes? Well naturally new home prices have been falling as well, and it's interesting to note that last week prices on new construction built by Ryan Homes in Waldorf, MD fell $20,000! Prices have been dropping consistently over the last year, but a one time drop of roughly 6% is significant.
Ryan Homes is selling in single family homes in several subdivisions in Waldorf, including Brentwood, Autumn Hills, and Eagles Ridge. Two weeks ago the starting price in Brentwood was $330k, now that number is starting at $310k. For Autumn Hills, that number has dropped from $350k to $330k.
Low Prices Motivate Buyers
What strikes me about these communities is their popularity. Right now I'm exclusively representing two different buyers who have contracts with Ryan Homes. In both cases we looked at all the builders in the area, compared what each had to offer, and decided that Ryan Homes had the best "bang for the buck", so to speak.
If you're interested in comparing new homes in Charles County and want to make sure that you are getting the best deal possible, give me a call at 301-653-8116 and I'll be more than happy to share with you the line by line comparisons for local new construction that fits your price range. We're experts at negotiating with builders and developers to get our clients the best deal possible!
~Jonathan Benya
Century 21 New Millennium
9405-A Chesapeake St.
La Plata, MD 20646
301-653-8116
301-609-9000
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