Recently two homes came on the market on Bond Mill Road in Laurel Maryland’s, West Laurel neighborhood. One home was a short sale and the other a foreclosure.
The property at 15408 Bond Mill Rd, is a short-sale. As you know, from from my earlier post, short-sales take a long time to settle, and may not settle at all. This home was listed at $209,000 and went under contract after being on the market for just ten days.
The other home located at 15622 Bond Mill Rd is not a distress sale. This home was listed at $249,000 and sold in just four days!
Both of these homes sold quickly. This is an indication that first time home buyers feel West Laurel is a desirable place to live.