Today’s View – June 7, 2013 – Mt. Airy, Md.21771 (FrederickCounty) – Detached Homes
This is a market report for detached and semi-detached homes in the FrederickCounty portion of Mt. Airy, Md.21771. At the time of this report (06/07/2013) there are 56 such homes on the market FOR SALE, another 28 under contract, and 12 that have sold in the last 30 days. Thus the housing absorption rate (56/12) for homes of this type in the report area is 4.66 months, what is considered to be a sellers market. These home are on property ranging in size for .12 acres to one on 127.7 acres, with the median being .91 acres
Two Bedrooms
There is one two-bedroom home currently on the market. This home is listed for $249,900 and has been on the market for nearly four months (117 days). There is one two-bedroom detached home under contract at this time. The last known list price of this home being $200,000 and it was on the market for a month (28 days). No two-bedroom detached home has completed the sales process in the last thirty days in this market area.
Three Bedrooms
There are 19 three-bedroom detached homes in this area on the market for sale. These homes range in price from a low of $210,000 to $2,199,999, with the median being $350.000. The days on market for these homes ranges from a day to over 15 months (459 days) with the median being two months (56 days).
There are six three-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $123,500 to $359,000, with the median being $260.950. The days on market for these homes ranges from short of a week (3 days) to a month and a half (44 days) with the median being over two weeks (17 days).
In the last 30 days. five three-bedroom detached homes in the area have successfully completed the sales process. The closing price of these homes ranged from $265,000 to $358,000, with the median being $315,000. The days on market for these homes ranged from less than a week (3 days) to nearly three months (87 days) with the median approaching two weeks (11 days).
Four Bedrooms
There are 29 four-bedroom detached homes in this area on the market for sale. These homes range in price from a low of $325,000 to $1,699.000, with the median being $464,900. The days on market for these homes ranges from new to the market (1 day) to 11 monthns (338 days) with the median being over a months (39 days).
There are 15 four-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $249,000 to $575,000, with the median being $384,000. The days on market for these homes ranges from less than a week ( 4 days) to just over nine months (277 days) with the median being a month (33 days).
In the last 30 days, six four-bedroom detached homes in the area have successfully completed the sales process. The closing price of these homes ranged from $299,000 to $467,499, with the median being $437,459. The days on market for these homes ranged from less than a week (1 days) to over eight months (248 days) with the median being over a month (36 days).
Five Bedrooms
There are xix five-bedroom detached homes in the area on the market for sale. These homes range in price from a low of $399,900 to $519,000, with the median being $492,450. The days on market for these homes ranges from two weeks (14 days) to nearly two and a half months (73 days) with the median approaching two months (54 days).
There are five five-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $279,000 to $575,000, with the median being $365,000. The days on market for these homes ranges from less than a week (4 days) to over four months (128 days) with the median being two weeks (12 days).
In the last 30 days, one five-bedroom detached home in the area has successfully completed the sales process. This homes sold for $422,000 after being on the market for less than a week (3 days).,000 and $535,000 and were on the market for less than a week (3 days)..
Six Bedrooms
There is currently one six-bedroom detached home in the report area on the market for sale. This home is currently listed for $539,000 and has been on the market for less than two months (50 days). The is also one six-bedroom detached home under some form of contract in the report area. The lat known list price of this home is $539,000 and was on the market for two weeks (17 days). No six-bedroom home has successfully completed the sales process in the report area has successfully completed the sales process in the last 30 days.
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