Today’s View – August 20, 2013 – Mt. Airy, Md. 21771 – Detached Homes
This is a market report for detached homes in the Mt. Airy, Md.21771. At the time of this report August 20, 2013 there are 118 such homes on the market FOR SALE, another 45 under contract, and 25 that have sold in the last 30 days. Thus the housing absorption (active/sold) rate for homes of this type in the report area is 4.7 months, which is considered to be a normal market.
Two Bedrooms Homes
There are currently 3 two-bedroom detached homes on the market for sale in Mount Airy. The current list price of these homes range from $150,000 to $339,900, with the median being $275,000, The time on market ranges from less than a week (4 days) to nearly four months (109 days), with the median being a month (35 days).
There is 1 two-bedroom detached home in Mount Airy that are under some form of contract. The last known list price of this home is $119,900 and it was on the market for a week (6 days).
In the last 30 days, no two-bedroom detached home in Mount Airy has successfully completed the sales process.
Three Bedrooms Homes
There are 31 three-bedroom detached homes in Mount Airy on the market for sale at this time. These homes range in price from a low of $210,000 to $2,199,999, with the median being $349,900. The days on market for these homes ranges from a week (8 days) to over 17 months (532 days) with the median being two month (62 days).
There are 13 three-bedroom detached homes in Mount Airy that are under some form of contract. The last known list price of these homes ranged from $199,900 to $385,000, with the median being $279,900. The days on market for these homes ranges from brand new to the market to over five months (155 days) with the median approaching three weeks (19 days).
In the last 30 days, 6 three-bedroom detached home in the Mount Airy have successfully completed the sales process. The closing prices of these homes ranged from $315,000 and $352,000, with the median being $327,450 The days on market for these homes ranges from two weeks (15 days) to over two months (69 days) with the median being nearly a month and a half (43 days).
Four Bedrooms Homes
Clearly the majority of the detached homes for sales in the Mount Airy are the 66 four-bedroom detached homes. These homes range in price from a low of $314,900 to $1,547,000, with the median being $471,538. The days on market for these homes ranges from a day to over 20 months (614 days) with the median being just over two months (67 days).
There are 24 four-bedroom detached homes in Mount Airy that are under some form of contract. The last known list price of these homes ranged from $279,000 to $699,999, with the median being $432,450. The days on market for these homes ranges from new to the market (1 day) to seven and a half months (228 days) with the median being slightly over a month (37 days).
In the last 30 days, 14 four-bedroom detached home in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $249,900 to $650,000, with the median being $438,700. The days on market for these homes ranges from less than a week (5 days) to over nine months (277 days) with the median approaching a month (27 days).
Five Bedrooms Homes
There are 13 five-bedroom detached homes in Mount Airy on the market for sale. These homes range in price from a low of $379,900 to $899,000, with the median being $584,900. The days on market for these homes ranges from nearly two weeks (12 days) to approaching six months (171 days) with the median being over two and a half months (79 days).
There are 5 five-bedroom detached homes in Mount Airy that are under some form of contract. The last known list price of these homes ranged from $355,000 to $575,000, with the median being $490,000. The days on market for these homes ranges from a month and a half (43 days) to over four months (128 days) with the median being over two and a half months (77days).
In the last 30 days, 3 five-bedroom detached home in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $335,000 to $590,000, with the median being $550,000. The days on market for these homes ranges from a single day to just over a month (38 days) with the median being just over two approaching two weeks (16 days).
Six Bedrooms Homes
There are 3 six-bedroom detached homes in Mount Airy on the market for sale. These homes range in price from a low of $539,000 to $975,000, with the median being $754,667. The days on market ranges from (4 days) to four months (123 days) with the median being two months (64 days).
There are two six-bedroom detached home under contract at this time. The last known information these homes being, one currently listed for $345,000 and was on the market for 10 days, while the other was listed at $499,000 and went under contract after 43 days.
In the last 30 days, 2 six-bedroom detached homes in Mount Airy successfully completed the sale process. One home sold for $539,900 after being on the market for just three weeks, while the other sold for $700,000 after being on the market for just a week.
Seven Bedrooms Homes
There are 2 seven-bedroom detached homes in Mount Airy on the market for sale at this time. One home is currently listed at$750,000 and has been on the market for eight months (246 days), while the other is listed for $799,000 and has been on the market for nearly two months (50 days). There are no seven-bedroom detached homes in Mount Airy currently under any form of contract, nor has any completed the sales process in the last thirty days.
If you have any questions about this report, please contact me. I look forward to helping you with your real estate needs.
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