Today’s View – January 17, 2015 – Mount Airy, Md. 21771 – Townhouses
This is a market report for Townhouses in Mount Airy, Md. 21771. At the time of this report (1/17/2015) there are 7 such homes on the market FOR SALE, another 9 under contract, and 3 that have sold in the last 30 days. Thus the absorption rate (7/3) shows a 2.3 month inventory, considered a seller’s market.
Two Bedrooms
There are 3 two-bedroom townhouses in this area on the market for sale at the time of this report. These homes range in price from a low of $197,000 to $219,900 with the median being $205,000 The days on market for these homes ranges from approaching 3.5 months (100 day ) to likewise approaching 3.5 months (113 days).
There is 1 two-bedroom townhouses in the area that are under some form of contract. The last known list price of this home is $135,000 and was on the market for 2 weeks( 14 days).
In the last 30 days, no two-bedroom townhouse in the area has successfully completed the sales process.
Three Bedrooms
There are 3 three-bedroom townhouses in this area on the market for sale. These homes range in price from a low of $234,500 to $275,000 with the median being $249,999 The days on market for these homes ranges from approaching 3 months (80 day ) to over 8 months (243 days), with the median being 3.5 months (108 days).
There are 8 three-bedroom townhouses in the area that are under some form of contract. The last known list price of these homes ranged from $195,000 to $308,900, with the median being $239,748. The days on market for these homes ranges from a week (7 days) to approaching 5 months (147 days) with the median being 2.5 months (78 days).
In the last 30 days, 3 three-bedroom townhouses in the area have successfully completed the sales process. The closing price of these homes ranged from $225,000 to $292,500, with the median being $291,952. The days on market for these homes ranges from 3 weeks (23 days) to approaching 4 months (118 days) with the median being over 2 months (69 days).
Four Bedrooms
There is 1 four-bedroom townhouses in the Mount Airy currently on the market. The last known list price of this home is $237,500 and has been on the market for approaching 5 months (141 days).
There are no four-bedroom townhouses in the area that are under some form of contract and none have successfully completed the sales process in the last 30 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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