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Today's View - Sept. 2, 2015 - Mount Airy, Md Townhouses

By
Real Estate Agent with Weichert Realtors - Aspen Hill MD581725

Today’s View – September 2, 2015Mount Airy, Md. 21771 – Townhouses

This is a market report for Townhouses in the Mount Airy, Md. 21771 zip code.  At the time of this report (9/2/2015) there are 16 such homes on the market FOR SALE, another 4 under contract, and 5 that have sold in the last 30 days. Thus the absorption rate (16/5) shows a 3.2 month inventory, considered a normal market.

 

Two Bedrooms

There is 1 two-bedroom townhouse in this area on the market for sale.  This home is on the market for $239,900 and has been on the market for 3 weeks (23 days).  No two-bedroom townhouse is currently under contract or has successfully completed the sales process in the last 30 days.

 

Three Bedrooms

There are 12 three-bedroom townhouses in this area on the market for sale. These homes range in price from a low of $189,900 to $300,000 with the median being $252,400  The days on market for these homes ranges from new to the market (1 day ) to approaching 5.5 months (161 days), with the median being 2.5 months (76 days).

There are 3 three-bedroom townhouses in the area that are under some form of contract.  The last known list price of these homes ranged from $185,000 to $309,500, with the median being $250,000.  The days on market for these homes ranged from over  2 weeks (17 days) to approaching 1.5 months (40 days), with the median being near the same 37 days

In the last 30 days, 5 three-bedroom townhouses in the area have successfully completed the sales process.  The closing price of these homes ranged from $223,000 to $314,999, with the median being $239,900.  The days on market for these homes ranged from a week (3 days) to just over 3 weeks (23 days), with the median being a week (9 days).

 

Four Bedrooms

There are 3 four-bedroom townhouses in this area on the market for sale. These homes range in price from a low of $227,000 to $293,000 with the median being $239,875  The days on market for these homes ranges from approaching 1 month (26 days) to 3.5 months (106 days ), with the median being over 2 months (66 days).

There is 1 four-bedroom townhouses in the area under some form of contract at this time.  The last known list price of this home is $228,900 and was on the market for approaching 7 months (200 days).  No four-bedroom townhouse in the Mount Airy zip code has 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.

Posted by

Robert J. Force
Weichert Realtors - Silver Spring / Aspen Hill
3816 International Dr        
Silver Spring, Md. 20906

            
(301) 237-2277  (c)
(301) 681-0550  (O)

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Hope this was of some value to you.

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May this FORCE be with you

Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

do you have better luck with 2,3, or 4 bedroom? we dont have very many 4 bed condos

Sep 02, 2015 01:32 PM
Bob Force (REALTOR®)
Weichert Realtors - Aspen Hill - Mount Airy, MD
The FORCE in Maryland Real Estate

Mike - These are fee simple townhouse.  As you can see the market is mostly the three bedroom configuration homes/

Sep 02, 2015 01:54 PM