Today’s View – September 4, 2015 – Mt. Airy, Md. 21771 – Detached Homes
This is a market report for existing detached homes in the incorporated town of Mt. Airy, Md. At the time of this report (9/4/15) not including new construction 24 such homes on the market FOR SALE, another 12 under contract, and 14 that have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 1.7 which is considered a sellers market.
Two Bedrooms Home
There are currently 2 two-bedroom detached homes on the market for sale in the town of Mount Airy. These homes a currently on the market for $250,000 having been on the marker for 3.5 months (105 days) and $334,000 having been on the market for 5 months (156 days).
There are currently just 1 two-bedroom detached homes under some form of contract in the town of Mount Airy. This home was last listed at $205,900 and was on the market for 1.5 years (547 days).
In the last 30 days, 1 two-bedroom detached homes in the town of Mount Airy has successfully completed the sales process. This home sold for $194,000 after being on the market for just 2 days.
Three Bedrooms Homes
There are 8 three-bedroom detached homes in the town of Mount Airy on the market for sale at this time. These homes range in price from a low of $210,000 to $350,000, with the median price being $312,400. The days on market for these homes ranges from new to the market ( 1 day) to 6 months (184 days) with the median approaching 3.5 months (99 days).
There are 5 three-bedroom detached homes in the town of Mount Airy that are under some form of contract. The last known list price of these homes ranged from $269,900 to $329,900, with the median being $284,900. The days on market for these homes ranges from under a week (8 day) to approaching 4 months (112 days) with the median approaching 2 months (58 days).
In the last 30 days, 5 three-bedroom detached home in the town of Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $178,000 to $325,000, with the median being $285,000. The days on market for these homes ranges from 1 week (8 day) to approaching 2.5 months (69 days) with the median approaching 2 weeks (10 days).
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Four Bedroom Homes
Clearly the majority of the detached homes for sale in Mount Airy are the 10 four-bedroom homes. These homes range in price from a low of $250,000 to $549,900, with the median being $374,000. The days on market for these homes ranges from new to the market (1 day) to approaching 8 months (234 days) with the median approaching 2 month (58 days).
There are 6 four-bedroom detached homes in the town of Mount Airy that are under some form of contract at the time of this report. The last known list price of these homes ranged from $190,000 to $399,950, with the median being $370,450. The days on market for these homes ranges from a week (8 days) to approaching 4.5 months (128 days) with the median being 2 month (62 days).
In the last 30 days, 7 four-bedroom detached homes in the town of Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $314,000 to $551,500, with the median being $450,000. The days on market for these homes ranges from new to the market (1 day) to approaching 4 months (113 days) with the median being 1 month (34 days).
Five Bedroom Homes
There are 3 five-bedroom detached homes in the town of Mount Airy on the market for sale. These homes range in price from a low of $385,000 to $469,000 with the median being $449,900. The days on market ranges from a week (8 days) to approaching 2 months (50 days), with the median being over a month (35 days).
There are no five-bedroom detached homes in the town of Mount Airy that are under some form of contract or have successfully completed the sales process in the last 30 days.
Six Bedroom Homes
There is 1 six-bedroom detached home in the town of Mount Airy on the market for sale at the time of this report. This home is currently listed for $395,000 and has been on the market for 3 months (87 days). While there are no six-bedroom homes in the town of Mount Airy currently under contract, 1 has successfully completed the sales process in the last 30 days. This home sold for $435,000 after being on the market for over 4 months (127 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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