Today’s View – March 21, 2016 – Mount Airy, Md. 21771 – Townhouses
This is a market report for Townhouses in Mount Airy, Md. 21771. At the time of this report (3/21/16) there are 5 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 (5/3) shows a 1.66 month inventory, a seller’s market.
Two Bedrooms
There are no two-bedroom townhouses in this market area on the market for sale at the time of this report. There is 1 two-bedroom townhouse in this area under some form of contract. The last known listed price of this home is $234,900 and has been on the market for 1 month (30 days). No two-bedroom townhouse has successfully completed the sales process in the last 30 days either.
Three Bedrooms
There are 5 three-bedroom townhouses in this area on the market for sale. These homes range in price from a low of $224,900 to $309,900 with the median being $289,000 The days on market for these homes ranges from approaching 2 weeks (10 day ) to approaching 5 months (140 days), with the median being 3 weeks (21 days).
There are 8 three-bedroom townhouses in the area that are under some form of contract. The last known list prices of these homes range in price from a low of $152.000 to $314,900 with the median being $227,200 The days on market for these homes ranges from 1 week (5 day ) to approaching 6 months (173 days), with the median being 1 month (32 days).
In the last 30 days, 3 three-bedroom townhouses have successfully completed the sales process. These homes closed for between $219,900 and $299,500; with the median being $299,000. The days of market for these homes ranged from 2 week (16 days) to approaching 2.5 months (72 days); with the median also approaching 1 month (29 days).
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Four Bedrooms
While there are four-bedroom townhouses in the market area, there are no four-bedroom in this area on the market for sale, none are under contract at this either, and none that have successfully completed the sales process in the last 30 days.
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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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