Today’s View – April 1, 2016 – Mt. Airy, Md. 21771 – Detached Homes
This is a market report for detached homes in Mt. Airy, Md. 21771. At the time of this report (04/01/16) not including new construction 86 such homes on the market FOR SALE, another 56 under contract, and 23 that have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 3.73, which is considered a sellers market.
Two Bedrooms Home
There are currently 2 two-bedroom existing detached home on the market for sale in Mount Airy. These homes range in price from a low of $107,900 on the market of approaching 3 weeks (19 days), and $137,800 being new to the market (1 day).
There are currently 2 two-bedroom existing detached home under some form of contract in Mount Airy. The last known list price of these homes being $179,900 after being n the market for approaching 5 months (143 days), and $219,000 after having been on the market for 10 months (304 day).
In the last 30 days, n1 two-bedroom existing detached home in Mount Airy has successfully completed the sales process. This home sold for $279,000 after being on the market for approaching 2 months and sold for 97.8 % of the last known list price.
Three Bedrooms Homes
There are 22 three-bedroom existing detached homes in Mount Airy on the market for sale at this time. These homes range in price from a low of $189,900 to $1,999,900, with the median price being $344,950. The days on market for these homes ranges from new to the market (1 day) to 27 months (816 days) with the median being 2 months (61 days).
There are 18 three-bedroom detached homes in Mount Airy that are under some form of contract. The last known list price of these homes ranged from $144,900 to $599,900, with the median being $290,000. The days on market for these homes ranges from new to the market (2 day) to approaching 6.5 months (191 days) with the median being 2.5 months (77 days).
In the last 30 days, 6 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $235,000 to $367,000, with the median being $247,500 The days on market for these homes ranged from 1 week (9 days) to 6.5 months (196 days), with the median being 1.5 months (49 days). While some the homes sold for the last known list price, the median closing cost was 98.3 % of the last known list price. Four of the sellers gave closing cost assistance with the median being $7,650.
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Four Bedroom Homes
There are 40 four-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $144,900 to $849,900, with the median being $485,000. The days on market for these homes ranges from new to the market ( 1 day) to over 4 years (1569 days) with the median approaching 1.5 month (45 days).
There are 27 four-bedroom detached homes in Mount Airy that are under some form of contract. The last known list price of these homes ranged from $229,900 to $635,000, with the median being $405,000. The days on market for these homes ranges from approaching 1 week (3 day) to 10.5 months (314 days) with the median approaching 2 months (52 days).
In the last 30 days, 11 four-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $399,900 to $599,900, with the median being $460,000. The days on market for these homes ranges from approaching 1 week (4 days) to approaching 4 months (108 days) with the median 2 weeks (15 days). While some the homes sold for the less than the last known list and some for more, the median closing cost was 100 % of the last known list price. Eight of the sellers gave closing cost assistance with the median being $9,165.
Five Bedroom Homes
There are 17 five-bedroom detached homes in Mount Airy on the market for sale. These homes range in price from a low of $324,900 to $679,000, with the median being $479,900. The days on market for these homes ranges from new to the market (1 day) to approaching 7 months (207 days) with the median being 1 month (29 days).
There are 9 five-bedroom detached homes in Mount Airy that are under some form of contract at this time. The last known list price of these homes ranges from $324,900 to $699,900, with the median being $449,900. The days on market for these homes ranges from new to the market (1 day) to 7 months (210 days), with the median approaching 2.5 months (65 days).
In the last 30 days, 4 five-bedroom detached home in Mount Airy has successfully completed the sales process. The closing price of these homes ranged from $285,000 to $765,000, with the median being $587,500. The days on market for these homes ranges from a week (5 days) to approaching 4 months (115 days) with the median approaching 1 month (25 days). While some the homes sold for the less than the last known list and some for more, the median closing cost was 100 % of the last known list price. Three of the sellers gave closing cost assistance with the median being $9,500.
Six Bedroom Homes
There are 4 six-bedroom detached homes in Mount Airy on the market for sale. These homes range in price from a low of $264,900 to $674,900, with the median being $559,919. The days on market for these homes ranges from new to the market ( 1 day) to approaching 7.5 months (220 days) with the median being 2 weeks (15 days).
There are no six-bedroom detached homes in Mount Airy currently under contact.
There is 1 six-bedroom detached home in Mount Airy to have successfully completed the sales process in the last f30 days. This home sold for $800,000 having been on the market for 1 week (6 days). This home sold for 96.9 % of the last known list price and no seller closing cost assistance was given.
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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