Today's View - Dec. 26, 2016 - Monrovia Md. detached homes

By
Real Estate Agent with Weichert Realtor - New Colony MD581725

Today’s View – Dec 26, 2016Monrovia, Md. 21770

This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (12/26/2016) there are 10 such homes on the market FOR SALE, another 5 under contract, and 4 that have sold in the last 30 days.   That give us an absorption rate (active/30 day sale) of 2.5, what is considered to be a sellers market. 

While the lot sizes range from .25 acres to 11.08 acres, the median lot size is 1.48 acres.  Of the 19 homes, while 2 have no garage space 16 come with 2 car garage spaces, 

 

Three Bedrooms

There is 1 three-bedroom existing detached homes in this area on the market for sale. The current list price of this home is $699,900 having been on the market for 3 months ( 91 days).

There are 2 three-bedroom existing detached homes in this area under some form of contract. The last known list price of these being $307,800 after being on the market for approaching 3 weeks (17 days); with the other $3750,000 being on the market for approaching 4 months (127 days).

in the last 30 days, 1 three-bedroom existing detached home in Monrovia has successfully completed the sales process.  This home sold for $313,000 after being n the market for approaching 2 weeks (10 days)..

 

Four Bedrooms

There are 6 four-bedroom existing detached homes in this area on the market for sale. The current list price of these ranges from a low of $325,900 to $699,900 with the median being $474,900.  The days on market for these homes ranges from 1 month (28 days) to approaching 6 months (173 days) with the median being 2 months (63 days).

There are 2 four-bedroom existing detached homes in this area under some form of contract. The last known list price of these being 489,900 after being on the market for 2 months (68 days) and $509,900 after being on the market for 3 weeks (21 days).

In the last 30 days, another 2 four-bedroom existing detached home in Monrovia have successfully completed the sales process.  These homes sold for $415,000 after being on the market for approaching 1.5 months (39 days) and $509,900 after being on the market for a day.

 

Five Bedrooms

There are 3 five-bedroom existing detached homes in this area on the market for sale. The current list price of these ranges from a low of $334,900 to $649,000 with the median being $500,000.  The days on market for these homes ranges from 2 weeks (12 days) to approaching 1.5 months (38 days) with the median approaching 3 weeks (17 days).

There is 1 five-bedroom existing detached home in this area under some form of contract. The last known list price of this home is $439,000 having been on the market for approaching 3 weeks (18 days).

In the last 30 days, 1 five-bedroom existing detached homes has successfully completed the sales process. This home sold for $389,000 after being on the market for 4 months (110 days).

 

 

Six Bedrooms

While there are six-bedroom existing detached homes in Monrovia, Md; currently there are none on the market for sale, no under any contract, and none that have not completed the sales process in the last 30 days.

 

If you have any questions about this report, please call me or send me an email.  I look forward to helping you with your real estate needs.

Posted by

Robert J. Force
Weichert Realtors - New Colony
141 S Main Street #202             
Mount Airy, Md. 21771 

            
(301) 237-2277  (c)
(301) 703-8605  (O)
Website
Blog

Hope this was of some value to you.

Please ICE your cellphones!

May this FORCE be with you

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Maryland Frederick County Monrovia
Groups:
The Art Of Marketing You
1st Time Buyers
The Ninety-ninth Percentile
Market Reports
Tags:
md realtor
monrovia
detached homes
dec 2016

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
607,241

Bob Force (REALTOR®)

The FORCE in Maryland Real Estate
Looking for more information
*
*
*
*
Spam prevention