Today’s View – Jan. 30, 2017 – Monrovia, Md. 21770
This is a market report on existing detached homes in Monrovia, Md. 21770. At the time of this report (1/30/17) there are 6 such homes on the market FOR SALE, another 8 under contract, and 6 that have sold in the last 30 days. The absorption rate (Active/Sold in 30 days) is 1, clearly a seller market.
While the lot sizes range from .59 acres to 11.08 acres, the median lot size is 1.34 acres. Of the 21 homes talked about in this report, while 4 have no garage space 13 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 4 months (126 days).
There is 1 three-bedroom existing detached homes in this area under some form of contract. The last known list price of this home is $357,000 and it was on the market for only a day (1 day).
in the last 30 days, 2 three-bedroom existing detached home in Monrovia have successfully completed the sales process. These homes sold for $295,000 after being on the market for approaching 6 months (174 days), while the other sold for $378,000 after being on the market for 4 months (127 days).
Four Bedrooms
There are 3 four-bedroom existing detached homes in this area on the market for sale. The current list price of these ranges from a low of $475,000 to $660,000 with the median being $574,900. The days on market for these homes ranges from approaching 3 months (80 days) to approaching 7 months (208 days) with the median approaching 4 months (118 days).
There are 5 four-bedroom existing detached homes in this area under some form of contract. The last known list price of these homes ranges from a low of $225,900 to $539,000 with the median being $331,000The days on market for these homes ranges from 1 week (6 days) to approaching 1.5 months (38 days) with the median being 2 weeks (15 days).
In the last 30 days, 3 four-bedroom existing detached home in Monrovia has successfully completed the sales process. These existing detached homes sold for between $326,000 and $500,000, with the median being $480,000. The days on market for these homes ranges from approaching 3 weeks (21 days) to approaching 3 months (83 days) with the median beig 2 months (68 days).
Five Bedrooms
There are 2 five-bedroom existing detached homes in this area on the market for sale. The current list price of these homes being $398,000 after being on the market for 2 weeks (14 days) and $500,000 after being on the market for approaching 2.5 months (73 days).
There is 2 five-bedroom existing detached home in this area under some form of contract. The last known list price of these homes being $334,900 after being on the market for 2 weeks (13 days) and $649,900 after being on the market for 1.5 months (44 days).
In the last 30 days, 1 five-bedroom existing detached homes has successfully completed the sales process. This existing detached home sold for $430,000 after being on the market for approaching 3 weeks (18 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.
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