Today's View - Sept 22, 2017 - Monrovia, Md. detached homes

By
Real Estate Agent with Weichert Realtor - New Colony MD581725

Today’s View – Sept. 22, 2017Monrovia, Md. 21770

This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (9/22/17) there are 12 such homes on the market FOR SALE, another 12 under contract, and 6 that have sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 2.00, a seller market.

While the lot sizes range from .13 acres to 9.05 acres, the median lot size is 1.33 acres.  Of the 30 homes talked about in this report, while 9 have no garage space, and 17 come with 2 car garage spaces.

 

Two Bedrooms

There is at the time of this report, no two-bedroom detached homes are on the market for sale in Monrovia.

There is 1 two-bedroom detached homes in Monrovia currently under some form of contract.  The last known list price of this home is $259,000 and was on the market for approaching 4 months (104 days).

In the last 30 days, 1 two-bedroom detached home has successfully completed the sale process.  This home sold for $194,000 after being on the market for approaching 2 weeks (10 days).

 

Three Bedrooms

There are 5 three-bedroom existing detached homes in this area on the market for sale. The current list price of these ranges from a low of $249,900 to $579,900 with the median being $449,900.  The days on market for these homes ranges from 2 weeks (13 day) to approaching 6 months (176 days) with the median approaching 2 months (57 days).

There are 5 three-bedroom existing detached homes in this area under some form of contract. The last known list price of these ranges from a low of $329,900 to $399,999 with the median being $339,998.  The days on market for these homes ranges from 1 week (9 days) to 2 month (62 days) with the median being 2 weeks (14 days).

In the last 30 days, 3 three-bedroom existing detached home in Monrovia has successfully completed the sales process.  These sold for between $275,000 and $510,000, with the median being $340,000.  The days on market ranged from new to the market (3 days) to 4 months (117 days), with the median being 1 week (9 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 $425,000 to $549,000 with the median being $488,500.  The days on market for these homes ranges from 1 week (7 days) to approaching 2.5 months (70 days) with the median being 1 month (33 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 $324,900 to $524,800 with the median being $419,900. The days on market for these homes ranges from 1.5 months (46 days) to approaching 5 months (141 days) with the median being 2 months (60 days).

In the last 30 days, no four-bedroom existing detached home in Monrovia has successfully completed the sales process.  

 

Five Bedrooms

There is 1 five-bedroom existing detached homes in this area on the market for sale at the time of this report. The current list price of these ranges from a low of  $659,900 after being on the market for 3 months (93 days).

There is 1 five-bedroom existing detached homes in this area under some form of contract. The last known list price of this home is $289,900 and was on the market for 2 months (62 days).

In the last 30 days, 2 five-bedroom existing detached homes has successfully completed the sales process.  These homes sold for $395,000 after being on the market for 2 months (62 days) and $460,000 after being on the market for approaching 3 months (79 days).

 

 

Six Bedrooms

While there are six bedroom detached homes in Monrovia, there a none on the market, none under any form of contract, and none that have successfully completed the sale 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)
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Hope this was of some value to you.

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May this FORCE be with you

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