Today’s View – July 02, 2018 – Mt. Airy, Md. 21771 – Detached Homes
This is a market report for existing detached homes in Mt. Airy, Md. 21771. At the time of this report (7/2/2018) not including new construction 83 such homes are on the market FOR SALE, another 52 under contract, and 40 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 2.08 which is considered a seller’s market
While the minimum lot size is just .12 acres and the maximum lot size is 178.91 acres, the median is 1.06 acres.
Two Bedrooms Home
Currently, there are 2 two-bedroom existing detached homes on the market for sale in Mount Airy. These homes are currently listed for $299,900 after being on the market for 2 months (59 day) and $450,000 after being on the market for 1.5 months (43 days).
Currently, there are no two-bedroom existing detached home under any form of contract in Mount Airy, Md. and none that have successfully completed in the sales process in the last 30 days.
Three Bedrooms Home
There are 16 three-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $204,900 to $799,000, with the median price being $352,450. The days on market for these homes ranges from approaching a week (3 days) to 15.5 months (467 days) with the median being 1.5 months (47 days).
There are 14 three-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 $450,000, with the median being $382,400. The days on market for these homes ranges from new to the market (2 days) to approaching 3.5 months (99 days) with the median being 3 weeks (23 days).
In the last 30 days, 5 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $278,500 to $410,000, with the median being $327,990. The days on market for these homes ranged from new to the market (3 days) to just over a month (38 days), with the median being shorter than 2 weeks (9 days).
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Four Bedroom Homes
Clearly, the majority of the existing detached homes on the market for sale in Mount Airy are the 38 four-bedroom homes. These homes range in price from a low of $289,000 to $775,000, with the median being $537,450. The days on the market for these homes ranges from new to the market (3 day) to 13.5 months (411 days) with the median being 1 month (27 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 $390,000 to $1,700,000, with the median being $529,900. The days on market for these homes ranged from new to the market (3 days) to 6.5 (199 days) with the median being 1 week (9 days).
In the last 30 days, 30 four-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $319,900 to $703,000, with the median being $487,500. The days on market for these homes ranged from new to the market (1 day) to 10 months (307 days) with the median approaching 2 weeks (11 days).
Five Bedroom Homes
There are 19 five-bedroom existing detached homes in Mount Airy on the market for sale. The current list price of these home ranges from a low of $359,000 to $2,000,000 with the median being $625,000. The days on market for these homes ranges from new to the market (1 day) to 8 months (247 days) with the median being 1 month (31 days).
There are 19 five-bedroom existing detached homes in Mount Airy that are under some form of contract. The last known price of these home ranges from a low of $380,000 to $769,000, with the median being $676,000. The days on market for these homes ranges from new to the market (3 days) to 1 month (34 days) with the median being 1 week (8 days).
In the last 30 days, 5 five-bedroom existing detached home in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $500,000 to $566,000, with the median being $525,000. The days on market for these homes ranged from approaching a week (4 days) to 3 weeks (22 days) with the median being 1 week (6 days).
Six Bedroom Homes
There are 5 six-bedroom existing detached homes in Mount Airy on the market for sale. The current list price of these home ranges from a low of $594,000 to $799,900, with the median being $675,000. The days on market for these homes ranges from approaching 2 weeks (14 days) to 2 months (62 days) with the median being 1.5 months (45 days).
There are 2 six-bedroom existing detached homes in Mount Airy currently under some form of contract at the time of this report. The last known list price of these homes being $299,000 after being on the market for 3 weeks (19 days) and $724,700 after being on the market for 1.5 months (48 days).
In the last 30 days, no six-bedroom existing detached home in Mount Airy has successfully completed the sales process.
If you have any questions about this report, please contact me. I look forward to helping you with your real estate needs. Similar posts can be found on my blog talking about townhouses in Mount Airy and homes in the surrounding area as well.
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