Today’s View – Oct 24, 2018 – Monrovia, Md. 21770
This is a market report on existing detached homes in Monrovia, Md. 21770. At the time of this report (10/24/18) there are 14 such homes on the market FOR SALE, another 1 is under contract, and 8 that have sold in the last 30 days. The absorption rate (Active/Sold in 30 days) is 1.75, a seller’s market.
While the lot sizes range from .42 acres to 4.89 acres, the median lot size is 1.15 acres.
Three Bedrooms
There are 2 three-bedroom existing detached homes in this area on the market for sale. The current list price of these homes being $375.000 after being on the market of 1.5 months (43 days) and $485,000 after being on the market for 2 weeks (13 days).
There is 1 three-bedroom existing detached home in this area under some form of contract at the time of this report. The last known list price of this home is $339,000 after being on the market ro 3 weeks (23 days).
In the last 30 days, 6 three-bedroom existing detached home in Monrovia have successfully completed the sales process. These homes sold for between $275,400 and $464,000 with the median being $375,000. The days on market ranged from 1 month (28 days) to 2 months (56 days), with the median being 1 month (35 days).
Four Bedrooms
There are 9 four-bedroom existing detached homes in this area on the market for sale. The current list price of these homes ranges from $419,9000 to $674,999, with the median being $449,950. The days on market for these homes ranges from new to the market (1 day) to 1 months (30 days), with the median being less than a week (2 days).
There are no four-bedroom existing detached homes in this area under some form of contract at the time of this report.
In the last 30 days, 2 four-bedroom existing detached home in Monrovia have successfully completed the sales process. These homes sold for $406,000 after being on the market for 3 months (84 day) and $525,000 after being on the market for 1.5 months (41 days).
Five Bedrooms
There are 3 five-bedroom existing detached home in this area on the market for sale at the time of this report. The current list price of these homes ranges from $349,999 to $799,900, with the median being $449,000. The days on market for these homes ranges from 1 week (6 days) to 2 months (56 days), with the median being 1 week (10 days).
There are no five-bedroom existing detached homes in Monrovia currently under some form of contract in Monrovia.
In the last 30 days, no five-bedroom existing detached homes has successfully completed the sales process in Monrovia.
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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