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Last Month - September 2019 - Mount Airy, Md. detached homes

By
Real Estate Agent with Weichert Realtors - Aspen Hill MD581725

Last month – Sept 2019 in the Mount Airy, Md. detached home market.

 

A quick look at what has been happening last month in the Mount Air, Md. zip code existing detached homes market and a look at some history. This report show statistics for three monts starting with September 2018, then August 2019, and finally September 2019.

 

September 2018

During the month of September 2018, 23 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $245,000 and $730,000 with the median being $405,000.  The days on market ranged from new to the market (1 days) to 7 months (218 days) with the median approaching 1 month (22 days).  The median close price these homes was 98.2% of the last known list price.

Fifteen of the sellers granted the buyers closing cost assistance.  This assistance ranged from $1,500 to $17,097 with the median being $9,717.

There were no REO sales in Mount Airy during the month and one short sales.

 

August 2019

During the month of August 2019, 34 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $225,000 and $870,000 with the median being $446,000.  The days on market ranged from new to the market (1 day) to 15 months (456 days) with the median approaching 1 month (25 days).  The median close price these homes was 100% of the last known list price.

Twenty of the sellers granted the buyers some closing cost assistance.  This assistance ranged from $91 to $21,450 with the median being $9,900.

There were no REO sales in Mount Airy during the month and no short sales.

 

September 2019

During the month of September 2019, 23 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $175,800 and $605,000 with the median being $453,000.  The days on market ranged from new to the market (1 day) to 4 months (122 days) with the median being 1 month (36 days).  The median close price these homes was 100% of the last known list price.

Seventeen of the sellers granted the buyers closing cost assistance.  This assistance ranged from $500 to $20,000 with the median being $9,000.

There was 1 REO sales in Mount Airy during the month and no short sales 

 

If after reading this report if you have any questions please reach out to me (call or email) with any questions.  Looking forward to hearing from you.

Posted by

Robert J. Force
Weichert Realtors - Silver Spring / Aspen Hill
3816 International Dr        
Silver Spring, Md. 20906

            
(301) 237-2277  (c)
(301) 681-0550  (O)

Website

 

 

Hope this was of some value to you.

Please ICE your cellphones!

May this FORCE be with you

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bob. Thanks for the market update of your area. Enjoy your day!

Oct 24, 2019 04:39 AM
Nicholas Crane
Woodland Companies - Cadott, WI
Managing & Appraising Forest Land

Thanks for sharing the information on this community, I hope you sell many of these homes. 

Nick

 

Oct 24, 2019 10:19 PM