Today’s View – May 16, 2013 – Mt. Airy, Md.21771 (FrederickCounty) – Detached Homes
This is a market report for detached and semi-detached homes in the FrederickCounty portion of Mt. Airy, Md.21771. At the time of this report (05/16/2013) there are 52 such homes on the market FOR SALE, another 26 under contract, and 12 that have sold in the last 30 days. Thus the housing absorption rate (52/12) for homes of this type in the report area is 4.33 months, what is considered to be a sellers market. These home are on property ranging in size for .12 acres to one on 127.7 acres, with the median being .87 acres
Two Bedrooms
There is one two-bedroom home currently on the market. This home is listed for $249,900 and has been on the market for three months (94 days). There is one two-bedroom detached home under contract at this time. The last known list price of this home being $200,000 and it was on the market for a month (28 days). No two-bedroom detached home has completed the sales process in the last thirty days in this market area.
Three Bedrooms
There are 16 three-bedroom detached homes in this area on the market for sale. These homes range in price from a low of $210,000 to $2,299,999, with the median being $367,400. The days on market for these homes ranges from less than a week (3 days) to over 14 months (436 days) with the median being a month (36 days).
There are 10 three-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $123,500 to $358,500, with the median being $274,400. The days on market for these homes ranges from short of a week (3 days) to three months (87 days) with the median being over a week (10 days).
In the last 30 days four three-bedroom detached homes in the area have successfully completed the sales process. The closing price of these homes ranged from $254,000 to $430,000, with the median being $371,250. The days on market for these homes ranged from nearly a week (5 days) to seven months (206 days) with the median being three weeks (19 days).
Four Bedrooms
There are 26 four-bedroom detached homes in this area on the market for sale. These homes range in price from a low of $249,900 to $1,699.000, with the median being $454,950. The days on market for these homes ranges from new to the market (1 day) to 10 and a half months (315 days) with the median being two months (51 days).
There are 11 four-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $299,000 to $575,000, with the median being $435,000. The days on market for these homes ranges from a day to just over nine months (277 days) with the median being a week (8 days).
In the last 30 days six four-bedroom detached homes in the area have successfully completed the sales process. The closing price of these homes ranged from $348,500 to $455,000, with the median being $399,500. The days on market for these homes ranged from less than a week (2 days) to over five months (162 days) with the median being a month and a half (44 days).
Five Bedrooms
There are seven five-bedroom detached homes in the area on the market for sale. These homes range in price from a low of $399,900 to $600,000, with the median being $499,900. The days on market for these homes ranges from a week (7 days) to a year (364 days) with the median being a month and a half (47 days).
There are four five-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $355,000 to $575,000, with the median being $407,450. The days on market for these homes ranges from less than a week (3 days) to over four months (128 days) with the median being a month and a half (45 days).
In the last 30 days, two five-bedroom detached homes in the area have successfully completed the sales process. These homes sold for $510,000 and $535,000 and were on the market for less than two weeks.
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