Today’s View – July 23, 2013 – Mt. Airy, Md.21771 (CarrollCounty) – Detached Homes
This is a market report for detached and semi-detached homes in the CarrollCounty portion of Mt. Airy, Md. 21771. At the time of this report (07/23/2013) there are 42 such homes on the market FOR SALE, another 20 under contract, and 15 that have sold in the last 30 days. Thus the housing absorption (42/15) rate for homes of this type in the report area is 2.80 months, which is considered to be a sellers market. Detached home in this market place come on property ranging in size from .17 acres to 21.18 acres with the median being 1.09 acres
Three Bedrooms
There are 11 three-bedroom detached homes on the market for sale in this portion of Mount Airy. . These homes range in price from a low of $220,000 to $498,000, with the median being $365,000. These homes range in for these homes ranges from two weeks (12 days) to over four and half months (139 days) with the median being a month (33 days).
There are 4 three-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $225,000 to $434,000, with the median being $300,900. The days on market for these homes ranges from brand new to the market to four months (117 days) with the median being a month (30 days).
In the last 30 days, 2 three-bedroom detached home in the area have successfully completed the sales process. The closing prices of these homes were $295,000 and $435,000. The days on market for these homes ranges from a week (5 days) to three weeks (23 days).
Four Bedrooms
Clearly the majority of the detached homes for sales in the market area are the 24 four-bedroom detached homes. These homes range in price from a low of $379,000 to $750,000, with the median being $466,945. The days on market for these homes ranges from new to the market (1 day) to over 13 months (395 days) with the median being a month and a half (50 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 $300,000 to $642,000, with the median being $434,900. The days on market for these homes ranges from new to the market (1 day) to seven and a half months (228 days) with the median being three weeks (21 days).
In the last 30 days, 11 four-bedroom detached home in the area have successfully completed the sales process. The closing price of these homes ranged from $277,000 to $620,000, with the median being $465,000. The days on market for these homes ranges from new to the market (1 day) to nine and a half months (285 days) with the median being three week (21 days).
Five Bedrooms
There are four five-bedroom detached homes in the area on the market for sale. These homes range in price from a low of $444,990 to $959,500, with the median being $555,200. The days on market for these homes ranges from two weeks (11 days) to three months (91 days) with the median being two months (57 days).
There are 3 five-bedroom detached homes in the area that are under some form of contract. The last known list price of these homes ranged from $349,900 to $599,900, with the median being $549,900. The days on market for these homes ranges from a day to over a month (38 days) with the median being two weeks (16 days).
In the last 30 days, 2 five-bedroom detached home in the area have successfully completed the sales process. These homes sold for $340,000 and $650,000. One sold very quickly (10 days), while the other was on the market for nearly two years (714 days).
Six Bedrooms
There are 2 six-bedroom detached homes in the area on the market for sale at this time. These homes are listed at $499,000 and $750,000. These homes have been on the market in both cases for just over a month (35 and 36 days. There are also 2 six-bedroom detached home under contract at this time. The last known list price of these homes is $539,900 and $745,000. They have been on the market for in one case a week (7 days) and the other for three weeks (22 days). No six-bedroom home has completed the sales process in the last 30 days. This home closed for $860,000 after being on the market for three week (23 days).
Seven Bedrooms
There is one seven-bedroom detached homes in the area on the market for sale. This home is listed for $750,000 and has been on the market for seven months (218 days). There are no seven-bedroom detached homes in the market area currently under any form of contract, nor has any completed the sales process in the last thirty days.
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