Today’s View – July 31, 2013 – Monrovia Md. 21770 – Detached Homes

By
Real Estate Agent with Century 21 - Redwood Realty MD581725

Today’s View – July 31, 2013 – Monrovia Md. 21770 – Detached Homes

This is a market report for detached homes in Monrovia, Md. 21770.  At the time of this report (07/31/13) there are 11 such homes on the market FOR SALE, 6 are under contract, and another 4 that have sold in the last 30 days.  The Absorption Rate (active/sold) is 2.75 months, a seller market.  While property sizes range from .64 ac to 15.08 ac, the median is 1.06 ac.

 

Two Bedrooms

There is 1 two-bedroom homes detached homes in Monrovia on the market for sale at this time.  This home is currently listed for $34,900 and has been on the market for nearly a month and a half (42 days).   There are no two-bedroom detached home currently under contract in Monrovia. In the last 30 days, no two-bedroom detached home has completed the sale process.

 

Three Bedrooms

The majority of the detached homes on the market at this time in Monrovia are the 5 three-bedroom homes. These homes are listed for between $299,750 and $524,900, with the median being $419,900.  The days on market for these homes ranges from a day to five months (148 days), with the median being nearly three weeks (18 days).

There are 2 three-bedroom detached homes in this market place that are now under some form of contract.  The last known list price of these homes are in the range of $200,000 to $225,000, with the median being $212,500.  The days on market for these homes ranged from a week (8 days) to less than three weeks (18 days).

In the last 30 days, only 1 three-bedroom detached homes in Monrovia has successfully completed the sales process. The closing price of this home was $259,000 and it was on the market for just a month (31 days).

 

Four Bedrooms

 

There are also 4 four-bedroom detached homes in Monrovia for sale. These homes range in price from a low of $362,400 to $585,000, with the median being $481,950.  The days on market for these homes ranges from 3 weeks (21 days) to 10 months (299 days), with the median being nearly a month and a half (41 days).

 

There are no four-bedroom detached home in Monrovia that are now under some form of contract. 

In the last 30 days, 3 four-bedroom detached homes in Monrovia have successfully completed the sales process. The closing price of these homes from  $339,900 to $415,000, with the median being $370,000.  The days on market for these homes ranged from 3 weeks (20 days)  to over a month (36 days), with the median being 3 weeks (22 days).

 

Five Bedrooms

There is just 1 five-bedroom home for sale in Monrovia at this time. This home is currently listed for $425,000 and it has been on the market for nearly 3 months (86 days).

There are 3 five-bedroom detached homes in Monrovia currently under some form of contract.  These homes were last lasted for between $350,000 and $474,900, with the median being $400,000.  The days on market for this group of home ranged from a month (33 days) to two months (72 days) with the median being a month and half (47 days).  No five-bedroom home in Monrovia has successfully completed the sale process in the last 30 days.

 

Six Bedrooms

While there are no six-bedroom homes in Monrovia currently on the market for sales and none have successfully completed the sale process in the last 30 days, one is under contract.   This home was last listed at $440,000 and has been on the market for 4 months (114 days).

 

If you have any questions about this report, here is a way to ask me. I look forward to helping you with your real estate needs.

 

Posted by

Robert J. Force
Century 21 - Redwood Realty
8 2nd St. Suite 100         
Frederick Md. 21701 

            
(301) 237-2277  (c)
(301) 685-0664  (O)

 

 

Hope this was of some value to you.

Please ICE your cellphones!

May this FORCE be with you

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