Today’s View – August 13, 2013 – Monrovia Md. 21770 – Detached Homes

By
Real Estate Agent with Century 21 - Redwood Realty MD581725

Today’s View – August 13, 2013 – Monrovia Md. 21770 – Detached Homes

This is a market report for detached homes in Monrovia, Md. 21770.  At the time of this report August 13, 2013, there are 13 such homes on the market FOR SALE, 5 are under contract, and another 3 have sold in the last 30 days.  The absorption rate (active/sold) is 4.33 months, what is considered a normal market.  While property sizes range from .64 acres to 15.08 acres, the median is 1.13 acres.

Two Bedroom Homes

There is 1 two-bedroom detached home in Monrovia on the market for sale at this time.  This home is currently listed for $324,900 and has been on the market for nearly two months.   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 Bedroom Homes

There are 5 three-bedroom detached homes in Monrovia on the market for sale at this time. These homes are listed for between $289,500 and $499,999, with the median being $419,900.  The days on market for these homes ranges from 2 weeks to over 6 months, with the median being a month.

There are 2 three-bedroom detached homes in this marketplace that are now under some form of contract.  The last known list price of these homes is 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 to less than 3 weeks.

In the last 30 days, only 1 three-bedroom detached home 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.

Four Bedroom Homes

There are also 5 four-bedroom detached homes in Monrovia for sale. These homes range in price from a low of $350,000 to $585,000, with the median being $414,900.  The days on market for these homes ranges from nearly 2 weeks to 10.5 months, with the median being nearly a month and a half.

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

In the last 30 days, 1 four-bedroom detached home in Monrovia have successfully completed the sales process. The closing price of this home was $370,000 and it was on the market for three weeks.

Five Bedroom Homes

There are 2 five-bedroom detached homes for sale in Monrovia at this time. These homes are currently listed for $425,000 and $494,900.  The days on market for these homes range from new to the market to over 3 months.

There are also 2 five-bedroom detached homes in Monrovia currently under some form of contract.  These homes were last listed at $400,000 and $474,900.  The days on market for these homes range from a month to a month and a half.

One five-bedroom detached home in Monrovia has successfully completed the sales process in the last 30 days.  This home sold for $325,000 after being on the market for nearly two and a half months.

Six Bedrooms Homes

While there are no six-bedroom homes in Monrovia currently on the market for sales one is currently under contract.  The home was last listed at $440,000 and was on the market for nearly four months (114 days).   No six-bedroom detached home has successfully completed the sale process in the last 30 days.

 

If you have any questions about this report, here are the ways to contact  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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