Today's View - September 16, 2013 - Detached homes in Monrovia Md.

By
Real Estate Agent with Century 21 - Redwood Realty MD581725

Today’s View – September 16, 2013 – Monrovia Md. 21770 – Detached Homes

This is a market report for detached homes in Monrovia, Md. 21770.  At the time of this report September 16, 2013, there are 22 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 4.66 months, what is considered a normal market.  While property sizes range from .68 acres to 15.08 acres, the median is 1.17 acres.

 

Two Bedroom Homes

There are no two-bedroom detached home in Monrovia on the market for sale at this time.  There is 1 two-bedroom detached home under contract at the time of the report, This home was last listed for $324,900 and has been on the market for approaching three  months (80 days).   In the last 30 days, no two-bedroom detached home has completed the sale process.

 

Three Bedroom Homes

There are 6 three-bedroom detached homes in Monrovia on the market for sale at this time. These homes are listed for between $315,000 and $499,999, with the median being $363,995.  The days on market for these homes ranges from over three weeks (26 days) to 6 and a half months (195 days), with the median approaching two months (51 days)

 

There are no three-bedroom detached homes in this marketplace that are currently under some form of contract.

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 $221,000 and it was on the market for just over a week (8 days).

 

Four Bedroom Homes

There are also 5 four-bedroom detached homes in Monrovia for sale. These homes range in price from a low of $325,000 to $585,000, with the median being $362,400.  The days on market for these homes ranges from a week to 11.5 months, with the median being three weeks (21 days).

There are 3 four-bedroom detached home in Monrovia that are now under some form of contract.  The current list price of these homes range from a low of $355,000 to $549,000, with the median being $414,900.  The days on market for these homes ranges from slightly over a month (38 days) to approaching three months (80 days), with the median being over a month (40 days).

In the last 30 days, no four-bedroom detached home in Monrovia has successfully completed the sales process.

 

Five Bedroom Homes

There are 2 five-bedroom detached homes for sale in Monrovia at this time. These homes are currently listed for $339,888 and was been on the market for less than a month (26 days) while the other is listed for $425,000 and has been on the market for over 4 months (133 days). 

There is only 1 five-bedroom detached home in Monrovia currently under some form of contract.  The last known list price of this home is $494,900 and has been on the market for slightly over a month (34 days).

In the last 30 days,  2 five-bedroom detached homes in Monrovia have successfully completed the sales process. One of these homes sold for $400,000 after being on the market for a month (33 days), while the other sold for $450,000 and had been on the market for over a month and a half (47 days). 

 

Six Bedrooms Homes

There is 1 six-bedroom homes in Monrovia currently on the market for sales.  This home is currently listed for $510,000 and has been on the market for just over 4 months (124 days).  No six-bedroom detached home in Monrovia is currently under contract, an none have 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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Rainmaker
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Bob - Thank you for sharing an excellent blog about September 16, 2013 detached homes in Monrovia, Maryland.

Sep 16, 2013 07:16 AM #1
Rainmaker
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David Saks
(retired) - Memphis, TN

Another fine report. Thanks for sharing and hopes for your continued success.

Sep 16, 2013 05:29 PM #2
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Rainmaker
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Bob Force (REALTOR®)

The FORCE in Maryland Real Estate
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