Today’s View – March 15, 2014 – Monrovia, Md. 21770
This is a market report on detached homes in Monrovia, Md. 21770. At the time of this report (3/15/2014) there are 7 such homes on the market FOR SALE, another 14 under contract, and 2 that have sold in the last 30 days. This is an absorption rate (Active/Sold) of 3.5 months a Seller’s market.
Three Bedrooms
There are 4 three-bedroom detached homes in this area on the market for sale. These homes range in price from a low of $297,000 to $599,816, with the median being $348,500. The days on market for these homes ranges from approaching 2 weeks (15 days) to over a year (376 days) with the median being 4 months (124 days).
There are 8 three-bedroom detached homes in the area that are under some form of contract. These homes range in price from a low of $269.900 to $475,000, with the median being $314,900. The days on market for these homes ranges from nearly a week (5 days) to nearly 7 months (196 days) with the median being under 3 months (83 days).
In the last 30 days, 1 three-bedroom detached home in the area has successfully completed the sales process. This home sold for $455,000 after being on the market for nearly 7 months (203 days).
Four Bedrooms
There are 2 four-bedroom detached homes in this area on the market for sale. These homes are listed for $500,000 and has been on the market for nearly 2 weeks, while the other is listed for $609,900.and on the market for less that 2 months (58 days).
There are 5 four-bedroom detached homes in this area under some form of contract. The last known list price of these homes ranges from a low of $209,900 to $379,899, with the median being $359,900. The days on market for these homes ranges from over a week (9 days) to over 7 months (214 days) with the median being slightly over 1 month (32 days).
One four-bedroom detached home in Monrovia has successfully completed the sales process in the last 30 days. This home sold for $395,000 after being on the market for nearly a week (6 days).
Five Bedrooms
There is 1 five-bedroom detached homes in this area on the market for sale. This home is listed for $609,000 and has been on the market for nearly 3 months (88 days). There is 1 five-bedroom detached home in Monrovia currently under some form of contract. This home was last listed for $329,900 and on the market for just over 3 weeks (22 days). No five-bedroom detached home in Monrovia has successfully completed the sales process in the last 30 days.
If you have any questions about this report or wanting to discuss the possibility of moving into the community or selling your home please call me, leave me a note, or send me an email. I am looking forward to helping you.
