Today’s View – Nov 7, 2016 – Mount Airy, Md. 21771 – Townhouses

Today’s View – Nov 7, 2016 – Mount Airy, Md. 21771 – Townhouses

This is a market report for Townhouses in Mount Airy, Md. 21771.  At the time of this report (11/7/16) there are 5 such homes on the market FOR SALE, another 5 under contract, and 5 that have sold in the last 30 days. Thus the absorption rate (5/51) shows a 1 month inventory, what is to be considered a sellers market.

Two Bedrooms

There is 1 two-bedroom Townhouses in Mount Airy, Md. currently on the market for sale in the Mount Airy, Md. zip code area.  This home is currently listed for 199,990.  This home has been on the market for 1.5 months (42 day).

There are 2 two-bedroom townhouses in the area that are under some form of contract.  The last known list prices of these homes range in price from a low of $159,000 after being on the market for 2.5 months (74 days), with the last known list of the other being 292,500 being on the market for 1 month (28 days).

One two-bedroom townhouse in Mount Airy, Md. has successfully completed the sales process n the last 30 days.  This home sold for $213,000 after being on the market for 4.5 months (136 days).

Three Bedrooms

There are also 3 three-bedroom townhouses in this area on the market for sale. These homes are currently listed for between $249,500 and $319,900, with the median being $279,999.  These homes have been on the market for between new to the market (1 day) to 3 months (94 days), with the median being a week (4 days).

There are 2 three-bedroom townhouses in the area that are under some form of contract.  The last known list prices of these homes range in price from a low of $229,900 after being on the market for approaching 4 months (111 days), with the last known list of the other being $300,000 being on the market for under a week (2 days).

In the last 30 days, 4 three-bedroom townhouses have successfully completed the sales process.  This home closed for between $227,000 and $305,000, with the median being $257,000.  The days on market ranged from 1 month (27 days) to 2 months (66 days), with the median being 1 month (31 days).

Four Bedrooms

There is 1 four-bedroom townhouse in Mount Airy, Md. currently on the market for sale in the Mount Airy, Md. zip code area.  This home is currently listed for $233.900.  This home has been on the market for 2 weeks (12 day).

There is only 1 four-bedroom townhouse under contact in Mount Airy, Md.  The last known list price of this home is $229,900 having been on the market for approaching 2 months (51 days).

In the last 30 days, no four-bedroom townhouse in the area has successfully completed the sales process.

If you have any questions about this report, please contact me.  I look forward to helping you with your real estate needs.