Today's View - July 26, 2018 Mount Airy, Md. detached homes

By
Real Estate Agent with Weichert Realtor - New Colony MD581725

Today’s View – July 26, 2018 – Mt. Airy, Md. 21771 – Detached Homes

This is a market report for existing detached homes in Mt. Airy, Md. 21771.  At the time of this report (7/26/2018) not including new construction 87 such homes are on the market FOR SALE, another 55 under contract, and 38 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 2.29 which is considered a seller’s market

While the minimum lot size is just .12 acres and the maximum lot size is 178.91 acres, the median is 1.06 acres.

 

Two Bedrooms Homes

Currently, there is 1 two-bedroom existing detached homes on the market for sale in Mount Airy.  This home is currently listed for $289,900 after being on the market for 3 months (84 day).

There is 1 two-bedroom existing detached home currently under some form of contract.  The last known list price of this home is $249,990 and it was on the market for under a week (2 days).

In the last 30 day, no two-bedroom existing detached home in Mount Airy has successfully completed the sales process.

 

Three Bedrooms Homes

There are 15 three-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $245,000 to $799,000, with the median price being $339,900.  The days on market for these homes ranges from new to the market (2 days) to 16.5 months (492 days) with the median being 1.5 months (41 days).

There are 17 three-bedroom detached homes in Mount Airy that are under some form of contract.  The last known list price of these homes ranged from $204,900 to $499,900, with the median being $379,900.  The days on market for these homes ranges from new to the market (3 days) to approaching 10 months (298 days) with the median approaching 3 weeks (18 days). 

In the last 30 days, 7 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $220,000 to $410,000, with the median being $365,000.  The days on market for these homes ranged from new to the market (2 days) to approaching 3.5 months (99 days), with the median being 1 month (29 days).

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Four Bedroom Homes

Clearly, the majority of the existing detached homes on the market for sale in Mount Airy are the 50 four-bedroom homes. These homes range in price from a low of $289,000 to $750,000, with the median being $512,500.  The days on the market for these homes ranges from new to the market (1 day) to 13 months (397 days) with the median being over 1 month (35 days).

There are 24 four-bedroom detached homes in Mount Airy that are under some form of contract.  The last known list price of these homes ranged from $299,999 to $1,700,000, with the median being $536,389.  The days on market for these homes ranged from new to the market (2 days) to 7 months (214 days) with the median being 2 weeks (12 days).

In the last 30 days, 22 four-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $319,900 to $699,000, with the median being $468,250.  The days on market for these homes ranged from new to the market (1 day) to 6 months (176 days) with the median being 1 week (9 days).

 

Five Bedroom Homes

There are 12 five-bedroom existing detached homes in Mount Airy on the market for sale. The current list price of these home ranges from a low of $339,000 to $2,000,000 with the median being $610,000.  The days on market for these homes ranges from new to the market (1 day) to 3.5 months (105 days) with the median being 1.5 months (49 days).

There are 11 five-bedroom existing detached homes in Mount Airy that are under some form of contract.  The last known price of these home ranges from a low of $359,000 to $835,000, with the median being $625,000.  The days on market for these homes ranges from new to the market (1 day) to approaching 9 months (266 days) with the median approaching 3 weeks (19 days).

In the last 30 days, 9 five-bedroom existing detached home in Mount Airy have successfully completed the sales process.   The closing price of these homes ranged from $380,000 to $740,000, with the median being $556,000.  The days on market for these homes ranged from approaching a week (4 days) to 1 month (34 days) with the median being 1 week (7 days).

 

Six Bedroom Homes

There are 7 six-bedroom existing detached homes in Mount Airy on the market for sale. The current list price of these home ranges from a low of $299,000 to $799,900, with the median being $649,900.  The days on market for these homes ranges from new to the market (1 day) to 3 months (87 days) with the median being 2 months (58 days).

There is 1 six-bedroom existing detached home in Mount Airy currently under some form of contract at the time of this report. The last known list price of this home being $799,900 after being on the market for approaching 1 month (26 days).

In the last 30 days, no six-bedroom existing detached home in Mount Airy has successfully completed the sales process.  

 

Seven Bedroom Homes

There are 2 seven-bedroom existing detached homes in Mount Airy on the market for sale.  The current list prices being $1,000,000 after being on the market for approaching 3.5 months (98 days) and $1,699,000 after being on the market for approaching 4 months (110 days).

 

There are no seven-bedroom homes in Mount Airy under any form of contract and none that have successfully completed the sales process in the last 30 days.

 

 

If you have any questions about this report, please contact me.  I look forward to helping you with your real estate needs.  Similar posts can be found on my blog talking about townhouses in Mount Airy and homes in the surrounding area as well.

Posted by

Robert J. Force
Weichert Realtors - New Colony
108 E. Ridgeville Blvd           
Mount Airy, Md. 21771 

            
(301) 237-2277  (c)
(301) 703-8605  (O)
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Hope this was of some value to you.

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May this FORCE be with you

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The Ninety-ninth Percentile
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july 2018

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Jim Crawford
RE/MAX Paramount Properties - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for providing us with your informative report.  This is exactly the type of information that buyers and sellers need to make informed decisions. Well done!

Jul 27, 2018 07:22 AM #1
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