Today's View - Dec. 10, 2018 - Mount Airy, Md detached homes

By
Real Estate Agent with Weichert - McKenna & Vane MD581725

Today’s View – Dec 10, 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 (12/10/2018) not including new construction 81 such homes are on the market FOR SALE, another 33 under contract, and 10 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 8.1 which is considered a buyers’ market

While the minimum lot size is just 1.0 acres and the maximum lot size is 67.63 acres, the median is 1.06 acres.

 

Two Bedrooms Homes

There are 4 two-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $265,000 to $299,900 with the median being $27,450.  The days on market range from 2 weeks (15 days) to 4 months (123 days) with the median being 2.5 months (74 days).

There are 3 two-bedroom existing detached home currently under some form of contract.  The last known list prices of these homes range from $289,900 to $310,000, with the median being $299,900.  The days on market ranges from 1 month (29 days) to 4 months (118 days), with the median approaching 4 months (107 days).

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

 

Three Bedrooms Homes

There are 24 three-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $85,000 to $739,800, with the median price being $337,000.  The days on market for these homes range from approaching 1 week (3 days) to 4 months (119 days) with the median being a month (37 days).

There are 8 three-bedroom detached homes in Mount Airy that are under some form of contract.  The last known list price of these homes ranged from $215,000 to $549,000, with the median being $364,000.  The days on market for these homes ranges from a week (7 days) to approaching 5 months (144 days) with the median approaching 2 months (53 days). 

In the last 30 days, 4 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $298,500 to $452,000, with the median being $395,000.  The days on market for these homes ranged from 1 month (27 days) to 6 months (183 days), with the median being 2 months (60 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 35 four-bedroom homes. These homes range in price from a low of $323,300 to $700,000, with the median being $504,900.  The days on the market for these homes ranges from new to the market (4 days) to 7.5 months (226 days) with the median being 2.5 months (79 days).

There are 13 four-bedroom detached homes in Mount Airy that are under some form of contract.  The last known list price of these homes ranged from $239,875 to $615,000, with the median being $434,500.  The days on market for these homes ranged from 1 week (7 days) to 2 years (723 days) with the median being 3.5 months (101 days).

In the last 30 days, 6 four-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $295,000 to $512,500, with the median being $365,250.  The days on market for these homes ranged from new to the market (48 days) to approaching 7 months (216 days) with the median being 2.5 months (78 days).

 

Five Bedroom Homes

There are 10 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 $454,900 to $999,000 with the median being $627,000.  The days on market for these homes ranges from 1 month (27 days) to 3 months (99 days) with the median being 2 months (53 days).

There are 5 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 $362,000 to $624,900, with the median being $559,000.  The days on market for these homes ranges from 3 months (99 days) to 6 months (1898 days) with the median approaching 3.5 months (130 days).

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

 

Six Bedroom Homes

There are 6 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 $535,000 to $924,900, with the median being $677,500.  The days on market for these homes ranges from 3 weeks (20 days) to 9 months (269 days) with the median being 2.5 months (78 days).

There are 4 six-bedroom existing detached home in Mount Airy currently under any form of contract at the time of this report. The last known list price of these homes ranged from $495,000 to $724.700, with the median being $564,950.  The days on market for these homes ranged from approaching 1 month (25 days) to 8 months (230 days) with the median approaching 4 months (106 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 $950,000 being on the market for 3 months (86 day) and $1,699,000 after being on the market for 8 months (248 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 - McKenna & Vane
108 E. Ridgeville Blvd           
Mount Airy, Md. 21771 

            
(301) 237-2277  (c)
(301) 703-8605  (O)

My Website

 

Hope this was of some value to you.

Please ICE your cellphones!

May this FORCE be with you

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Topic:
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Location:
Maryland Frederick County Mount Airy
Groups:
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WEICHERT, REALTORS - New Colony
The Ninety-ninth Percentile
2018 Market Reports
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