Today's View - Dec. 19, 2018 - Monrovia Md. detached homes

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Real Estate Agent with Weichert - McKenna & Vane MD581725

Today’s View – Dec 19, 2018 – Monrovia, Md. 21770

This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (12/19/18) there are 11 such homes on the market FOR SALE, another 3 are under contract, and 2 that have sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 5.6, considered to be a normal market.

While the lot sizes range from .42 acres to 3.21 acres, the median lot size is .97 acres.

 

Three Bedrooms

There are 3 three-bedroom existing detached homes in this area on the market for sale. The current list prices of these homes range from $349,900 to $589,900, with the median being $360,000.  The days on market for these homes range from 1 month (35 day) to 1.5 months (44 days), with the median being 1 month (36 days). 

There are 2 three-bedroom existing detached home in this area under some form of contract at the time of this report.   The last known list prices being $364,900 after being on the market for 1.5 months (49 days) and $378,000 after being on the market for 3 weeks (22 days).

In the last 30 days, 1 three-bedroom existing detached home in Monrovia has successfully completed the sales process.  This home sold for $370,000 after being on the market for approaching 2 months (50 days).

 

Four Bedrooms

There are 5 four-bedroom existing detached homes in this area on the market for sale. The current list prices of these homes range from $439,000 to $699.900, with the median being $599,999.  The days on market for these homes ranges from approaching 2 weeks (11 days) to approaching 3.5 months (100 days), with the median being 1.5 months (48 days). 

There is just 1 four-bedroom existing detached homes in this area under some form of contract at the time of this report.  The last known list price of this home is $299,900 after being on the market for 10 months (291 days).

In the last 30 days, 1 four-bedroom existing detached home in Monrovia has successfully completed the sales process.  This home sold for $360,000  after being on the market for 2 months (62 days).

 

Five Bedrooms

There are 3 five-bedroom existing detached home in this area on the market for sale at the time of this report. The current list prices of these homes range from $349,999 to $799,900, with the median being $474,500.  The days on market for these homes range from 2 months (61 days) to approaching 4 months (111 days), with the median being 2 months (65 days). 

There are no five-bedroom existing detached homes in Monrovia currently under some form of contract in Monrovia. 

In the last 30 days, no five-bedroom existing detached homes has successfully completed the sales process in Monrovia. 

 

If you have any questions about this report, please call me or send me an email.  I look forward to helping you with your real estate needs.

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:
Real Estate Market Trends
Location:
Maryland Frederick County Monrovia
Groups:
1st Time Buyers
WEICHERT, REALTORS - New Colony
The Ninety-ninth Percentile
2018 Market Reports
Tags:
monrovia
detached homes
dec 2018
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Rainmaker
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Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

They seem like very well done detachments overall. Nice work and I hope to see more of it in the coming new year! :)

Dec 18, 2018 11:37 PM #1
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Bob.  Thanks for keeping us informed about the single family home real estate market in Monrovia Md.

Dec 19, 2018 06:26 AM #2
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Bob Force (REALTOR®)

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