Today’s View – Jan. 28, 2019 – Monrovia, Md. 21770
This is a market report on existing detached homes in Monrovia, Md. 21770. At the time of this report (1/28/19) there are 7 such homes on the market FOR SALE, another 5 that are under contract, and 2 that have sold in the last 30 days. The absorption rate (Active/Sold in 30 days) is 3.5, a normal market.
While the lot sizes range from .42 acres to 3.21 acres, the median lot size is 1.1 acre.
Three Bedrooms
There is 1three-bedroom existing detached homes in this area on the market for sale. The current list price of this home is $349,900 and it has been on the market for approaching 3 months (85 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 price of these homes are $350,000 after being on the market for 2 months (60 days) and $589,900 after being on the market for 2 months (59 days).
In the last 30 days, 1 three-bedroom existing detached home in Monrovia have successfully completed the sales process. This home sold for between $350,000 after being on the market for 2.5 month (77 days).
Four Bedrooms
There are 4 four-bedroom existing detached homes in this area on the market for sale. The current list prices of these homes range from $399,900 to $674,950 with the median being $512,450. The days on market for these homes range from 1 week (7 days) to approaching 5 months (141 days), with the median being 2 months (60 days).
There are 2 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 these homes being $299,900 after being on the market for 11 months (332 days) and $579.000 after being on the market for 3 months (96 days).
In the last 30 days, 1 four-bedroom existing detached home in Monrovia have successfully completed the sales process. This home sold for $640,000 after being on the market for approaching 8 months (232 day).
Five Bedrooms
There are 2 five-bedroom existing detached home in this area on the market for sale at the time of this report. The current list price of these homes are $535,000 after being on the market for 1 week (6 days) and $774,990 after being on the market for 3.5 months (106 days).
There is 1 five-bedroom existing detached homes in Monrovia currently under some form of contract in Monrovia. The last known list price of this home is $477,500 and it was on the market for approaching 3.5 months (102 days).
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.
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