Today's View - Feb. 23, 2019 - Mount Airy, Md. detached homes

By
Real Estate Agent with Weichert - McKenna & Vane MD581725

Today’s View – Feb. 23, 2019 – 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 (2/23/19) not including new construction 54 such homes are on the market FOR SALE, another 53 under contract, and 11 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 4.9 which is considered a normal market

While the minimum lot size is just 1.0 acres and the maximum lot size is 67.63 acres, the median is 1.18 acres.

Of those active, 4 came to market in the last week. Of the 54 under contact, 5 went under contact last week, and 3 of the 11 sold completed the process last week.

 

Two Bedrooms Homes

There are 2 two-bedroom existing detached homes in Mount Airy on the market for sale. These homes are currently priced at $259,900 after being on the market for 3 months (90 days) and $299,900 having been on the market for approaching 6.5 months (191 days).

There are no two-bedroom existing detached homes under any form of contract at the time of this report. There are no two-bedroom existing detached homes that have successfully completed the sales process in the last 30 days either.

 

Three Bedrooms Homes

There are 14 three-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $170,000 to $734,800, with the median price being $379,450.  The days on market for these homes range from 1 week (10 days) to 6 months (186 days) with the median being 2.5 months (75 days).

There are 16 three-bedroom detached homes in Mount Airy that are under some form of contract.  The last known list price of these homes ranged from $80,000 to $435,000, with the median being $332,450.  The days on market for these homes ranged from new to the market (3 days) to 9.5 months (285 days) with the median approaching 3.5 months (97 days). 

In the last 30 days, 2 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $315,000 after being on the market for 1.5 months (45 days) and $407,000 after being on the market for a week (6 days).

 

Four Bedroom Homes

Clearly, the 25 existing detached four-bedroom homes are the majority of the detached homes on the market for sale in Mount Airy. These homes range in price from a low of $319,900 to $3,000,000, with the median being $498,900.  The days on the market for these homes range from new to the market (3 days) to 8.5 months (251 days) with the median being 2 months (56 days).

There are likewise 25 four-bedroom detached homes in Mount Airy that are under some form of contract.  The last known list price of these homes ranged from $197,600 to $650,000, with the median being $462,000.  The days on market for these homes ranged from new to the market (2 days) to 19 months (579 days) with the median being 2 months (64 days).

In the last 30 days, 7 four-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $399,750 to $600,000, with the median being $419,900.  The days on market for these homes ranged from new to the market (3 days) to 6 months (177 days) with the median being 6.25 months (67 days).

 

Five Bedroom Homes

There are 4 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 $445,00 to $749,900 with the median being $577,400.  The days on market for these homes ranged from new to the market (2 days) to 1.5 months (45 days) with the median approaching 3 weeks (17 days).

There are 8 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 $429,900 to $999,000, with the median being $651,950.  The days on market for these homes ranged from 2 weeks (14 days) to 11 months (303 days) with the median approaching months (146 days).

In the last 30 days, 2 five-bedroom existing detached homes in Mount Airy have successfully completed the sales process.  The closing price of these homes ranged from $483,500 after being on the market for 3 months (99 days) and $525,000 after being on the market for 2.5 months (76 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 $535,000 to $924,900, with the median being $689,000.  The days on market for these homes ranged from approaching a week ( 5 days) to 11.25 months (339days) with the median being 1 month (28 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 $599,999 to $924,900, with the median being $677,300.  The days on market for these homes ranged from new to the market (2 days) to 8 months (230 days) with the median being 2 months (57 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 currently on the market for sale.  The current list prices being $950,000 being on the market for 4 months (126 day) and $1,699,000 after being on the market for 9.5 months (288 days).

There is 1 seven-bedroom home in Mount Airy under any form of contract.   The last know list price of this home is $950,000 and has been on the market for 10 months (294 days).

No seven-bedroom existing detached home in Mount Airy has successfully completed the same 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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The Ninety-ninth Percentile
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Rainer
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Sally Crane
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Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Feb 23, 2019 10:36 PM #1
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