Today's View - Feb. 27, 2019 - Monrovia, Md. detached homes

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Real Estate Agent with Weichert - McKenna & Vane MD581725

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 9 such homes on the market FOR SALE, another 4 that are under contract, and 1 that has sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 9, a buyer’s market.

While the lot sizes range from .11 acres to 3.21 acres, the median lot size is 1.04 acre.

 

Three Bedrooms

There are 2 three-bedroom existing detached homes in this area on the market for sale. The current list price of these homes being $349,900 and it has been on the market for approaching 4 months (115 days) and $389,900 after being on the market for a week (7 days).

There is 1 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 this homes is $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 months (59 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 $399,900 to $579,999 with the median being $489,900.  The days on market for these homes range from 1 week (7 days) to approaching 6 months (171 days), with the median approaching 1.5 months (37 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 $674,950 after being on the market for 3 weeks (23 days) and $579.000 after being on the market for 3 months (92 days).

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

 

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 month (36 days) and $774,990 after being on the market for 4.5 months (136 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 4.5 months (132 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.

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
Tags:
monrovia
detached homes

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Rainmaker
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Joyce Marsh
Regal | Christie's International Real Estate - Ormond Beach, FL
Regal Christie's International Real Estate

We like to stay current on real estate market trends. Thanks for the snapshot for your market. 

Feb 27, 2019 11:11 AM #1
Rainmaker
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Sally Crane
WMS - Unity, WI
Woodland appraisal support.

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

Feb 27, 2019 06:37 PM #2
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Rainmaker
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Bob Force (REALTOR®)

The FORCE in Maryland Real Estate
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