Today’s View – April 9, 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 (4/9/19) not including new construction 56 such homes are on the market FOR SALE, another 48 under contract, and 38 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 1.47 which is considered a seller’s market
While the minimum lot size is just 1.0 acres and the maximum lot size is 50.0 acres, the median is 1.06 acres.
Of those active, 12 came to market in the last week. Of the 48 under contact, 6 went under contact last week, and 4 of the 39 sold completed the process last week.
Two Bedrooms Homes
There are no two-bedroom existing detached homes in Mount Airy on the market for sale.
There are 2 two-bedroom existing detached homes under some form of contract. The last known list price of these homes being $259,900 after being on the market for 4.5 months (136 days) and $$355,000 having been on the market for approaching 1 week (5 days).
There is 1 two-bedroom existing detached home that has successfully completed the sales process in the last 30 days either. This homes sold for $299,900 after being on the market for 6.5 months (194 days).
Three Bedrooms Homes
There are 12 three-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $199,900 to $734,700, with the median price being $377,500. The days on market for these homes range from 1 week (6 days) to approaching 5.5 months (159 days) with the median being 1.5 months (47 days).
There are 13 three-bedroom detached homes in Mount Airy that are under some form of contract. The last known list price of these homes ranges from $260,000 to $530,000, with the median being $365,000. The days on market for these homes ranged from new to the market (3 days) to 13 months (396 days) with the median being 1 month (27 days).
In the last 30 days, 15 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $171,350 to $480,000, with the median being $355,000. The days on market ranged from new to the market (3 days) to 9 months (275 days), with the median being 2 months (62 days).
Four Bedroom Homes
Clearly, the 29 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 $389,000 to $3,000,000, with the median being $550,000. The days on the market for these homes range from new to the market (2 days) to 10 months (296 days) with the median approaching 3 weeks (18 days).
There are 21 four-bedroom detached homes in Mount Airy that are under some form of contract. The last known list price of these homes ranged from $285,000 to $698,000, with the median being $460,000. The days on market for these homes ranged from new to the market (1 day) to 10 months (298 days) with the median being 3 weeks (20 days).
In the last 30 days, 18 four-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $255,000 to $625,002, with the median being $458,250. The days on market for these homes ranged from approaching 1 week (5 days) to approaching 19.5 months (579 days) with the median being 2 months (63 days).
Five Bedroom Homes
There are 9 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 $449,000 to $2,000,000 with the median being $575,000. The days on market for these homes ranged from approaching 1 week (4 days) to 2 months (60 days) with the median being 1 month (29 days).
There are 9 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 $369,900 to $899,900, with the median being $575,000. The days on market for these homes ranged from 1 week (8 days) to 11.5 months (348 days) with the median being 1 month (33 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 $670,000 after being on the market for approaching 6 months (173 days) and $700,000 after being on the market for 3.5 months (103 days).
Six Bedroom Homes
There are 5 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 $899,000, with the median being $689,000. The days on market for these homes ranged from 1.5 months (50 days) to approaching 13 months (384 days) with the median being 5.5 months (165 days).
There are 3 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 $615,000 to $769,900, with the median being $685,000. The days on market for these homes ranged from approaching a week (4 days) to approaching 9 months (266 days) with the median being 1.5 months (44 days).
In the last 30 days, 2 six-bedroom existing detached home in Mount Airy have successfully completed the sales process. These homes sold for $605,000 after being on the market for approaching 1 week( 4 days) and $870,000 after being on the market for 3 months (96 days).
Seven Bedroom Homes
There is 1 seven-bedroom existing detached home in Mount Airy currently on the market for sale. The current list price of this home is $1,300,000 and has been on the market for 2 weeks (13 days).
There are currently no seven-bedroom homes in Mount Airy under any form of contract.
In the last 30 days, 1 seven-bedroom existing detached home in Mount Airy has successfully completed the same process. This home sold for $950,000 after being on the 10 months (294 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.
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