Today’s View – October 29, 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 (10/29/19) not including new construction 76 such homes are on the market FOR SALE, another 32 under contract, and 23 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 3.26 which is considered a seller’s market
While the minimum lot size is just .03 acres and the maximum lot size is 67.63 acres, the median is 1.03 acres.
Of those still active, 5 came to market in the last week. Of the 32 under contact, 2 went under contact last week, and 2 of the 23 sold completed the process last week.
Two Bedrooms Homes
There are 3 two-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $200,000 to $265,000, with the median price being $245.000. The days on market for these homes range from 1 week (7 days) to 3 months (92 days) with the median approaching 1.5 months (37 days).
There are 3 two-bedroom existing detached homes under some form of contract. The last known list price of these home ranges from a low of $213,750 to $289,900, with the median price being $223,999. The days on market for these homes range from new to the market (3 days) to 4 months (117 days) with the median approaching 2 weeks (117 days).
No two-bedroom existing detached home has successfully completed the sales process in the last 30 days in Mount Airy.
Three Bedrooms Homes
There are 21 three-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $179,500 to $649,900, with the median price being $349,995. The days on market for these homes range from 1 week (6 days) to approaching 7 months (202 days) with the median approaching 1.5 month (39 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 home ranges from $185,000 to $559,900, with the median being $368,900. The days on market for these homes ranged from 1 week (5 days) to approaching 5.5 months (160 days) with the median being 3 weeks (23 days).
In the last 30 days, 9 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $285,500 to $1,380,000, with the median being $395,000. The days on market ranged from approaching 1 week (4 days) to 8 months (250 days), with the median being 1 week (7 days).
Four Bedroom Homes
Clearly, the 31 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 $320,000 to $2,950,000, with the median being $475,000. The days on the market for these homes range from approaching 1 week (5 days) to 10 months (304 days) with the median approaching 1.5 months (41 days).
There are 10 four-bedroom detached homes in Mount Airy that are under some form of contract. The last known list price of these homes ranged from $299,900 to $825,000, with the median being $499,900. The days on market for these homes ranged from 3 weeks (19 days) to 4.5 months (138 days) with the median being 3 months (92 days).
In the last 30 days, 8 four-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $415,000 to $715,000, with the median being $487,000. The days on market for these homes ranged from new to the market (1 day) to 13 months (395 days) with the median being 1 month (36 days).
Five Bedroom Homes
There are 17 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 $369,900 to $1,949.000 with the median being $568,900. The days on market for these homes ranged from approaching 1 week (6 days) to 7 months (216 days) with the median approaching 2 month (57 days).
There are 5 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 $414,900 to $799,000, with the median being $575,500. The days on market for these homes ranged from 1 week (9 days) to 6 months (180 days) with the median approaching 3 weeks (19 days).
In the last 30 days, 4 five-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $450,000 to $605,000, with the median being $546,000. The days on market for these homes ranged from 1 week (7 days) to 4 months (123 days) with the median being 1 month (35 days).
Six Bedroom Homes
There are 2 six-bedroom existing detached homes in Mount Airy on the market for sale. The current list price of these homes being $550,000 after being on the market for 3 weeks (19 days) and $649,900 being on the market for 2 weeks (12 days).
There is 1 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 this homes is $449,000 after being on the market for 18 months (545 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 $470,000 after being on the market for 1 week (4 days) and $515,000 after being on the market for 2 months (60 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 $1,150,000 and has been on the market for 7 months (216 days).
There are currently no seven-bedroom homes in Mount Airy under any form of contract.
In the last 30 days, no seven-bedroom existing detached home in Mount Airy has successfully completed the same process.
Eight Bedroom Homes
There is 1 eight-bedroom existing detached home in Mount Airy currently on the market for sale. The current list price of this home is $1,150,000 and has been on the market for 7 months (216 days).
There are currently no eight-bedroom homes in Mount Airy under any form of contract.
In the last 30 days, no eight-bedroom existing detached home in Mount Airy has successfully completed the same process.
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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