Last Month - October 2019 - Monrovia, Md. detached homes

By
Real Estate Agent with Weichert - McKenna & Vane MD581725

A quick look at what has been happening last month in the Monrovia, Md. zip code existing detached homes market and a look at some history. This report shows statistics for three months starting with October 2018, then September 2019, and finally October 2019.

 

October 2018

During the month of October 2018, 12 existing detached homes in Monrovia, Md. have successfully completed the sales process.  These homes sold for between $275,400 and $578,845 with the median being $499,567.  The days on market ranged from new to the market (1 days) to approaching 4 months (109 days) with the median being 1 month (32 days).  The median close price these homes was 100.0% of the last known list price.

Three of the sellers granted the buyers closing cost assistance.  This assistance ranged from $8,000 to $15,750 with the median being $14,000.

There were two REO sales in Monrovia during the month and no short sales.

 

September 2019

During the month of September 2019, 7 existing detached homes in Monrovia, Md. Have successfully completed the sales process.  These homes sold for between $345,000 and $525,000 with the median being $418,000.  The days on market ranged from 1 week (8 day) to approaching 4.5 months (131 days) with the median being 3 weeks (20 days).  The median close price these homes was 98.5% of the last known list price.

Sis of the sellers granted the buyers closing cost assistance.  This assistance ranged from $2,000 to $14,000 with the median being $10,025.

There were no REO sales in Monrovia during the month and no short sales.

 

October 2019

During the month of October 2019, 7 existing detached homes in Monrovia, Md. have successfully completed the sales process.  These homes sold for between $341,500 and $670,000 with the median being $480,000.  The days on market ranged from 1 week (6 day) to 11.5 months (318 days) with the median being 1.5 months (46 days).  The median close price these homes was 100% of the last known list price.

Six of the sellers granted the buyers closing cost assistance.  This assistance ranged from $5,500 to $16,047 with the median being $10,500.

There were no REO sales in Monrovia during the month and no short sales.

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)

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 home
nov 019

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