Today's View - Nov. 16, 2019 - Mount Airy, Md detached homes

By
Real Estate Agent with Weichert - McKenna & Vane MD581725

Today’s View – November 16, 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 (11/16/19) not including new construction 66 such homes are on the market FOR SALE, another 37 under contract, and 21 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 3.14 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, none came to market in the last week. Of the 37 under contact, 7 went under contact last week, and 2 of the 21 sold completed the process last week.

 

Two Bedrooms Homes

There is 1 two-bedroom existing detached home in Mount Airy on the market for sale. This home is currently listed for $245,000 after being on the market for 2 months (55 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 $210,000 to $239,900, with the median price being $213,750.  The days on market for these homes range from approaching 2 weeks (11 days) to 4 months (117 days) with the median being 2 weeks (20 days).

One two-bedroom existing detached home has successfully completed the sales process in the last 30 days in Mount Airy.  This home sold for $289,900 after being on the market for less than a week (3 days).

 

Three Bedrooms Homes

There are 20 three-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $262,400 to $525,000, with the median price being $374,450.  The days on market for these homes range from 1 week (8 days) to approaching 7.5 months (220 days) with the median being 2 months (51 days).

There are 12 three-bedroom detached homes in Mount Airy that are under some form of contract.  The last known list price of these home ranges from $179,500 to $559,900, with the median being $346,275.  The days on market for these homes ranged from 1 week (5 days) to approaching 5.5 months (160 days) with the median being 1 month (35 days). 

In the last 30 days, 8 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $318,900 to $1,380,000, with the median being $394,950.  The days on market ranged from approaching 1 week (6 days) to 8 months (250 days), with the median being 1 month (29 days). 

 

Four Bedroom Homes

Clearly, the 26 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 $527,450.  The days on the market for these homes range from approaching 2 weeks (12 days) to 11 months (322 days) with the median approaching 2 months (51 days).

There are 12 four-bedroom detached homes in Mount Airy that are currently under some form of contract.  The last known list price of these homes ranged from $299,900 to $599,000, with the median being $432.450.  The days on market for these homes ranged from approaching 2 weeks (11 days) to 4.5 months (138 days) with the median approaching 3 months (81 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 $805,000, with the median being $487,000.  The days on market for these homes ranged from new to the market (1 day) to 2 months (65 days) with the median being 1 month (29 days).

 

Five Bedroom Homes

There are 16 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 $999,750 with the median being $568,950.  The days on market for these homes ranged from 1 week (9 days) to 6 months (181 days) with the median being 2 months (65 days).

There are 8 five-bedroom existing detached homes in Mount Airy that are currently under some form of contract.  The last known price of these home ranges from a low of $414,900 to $1.949.000, with the median being $539,500.  The days on market for these homes ranged from approaching 1 week (3 days) to approaching 8 months (234 days) with the median approaching 4 months (99 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 $450,000 to $750,000, with the median being $600,000.  The days on market for these homes ranged from approaching 2 weeks (11 days) to 2 weeks (15 days) with the median being 2 weeks (13 days).

 

Six Bedroom Homes

There is 1 six-bedroom existing detached home in Mount Airy on the market for sale. The current list price of this home being $525,000 after being on the market for approaching 1.5 months (37 days).

There are 2 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) and $649,900 after being on the market for 16.5 months (500 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 $1,100,000 and has been on the market for 8 months (234 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 $565,000 and has been on the market for 6 months (177 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.

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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WEICHERT, REALTORS - New Colony
The Ninety-ninth Percentile
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Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bob. Thanks for the detailed Mount Airy detached homes market report. Enjoy your day!

Nov 17, 2019 04:33 AM #1
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