Today's View - Jan. 5, 2020 - Mount Airy, Md. Detached Homes

By
Real Estate Agent with Weichert - McKenna & Vane MD581725

Today’s View – January 5, 2020 – 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 (1/5/2020) not including new construction 39 such homes are on the market FOR SALE, another 26 under contract, and 16 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 2.43 which is considered a seller’s market

While the minimum lot size is just .03 acres and the maximum lot size is 50 acres, the median is .92 acres.

Of those active, 2 came to market in the last week. Of those under contact, 8 went under contact last week, and 1 of the 16 sold completed the process last week.

 

Two Bedrooms Homes

There are no two-bedroom existing detached home in Mount Airy on the market for sale currently.

There are 2 two-bedroom existing detached homes under some form of contract. The last known list price and day on market of these homes being, $245,000 after being on the market for 3 months (84 days) and $250,000 after being on the market for 1 week (4 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 $210,000 after being on the market for 3 weeks (20 days).

 

Three Bedrooms Homes

There are 13 three-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $217,600 to $525,000, with the median price being $384,900.  The days on market for these homes range from new to the market (1 day) to 9 months (270 days) with the median being 2.5 months (79 days).

There are 9 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 $399,990, with the median being $299,000.  The days on market for these homes ranged from 1 week (8 days) to 7.5 months (225 days) with the median approaching 3 months (81 days). 

In the last 30 days, 6 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $295,000 to $502,876 with the median being $360,375.  The days on market ranged from approaching 1 week (4 days) to approach 5.5 months (160 days), with the median being 2 month (63 days). 

 

Four Bedroom Homes

Clearly, the 17 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 $329,999 to $2,950,000, with the median being $515,900.  The days on the market for these homes range from 2 weeks (16 days) to approaching 12.5 months (372 days) with the median being 2.5 months (73 days).

There are 7 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 $355,000 to $599,000, with the median being $460,000.  The days on market for these homes ranged from 1 month (30 days) to 4.5 months (137 days) with the median being 3.5 months (103 days).

In the last 30 days, 5 four-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $365,000 to $599,000, with the median being $460,000.  The days on market for these homes ranged from 3 weeks (24 day) to 3 months (93 days) with the median being 1.5 month (43 days).

 

Five Bedroom Homes

There are 8 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 $559,400.  The days on market for these homes ranged from 3 weeks (23 days) to 7 months (215 days) with the median approaching months (102 days).

There are 6 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 $425,000 to $749,999, with the median being $539,900.  The days on market for these homes ranged from 1 week (7 days) to approaching 8 months (234 days) with the median being 2 months (57 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 $515,000 to $740,000, with the median being $530,750.  The days on market for these homes ranged from approaching a week (3 days) to 6 months (179 days) with the median approaching 1.5 months (39 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 $649,900 after being on the market for 2 months (58 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 ranges from $434,999 to $449,900, with the median being $475,000.  The days on market ranges from a week (5 days) to18 months (545 days), with the median approaching 2 months (50 days).

In the last 30 days, no six-bedroom existing detached home in Mount Airy has successfully completed the sales process.

 

Seven Bedroom Homes

There are no seven-bedroom detached homes in Mount Airy currently on the market for sale.

There is 1 seven-bedroom existing detached home in Mount Airy currently under some form of contact.  The last known list price of this home is $1,100,000 and it has been on the market for 9 months (270 days).

In the last 30 days, no seven-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)

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:
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Maryland Frederick County Mount Airy
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WEICHERT, REALTORS - New Colony
The Ninety-ninth Percentile
2020 Market Reports
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detached homes
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jan 2020

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Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bob. Hope more inventory is available soon. Thanks for the update. Enjoy your day.

Jan 06, 2020 04:56 AM #1
Rainmaker
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Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

This real estate market data is valuable to home buyers and sellers in Mount Airy, Bob.

Jan 06, 2020 06:12 PM #2
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Bob Force (REALTOR®)

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