Today's View - Mar. 27, 2020 - Mount Airy, Md. Detached homes

By
Real Estate Agent with Weichert - McKenna & Vane MD581725

Today’s View – Mar 27, 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 (3/27/2020) not including new construction 39 such homes are on the market FOR SALE, another 52 under contract, and 28 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 1.39 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 .98 acres.

Of those active, 8 came to market in the last week. Of those under contact, 7 went under contact last week, and 3 of the 28 sold completed the process last week.

 

Two Bedrooms Homes

There are 2 two-bedroom existing detached home in Mount Airy on the market for sale currently.  These homes are currently on the market for $289,900 having been on the market for 3 weeks (22 days) and $299,000 being on the market for 2.5 months (75 days).

There are also 2 two-bedroom existing detached home under some form of contract. The last known list price and day on market of these homes being, $199,900 after being on the market for a week (8 days) and $304,900 after being on the market for approaching 3 weeks (18 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 $215,000 after being on the market for 3.5 months (104 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 $215,000 to $469.000, with the median price being $364,900.  The days on market for these homes range from new to the market (1 day) to 11.5 months (348 days) with the median approaching 3 weeks (19 days).

There are 20 three-bedroom detached homes in Mount Airy that are under some form of contract.  The last known list price of these home ranges from $200,000 to $679,900, with the median being $357,500.  The days on market for these homes ranged from new to the market (1 days) to approaching 3.5 months (100 days) with the median being 1 week (6 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 $168,623 to $443.055 with the median being $345,000.  The days on market ranged from 1 week (5 days) to 7 months (204 days), with the median being 1 month (31 days). 

 

Four Bedroom Homes

Clearly, the 13 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 $399,900 to $2,950,000, with the median being $510,000.  The days on the market for these homes range from new to the market (1 day) to approaching 15 months (454 days) with the median being 1.5 months (43 days).

There are 21 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 $230,000 to $965,000, with the median being $525,000.  The days on market for these homes ranged from approaching 1 week (3 days) to approaching 9 months (268 days) with the median being 2 weeks (16 days).

In the last 30 days, 11 four-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $411,100 to $699,900, with the median being $535,000.  The days on market for these homes ranged from approaching 1 week (4 day) to 14.5 months (436 days) with the median approaching 3 months (80 days).

 

Five Bedroom Homes

There are 10 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 $389,900 to $1,929,000 with the median being $584,450.  The days on market for these homes ranged from new to the market (1 day) to 10 months (297 days) with the median 3 weeks (22 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 $389,900 to $1,800,000, with the median being $512,450.  The days on market for these homes ranged from new to the market (1 day) to 6 months (171 days) with the median approaching 2 weeks (10 days).

In the last 30 days, 6 five-bedroom existing detached homes in Mount Airy have successfully completed the sales process.  The closing price of these homes ranged from $415,000 to $590,000, with the median being $489,900.  The days on market for these homes ranged from new to the market (2 days) to 3.5 months (109 days) with the median being 1 week (9 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 $775,000 after being on the market for approaching 2 months (53 days).

There is also 1 six-bedroom existing detached home in Mount Airy under some form of contract.  The last known list price of this home is $649,900 after being on the market for 19.6 months (588 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 or 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 $1,070,000 after being on the market for 9 months (270 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.

 

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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WEICHERT, REALTORS - New Colony
The Ninety-ninth Percentile
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