Today's View - April 15, 2020 - Mount Airy Md. detached homes

By
Real Estate Agent with Weichert - McKenna & Vane MD581725

Today’s View – April 15, 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 (4/15/2020) not including new construction 37 such homes are on the market FOR SALE, another 48 under contract, 26 have sold in the last 30 days, and 9 have temporally been taken of the market by the sellers. The Absorption Rate (Active/30 day sold) is 1.42 which is considered a seller’s market

While the minimum lot size is just .05 acres and the maximum lot size is 50 acres, the median is 1 acre.

Of those active, 4 came to market in the last week. Of those under contact, 4 went under contact last week, and 6 of the 26 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 currently.  This home is currently on the market for $299,000 being on the market for 3 months (94 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 $279,000 after being on the market for approaching 1.5 months (41 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 $125,000 after being on the market for 1 week (8 days).

 

Three Bedrooms Homes

There are 11 three-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $234,900 to $425,000, with the median price being $323,000.  The days on market for these homes range from new to the market (2 days) to 1 year (367 days) with the median being 1 month (36 days).

There are 14 three-bedroom detached homes in Mount Airy that are under some form of contract.  The last known list price of these home ranges from $265,000 to $524,500, with the median being $357,500.  The days on market for these homes ranged from new to the market (2 days) to 3 months (90 days) with the median being 1 week (7 days). 

In the last 30 days, 14 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $312,000 to $680,000 with the median being $385,000.  The days on market ranged from new to the market (1 day) to 5,5 months (168 days), with the median being 1 week (6 days). 

 

Four Bedroom Homes

There are 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 $360,000 to $2,950,000, with the median being $550,000.  The days on the market for these homes range from new to the market (1 day) to 16 months (473 days) with the median being 1 month (30 days).

There are 23 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 $925,000, with the median being $510,000.  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, 7 four-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $345,000 to $965,000, with the median being $525,000.  The days on market for these homes ranged from approaching 1 week (3 days) to 14.5 months (436 days) with the median being 1 week (7 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 $554,500.  The days on market for these homes ranged from approaching 1 week (4 days) to 10.5 months (316 days) with the median 3 weeks (24 days).

There are 9 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 $459,900 to $1,800,000, with the median being $599,900.  The days on market for these homes ranged from approaching 1 week (4 days) to approaching 6 months (171 days) with the median being 1 week (7 days).

In the last 30 days, 3 five-bedroom existing detached homes in Mount Airy have successfully completed the sales process.  The closing price of these homes ranged from $385,000 to $590,000, with the median being $430,000.  The days on market for these homes ranged from new to the market (1 day) to 2 weeks (12 days) with the median approaching 1 week (5 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 2.5 months (72 days).

There are no six-bedroom existing detached homes in Mount Airy currently under any form of contract.

There is 1 six-bedroom existing detached home in Mount Airy that has successfully completed the sales process in the last 30 days.  This home sold $649,900 after being on the market for 19.6 months (588 days).

 

Seven Bedroom Homes

There is 1 seven-bedroom detached homes in Mount Airy currently on the market for sale.  This home is currently listed for $294,900 after being on the market for 2 weeks (13 days).

 or under any form of contract.

There are no seven-bedroom existing detached homes in Mount Airy under any form of contact and none that have successfully completed the sales process in the last 30 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
2020 Market Reports
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april 2020

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Rainmaker
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Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Mount Airy home buyers and sellers are sure to value your real estate market reports, Bob!

Apr 16, 2020 02:02 AM #1
Rainer
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Tracy Hawke, The Woodland Companies!
Woodland Management Service - Minocqua, WI
Wisconsin Forest Land Experts!

Thanks for the update on this community, all the best to you as you get many of these properties listed and sold.

Tracy

Apr 18, 2020 04:57 AM #2
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Bob Force (REALTOR®)

The FORCE in Maryland Real Estate
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