Today's View - April 27, 2020 - Mt. Airy, Md. townhouse sales market

By
Real Estate Agent with Weichert - McKenna & Vane MD581725

Today’s View April 27, 2020– Mount Airy, Md. 21771 - Townhouses

This is a market report for townhouses in Mount Airy, Md. 21771.  At the time of this report (4/27/20) there are 3 townhouses on the market FOR SALE, another 6 under contract, and 5 that have sold in the last 30 days.

Based on these statistics (Active / 30 days Sold) the Absorption rate is .6 months, which is considered a seller’s market.

 

Two-Bedroom Townhouses

While there are a few two-bedroom townhouses in Mount Airy currently there are none on the market for sale, none under any form of contact, and none that have successfully completed the sales process in the last 30 days.

 

Three-Bedrooms Townhouses

There are 2 three-bedroom townhouses in Mount Airy on the market for sale at the time of this report. These homes are currently listed for $230,000 after being on the market for 5 months (185 days), and $320,000 after being on the market for approaching 2 weeks (11 days).

There are 5 three-bedroom townhouses in Mount Airy under some form of contract.  The last known list price of these homes ranges from $299,500 to $340,000; with the median being $327,900.  The days on market for these home ranges from new to the market (3 days) to 2 weeks (17 days), with the median being 1 week (7 days).

In the last 30 days, 4 three-bedroom townhouses in Mount Airy have successfully completed the sales process. The closing price of these homes ranges from $244,990 to $330,000, with the median being $267,475.  The days on market for these homes ranges from approaching 1 week (5 days) to 1.5 months (41 days), with the median approaching 3 weeks (18 days).

 

Four-Bedroom Townhouses

There is 1 four-bedroom townhouse in Mount Airy currently on the market for sale. This home is currently listed for $259,000 and has been on the market for 3 months (88 days).

There is currently 1 four-bedroom townhouse in Mount Airy under some form of contract. The last known list price of this home is $315,900 after being on the market for 1 week (8 days).

In the last 30 days, 1 four-bedroom townhouse in Mount Airy has successfully completed the sales process. The closing price of these home is $232,000 after being on the market for 1 week (9 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 and detached 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:
Real Estate Market Trends
Location:
Maryland Frederick County Mount Airy
Groups:
1st Time Buyers
WEICHERT, REALTORS - New Colony
The Ninety-ninth Percentile
2020 Market Reports
Tags:
townhouses
mount airy
april 2020

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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 update. The townhouse market seems to be more popular on the east coast than the midwest. Enjoy your day! 

Apr 28, 2020 05:37 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

May 04, 2020 09:07 PM #2
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Bob Force (REALTOR®)

The FORCE in Maryland Real Estate
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