Today's View - May 6, 2020 - Mount Airy, Md detached homes

By
Real Estate Agent with Century 21 - Redwood Realty MD581725

Today’s View – May 6, 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 (5/6/2020) not including new construction 38 such homes are on the market FOR SALE, another 43 under contract, 32 have sold in the last 30 days, and 4 have temporally been taken of the market by the sellers. The Absorption Rate (Active/30 day sold) is 1.18 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, 8 came to market in the last week. Of those under contact, 6 went under contact last week, and 9 of the 33 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 $469,000 being on the market for 2 weeks (14 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 $275,000 after being on the market for a single day, and $279,000 after being on the market for approaching 1.5 months (41 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 $308,000 after being on the market for approaching 3 weeks (18 days).

 

Three Bedrooms Homes

There are 10 three-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $199,000 to $459,900, with the median price being $387,290.  The days on market for these homes range from new to the market (2 days) to 13 months (387 days) with the median approaching 3 weeks (18 days).

There are 10 three-bedroom detached homes in Mount Airy that are under some form of contract.  The last known list price of these home ranges from $234,900 to $379,900, with the median being $332,450.  The days on market for these homes ranged from new to the market (3 days) to 3 months (90 days) with the median being 3 weeks (22 days). 

In the last 30 days, 16 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $268,000 to $600,000 with the median being $384,950.  The days on market ranged from new to the market (1 day) to 3 months (92 days), with the median being 1 week (5 days). 

 

Four Bedroom Homes

There are 15 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 $545,000.  The days on the market for these homes range from new to the market (3 days) to 16.5 months (494 days) with the median approaching 1 month (26 days).

There are 19 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 $249,900 to $625,000, with the median being $459,900.  The days on market for these homes ranged from approaching 1 week (4 days) to approaching 9 months (268 days) with the median being 3 weeks (20 days).

In the last 30 days, 12 four-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $233,000 to $790,000, with the median being $521,500.  The days on market for these homes ranged from new to the market (3 days) to 5.5 months (164 days) with the median being 1 week (7 days).

 

Five Bedroom Homes

There are 9 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 $569,900.  The days on market for these homes ranged from new to the market (1 day) to 11 months (337 days) with the median 1.5 months (48 days).

There are 12 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 $495,000 to $1,800,000, with the median being $579,000.  The days on market for these homes ranged from new to the market (3 days) to approaching 13 months (382 days) with the median being 2 weeks (14 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 $459,900 to $750,000, with the median being $584,900.  The days on market for these homes ranged from 1 week (6 days) to 3 weeks (24 days) with the median 1 week (7 days).

 

Six Bedroom Homes

There are 2 six-bedroom existing detached home in Mount Airy on the market for sale. The current list price of these homes both being $775,000, one has been on the market for approaching 1 week (5 days) and 3 months (93 days).

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

There no six-bedroom existing detached home in Mount Airy that have successfully completed the sales process in the last 30 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 1 month (34 days).

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
Century 21 - Redwood Realty
8 2nd St. Suite 100         
Frederick Md. 21701 

            
(301) 237-2277  (c)
(301) 685-0664  (O)

 

 

Hope this was of some value to you.

Please ICE your cellphones!

May this FORCE be with you

Comments (5)

Joseph Doohan
Joseph Doohan - Las Vegas, NV
I offer business strategy advice for realtors

Thank you for taking the time to keep us informed and up to date. Wishing you a great weekend ahead! stay safe!

May 07, 2020 01:01 AM
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 report, Bob!

May 07, 2020 01:58 AM
The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

Thanks for sharing the information on this community, I hope you sell many of these homes. 

Sara

May 08, 2020 10:31 PM

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