Today’s View – August 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 (8/6/2020) not including new construction 21 such homes are on the market FOR SALE, another 70 are under contract, and 51 have sold in the last 30 days. The absorption rate (Active/30 day sold) is .43 which is considered a seller’s market
While the minimum lot size is just .08 acres and the maximum lot size is 50 acres, the median is .95 acres.
Of those active, 5 came to market in the last week. Of those under contact, 12 went under contract last week, and 12 of the 51 sold completed the process last week.
Two Bedrooms Homes
There are 2 two-bedroom detached home in Mount Airy on the market for sale currently. These homes are currently listed for $310,000 after being on the market for approaching 2 months (55 days) and $374,900 after being on the market for 1 week (7 days).
There are 2 two-bedroom detached homes under contract at this time. The last know list price of these homes being $209,900 after being on the market for 8 months (242 days) and $290,000 after being on the market for 1 month (36 days).
In the last 30 days, 1 two-bedroom detached home has successfully completed the sales process in Mount Airy. This home sold for $435,000 after being on the market for approaching 2 months (52 days).
Three Bedrooms Homes
There are 4 three-bedroom detached homes in Mount Airy on the market for sale. These homes range in price from a low of $205,000 to $425,000, with the median price being $406,650. The days on market for these homes range from new to the market (1 day) to 16 months (479 days) with the median approaching 3 weeks (18 days).
There are 24 three-bedroom detached homes in Mount Airy that are under contract. The last known list price of these homes ranges from $250,000 to $474,900, with the median being $370,900. The days on market for these homes ranged from new to the market (2 days) to 13 months (389 days) with the median being 2 weeks (13 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 $245,000 to $459,900 with the median being $358,500. The days on market ranged from new to the market (1 day) to 3.5 months (106 days), with the median being 1 week (6 days).
Four Bedroom Homes
There are 6 four-bedroom detached homes on the market for sale in Mount Airy. These homes range in price from a low of $329,000 to $1,300,000, with the median being $543,450. The days on the market for these homes range from new to the market (1 day) to 7 months (214 days) with the median being 3 weeks (22 days).
There are 30 four-bedroom detached homes in Mount Airy that are currently under contract. The last known list price of these homes ranged from $334,000 to $1,150,000, with the median being $522,450. The days on market for these homes ranged from new to the market (3 days) to 4.5 months (134 days) with the median approaching 2 weeks (12 days).
In the last 30 days, 28 four-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $315,000 to $645,000, with the median being $437,499. The days on market for these homes ranged from new to the market (1 day) to approaching 8 months (230 days) with the median being 1 week (8 days).
Five Bedroom Homes
There are 5 five-bedroom detached homes in Mount Airy on the market for sale. The current list price of these homed ranges from a low of $389,900 to $1,800,000 with the median being $749,000. The days on market for these homes ranged from new to the market (3 days) to 14 months (421 days) with the median being 3 months (97 days).
There are 12 five-bedroom detached homes in Mount Airy that are currently under contract. The last known price of these homes ranges from a low of $344,900 to $1,800,000, with the median being $717,400. The days on market for these homes ranged from new to the market (3 days) to about 1 year (355 days) with the median approaching 3 weeks (18 days).
In the last 30 days, 5 five-bedroom detached homes in Mount Airy have completed the sales process. The closing price of these homes ranged from $500,000 to $770,000, with the median being $600,000. The days on market for these homes ranged from new to the market (1 day) to 1.5 months (47 days) with the median being 1 week (8 days).
Six Bedroom Homes
There are 2 six-bedroom detached homes in Mount Airy on the market for sale. The current list price of these homes are $749,000, after being on the market for 1.5 months (42 days) and $1,995,000 after being on the market for 1 week (6 days).
There are 2 six-bedroom detached homes in Mount Airy currently under some contract. The last know list price of these homes being $624,900 and it was on the market for approaching 2 weeks (10 days) and $750,000 after being on the market for 6 months (178 days).
In the last 30 days, 1 six-bedroom detached home in Mount Airy has completed the sales process. This home sold for $610,000 after being on the market for less than 1 week (3 days).
Seven Bedroom Homes
There is 1 seven-bedroom detached home in Mount Airy currently on the market for sale. This home is currently listed for $249,900 after being on the market for 4 months (123 days).
There are no seven-bedroom detached homes in Mount Airy under 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.
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