Today's View - September 7, 2020 - Monrovia, Md. detached homes

By
Real Estate Agent with Century 21 - Redwood Realty MD581725

Today’s View – September 7, 2020 – Monrovia, Md. 21770

This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (09/07/2020) there are 3 such homes on the market FOR SALE, another 10 that are under contract, and 7 that has sold in the last 30 days.  The absorption rate (Active/Sold in 30 days) is .42, considered by many to be a Seller’s market.

While the lot sizes range from .16 acres to 4.47 acres, the median lot size is .99 acres.  Of the 20 homes covered in this report 15 comes with a 2 car garage.

Of the 3 active homes on the market, none were added this last week, of those under contact 1 went under contact last week, and 2 of the 7 that completed the process the last 30 days did so last week.

Two Bedrooms

There are at this time no two-bedroom existing detached homes in this area on the market for sale and none have successfully completed the sales process in the last 30 days.

There is one two-bedroom existing detached home in Monrovia under some form of contract at the time of this report. The last known list price of this home is $169,900 after being on the market was 3 days.

 

Three Bedrooms

There are at this time 1 three-bedroom existing detached homes in this area on the market for sale. This home is currently listed for $424,900 having been on the market for 1 week (7 days).

There is 1 three-bedroom existing detached homes in this area under some form of contract at the time of this report. The last known list price of this home is $199,900 after being on the market for 2 weeks (12 days).

 

In the last 30 days, 2 three-bedroom existing detached home in Monrovia have successfully completed the sales process.   These homes sold for $368,500 after being on the market for approaching 1 week (4 days) and $450,000 after being on the market for 1 month (30 days).

 

Four Bedrooms

There are 2 four-bedroom existing detached homes in this area on the market for sale. The current list prices of this homes being $800,760 after being on the market for approaching 2 weeks (11 days) and $1,049,000 after being on the market for approaching 1.5 months (40 days).

There are 5 four-bedroom existing detached homes in this area under some form of contract at the time of this report. The last known list prices of these homes ranging from $389,900 to $674,900 with the median being $645,000.  The days on market for these homes ranges from new to the market (1 day) to approaching 6 months (170 days), with the median being 1 week (6 days).

 

In the last 30 days, 4 four-bedroom existing detached home in Monrovia have successfully completed the sales process.   The sales price of these homes ranged from $380,000 to $690,000 with the median being $441,500.  The days on market for these homes ranges from approaching 1 week (4 days) to 2 weeks (15 days), with the median being 1 week (6 days).

 

 

Five Bedrooms

 

There are no five-bedroom existing detached home in Monrovia for sale at the time of this report and none that have successfully completed the sales process in the last 30 days.

 

There are 2 five-bedroom existing detached homes in Monrovia currently under some form of contact. The last known list price of these homes being $399,999 after being on the market for 2 weeks (14 days) and $699,900 after being on the market for approaching 1.5 months (38 days).

 

 

Six Bedrooms

 

There is no six-bedroom existing detached home in Monrovia on the market for sale at this time and none under any contract at this time.

 

There is one no six-bedroom existing detached homes in Monrovia completed the sales process in the last 30 days.  This home sold for $913,000 after being on the market for a single day.

 

 

If you have any questions about this report, please call me, check out my website, or send me an email.  I look forward to helping you with your real estate needs.

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 (2)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

A lot of good options out there for somebody take me to get back out into the real world and live life as best as possible in these crazy times.

Sep 07, 2020 09:30 PM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Monrovia home buyers and sellers are sure to value your real estate market report, Bob!

Sep 08, 2020 06:41 PM

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?