Today's View - September 14, 2020 - Mount Airy, Md detached homes

By
Real Estate Agent with Century 21 - Redwood Realty MD581725

Today’s View – September 14, 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 (9/14/2020) not including new construction 26 such homes are on the market FOR SALE, another 59 are under contract, and 47 have sold in the last 30 days. The absorption rate (Active/30 day sold) is .55 which is considered a seller’s market

While the minimum lot size is just .08 acres and the maximum lot size is 169.09 acres, the median is 1.12 acres.

Of those active, 8 came to market in the last week. Of those under contact, 9 went under contract last week, and 4 of the 47 sold completed the process last week.

 

Two Bedrooms Homes

There is 1 two-bedroom detached home in Mount Airy on the market for sale currently.  This home is currently listed at $364,900 and has been on the market for 1.5 months.

There are 6 two-bedroom detached homes in Mount Airy currently under contact. The last known list price of these homes ranges from $209,900 to $385,000, with the median price being $317,500.  The days on market for these homes range from approaching 1 week (4 days) to 8 months (242 days) with the median being 1 month (31 days).

In the last 30 days, no two-bedroom detached home has successfully completed the sales process in Mount Airy.

 

Three Bedrooms Homes

There are 8 three-bedroom detached homes in Mount Airy on the market for sale. These homes range in price from a low of $375,000 to $499,900, with the median price being $425,000.  The days on market for these homes range from approaching 1 week (4 days) to 17 months (518 days) with the median being 1 week (9 days).

There are 10 three-bedroom detached homes in Mount Airy that are under contract.  The last known list price of these homes ranges from $319,900 to $650,000, with the median being $389,950.  The days on market for these homes ranged from new to the market (1 day) to 2 months (58 days) with the median approaching 1 week (4 days). 

In the last 30 days, 17 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $197,000 to $481,000 with the median being $350,000.  The days on market ranged from approaching 1 week (4 days) to 13 months (389 days), with the median being 2 weeks (13 days). 

 

Four Bedroom Homes

There are 11 four-bedroom detached homes on the market for sale in Mount Airy. These homes range in price from a low of $399,000 to $2,950,000, with the median being $569,000.  The days on the market for these homes range from new to the market (3 days) to 20 months (625 days) with the median being 2 weeks (12 days).

There are 27 four-bedroom detached homes in Mount Airy that are currently under contract.  The last known list price of these homes ranged from $330,000 to $769,000, with the median being $499,900.  The days on market for these homes ranged from new to the market (1 day) to 3 months (90 days) with the median approaching 1 week (5 days).

In the last 30 days, 20 four-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $340,000 to $1,100,000 with the median being $532,500.  The days on market for these homes ranged from new to the market (3 days) to 4.5 months (134 days) with the median being 1 week (8 days).

 

Five Bedroom Homes

There are 4 five-bedroom detached homes in Mount Airy on the market for sale. The current list price of these homed ranges from a low of $749,000 to $1,800,000 with the median being $849,450.  The days on market for these homes ranged 3 weeks (19 day) to 4.5 months (136 days) with the median being 2.5 months (75 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 $389,900 to $1,900,000, with the median being $804,950.  The days on market for these homes ranged from new to the market (2 days) to 18 months (549 days) with the median being 2 weeks (12 days).

In the last 30 days, 9 five-bedroom detached homes in Mount Airy have completed the sales process.  The closing price of these homes ranged from $344,900 to $1,600,000, with the median being $750,000.  The days on market for these homes ranged from new to the market (3 days) to 1 year (355 days) with the median being 3 weeks (22 days).

 

Six Bedroom Homes

There is 1 six-bedroom detached home in Mount Airy on the market for sale. The current list price of these home is $2,900,000 and has been on the market 3 weeks. 

There are 4 six-bedroom detached homes in Mount Airy that are currently under contract.  The last known price of these homes ranges from a low of $599,000 to $1,895,000, with the median being $749,500.  The days on market for these homes ranged from 1 month (32 days) to 6 months (178 days) with the median being 2 months (54 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 approaching 2 weeks (10 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 $209,900 after being on the market for 5.5 months (162 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.

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 (1)

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!

Sep 14, 2020 05:17 PM