Today's View - June 17, 2020 - Mount Airy, Md. townhouse market

Today’s View June 17, 2020– Mount Airy, Md. 21771 - Townhouses

This is a market report for townhouses in Mount Airy, Md. 21771.  At the time of this report (6/17/2020) there are 2 townhouses on the market FOR SALE, another 9 under contract, and 3 that have sold in the last 30 days.  There are another 3 with a status of coming soon.

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, 1 under any form of contact, and none that have successfully completed the sales process in the last 30 days.

The last know list price of the home under contact is $260,000 and it was only on the market for 2 days.

Three-Bedrooms Townhouses

There is only 1 three-bedroom townhouse in Mount Airy on the market for sale at the time of this report. This home is currently listed from $315,000 and has been on the market for 1 month (34 days).

There are 8 three-bedroom townhouses in Mount Airy under some form of contract.  The last known list price of these homes ranges from $230,000 to $339,000; with the median being $309,95-.  The days on market for these home ranges from new to the market (2 days) to 7 months (214 days), with the median being 3 weeks (19 days).

In the last 30 days, 3 three-bedroom townhouses in Mount Airy have successfully completed the sales process. The closing price of these homes ranging from $315,000 to $343,000, with the medina being $320,000. The days on market ranged for these homes ranged for 1 to 7 days, with the median being 6 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 $254,900 and has been on the market for 3 months (97 days).

There is currently no four-bedroom townhouse in Mount Airy under any form of contract.

In the last 30 days, no four-bedroom townhouse in Mount Airy has successfully completed the sales process.

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.