Today's View - June 8, 2020 - Monrovia, Md detached homes

By
Real Estate Agent with Century 21 - Redwood Realty MD581725

Today’s View – June 8, 2020 – Monrovia, Md. 21770

This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (06/8/2020) there are 3 such homes on the market FOR SALE, another 13 that are under contract, and 6 that has sold in the last 30 days.  The absorption rate (Active/Sold in 30 days) is .5, considered by many to be a Seller’s market.

While the lot sizes range from .11 acres to 4.19 acres, the median lot size is 1.07 acres.

Of the 22 homes covered in this report 16 comes with a 2 car garage.

Of the 3 active homes on the market, none were added this last week, of those under contact 3 went under contact last week, and 3 of the 6 that completed the process the last 30 days did so last week.

 

Three Bedrooms

There are at this time no three-bedroom existing detached homes in this area on the market for sale.

There are 3 three-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 $369,900 to $534,900 with the median being $410,000.  The days on market for these homes ranges from approaching 1 week (3 days) to 2 months (66 days), with the median being 1 week (7 days).

In the last 30 days, 1 three-bedroom existing detached home in Monrovia has successfully completed the sales process.   This home sold for $379,900 after being on the market for approaching 2 months (58 days).

 

Four Bedrooms

There is 1 four-bedroom existing detached homes in this area on the market for sale. The current list prices of this home being $720,000 after being on the market for approaching 5 months (141 days).

There are 8 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 $398,900 to $610,000 with the median being $548,000.  The days on market for these homes ranges from approaching 1 week (4 days) to 13 months (389 days), with the median approaching 2 months (51 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 $610,000 with the median being $474,9--.  The days on market for these homes ranges from approaching 1 week (3 days) to approaching 3 weeks (18 days), with the median being 1 week (6 days).

 

Five Bedrooms

There are no five-bedroom existing detached homes in Monrovia for sale at the time of this report.

There are 2 five-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 being $329,900 after being on the market for (x days) and $525,000 after being on the market for (x days).

In the last 30 days, 1 five-bedroom existing detached home in Monrovia has successfully completed the sales process.  This home sold for $485,000 after being on the market for 6 months (182 days).

 

Six Bedrooms

There is 1 six-bedroom existing detached home on the market for sale in Monrovia at this time.  The home is currently listed for $439,900 after being on the market for 3 months (97 days).

There are no six-bedroom existing detached homes in Monrovia under any form of contract and none that have successfully completed the sales process in the last 30 days.

 

 

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
Weichert Realtors - McKenna & Vane
108 E. Ridgeville Blvd           
Mount Airy, Md. 21771 

            
(301) 237-2277  (c)
(301) 703-8605  (O)

My Website

 

Hope this was of some value to you.

Please ICE your cellphones!

May this FORCE be with you

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Rainmaker
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Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Monrovia home buyers and sellers are sure to value your real estate market reports, Bob.

Jun 08, 2020 08:13 PM #1
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Rainmaker
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Bob Force (REALTOR®)

The FORCE in Maryland Real Estate
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