Today's View - June 8, 2020 - Mount Airy, Md townhouse market

Today’s View June 8, 2020– Mount Airy, Md. 21771 - Townhouses

This is a market report for townhouses in Mount Airy, Md. 21771.  At the time of this report (6/8/2020) there are 6 townhouses on the market FOR SALE, another 4 under contract, and 2 that have sold in the last 30 days.

Based on these statistics (Active / 30 days Sold) the Absorption rate is 3 months, which is considered a normal market.

Two-Bedroom Townhouses

While there are a few two-bedroom townhouses in Mount Airy currently there are none on the market for sale, none under any form of contact, and none that have successfully completed the sales process in the last 30 days.

Three-Bedrooms Townhouses

There are 5 three-bedroom townhouses in Mount Airy on the market for sale at the time of this report. These homes are currently listed from $314,900 to $339,000, with the median being $329,000. The days on market range from approaching a week (4 days) to approaching 2 months (52 days), with the median approaching 1 month (25 days).

There are 4 three-bedroom townhouses in Mount Airy under some form of contract.  The last known list price of these homes ranges from $230,000 to $327,900; with the median being $282,500.  The days on market for these home ranges from approaching 1 week (5 days) to 7 weeks (214 days), with the median approaching 2 weeks (11 days).

In the last 30 days, 2 three-bedroom townhouses in Mount Airy have successfully completed the sales process. The closing price of these homes being $315,000 after being on the market for 1 week (7 days) and $343,000 after being on the market for 1 week (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 approaching 4.5 months (129 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.