Today's View - Feb. 22, 2020 - Mount Airy, Md. detached homes

By
Real Estate Agent with Century 21 - Redwood Realty MD581725

Today’s View – February 22, 2021 – 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 (2/22/21) not including new construction 11 such homes are on the market FOR SALE, another 37 are under contract, and 14 have sold in the last 30 days. The absorption rate (Active/30 day sold) is .85 which is considered a seller’s market

While the minimum lot size is just .12 acres and the maximum lot size is 65.58 acres, the median is 1.06 acres.

Of those active, 3 came to market in the last week. Of those under contact, 5 went under contract last week, and 5 of the 14 sold completed the process last week.

 

Two Bedrooms Homes

There are no two-bedroom detached homes covered by this report in Mount Airy on the market for sale currently, nor have any completed the sales process in the last 30 days.

There is only 1 two-bedroom detached home covered by this report in Mount Airy under some form of contact. The last known list price of this home is $269,900 after being on the for 2 months (65 days), and $329,900 after being on the market for approaching 2.5 months (71 days).

 

Three Bedrooms Homes

There are 3 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 being $424,900.  The days on the market for these homes range from new to the market (1 day) to approaching 2 weeks (10 days) with the median approaching 1 week (5 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 $225,000 to $695,000, with the median being $382,450.  The days on market for these homes ranged from new to the market (1 day) to 2.5 months (75 days) with the median being 1 week (7 days). 

In the last 30 days, 4 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $310,000 to $495,975 with the median being $457,500.  The days on market ranged from new to the market (3 days) to approaching 1 month (24 days), with the median approaching 2 weeks (11 days). 

 

Four Bedroom Homes

There are 7 four-bedroom detached homes on the market for sale in Mount Airy. These homes range in price from a low of $400,000 to $2,950,000 with the median being $515,000.  The days on the market for these homes range from new to the market (1 day) to 2 years (786 days) with the median being 2.5 months (45 days).

There are 17 four-bedroom detached homes in Mount Airy that are currently under contract.  The last known list price of these homes ranged from $350,000 to $749,900, with the median being $499,900.  The days on market for these homes ranged from new to the market (3 days) to 2.5 months (75 days) with the median being 1 week (7 days).

In the last 30 days, 9 four-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $399,999 to $941,000 with the median being $571,000.  The days on market for these homes ranged from new to the market (3 days) to 2 months (61 days) with the median approaching 1 week (5 days).

 

Five Bedroom Homes

There are 2 five-bedroom detached homes in Mount Airy on the market for sale. These homes are currently listed at $1,200,000 after being on the market for 1.5 months ( 42 days) and $1,800,000 after being on the market of 9.5 months (284 days).

There are 5 five-bedroom detached homes in Mount Airy that are currently under contract.   The last known list price of these homes ranges from $495,000 to $669,000 with the median being $625,000.  The days on the market for these homes range from approaching 1 week (4 days) to 3.5 months (108 days) with the median being 1 week (6 days).

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

 

Six Bedroom Homes

There are no six-bedroom detached homes in Mount Airy on the market for sale at the time of this report.

There are 3 six-bedroom detached homes in Mount Airy that are currently under contract.  The last known list price of these homes ranged from $775,000 to $1,650,000, with the median being $899,999.  The days on market for these homes ranged from approaching 1 week (4 days) to 1 month (33 days) with the median approaching 1 week (4 days).

In the last 30 days, 1 six-bedroom homes in Mount Airy has successfully completed the sales process. The closing price of this home being $900,000 after being on the market for a week (8 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)

Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thank you for sharing information about your local housing market. I find it interesting to see the various differences from markets around the US.

Feb 28, 2021 04:48 AM

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