Today's View - March 1, 2021 - Mount Airy, Md. detached homes

By
Real Estate Agent with Century 21 - Redwood Realty MD581725

Today’s View – March 1, 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 (3/1/21) not including new construction 9 such homes are on the market FOR SALE, another 32 are under contract, and 16 have sold in the last 30 days. The absorption rate (Active/30 day sold) is .562 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 1.00 acres.

Of those active, 3 came to market in the last week. Of those under contact, 5 went under contract last week, and 7 of the 16 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 any under contract at this time.

There is only 1 two-bedroom detached home covered by this report that has successfully completed the sales process in the last 30 days. The last known list price of this home is $261,000 after being on the for 2 months (65 days).

 

Three Bedrooms Homes

There are no three-bedroom detached homes in Mount Airy currently on the market for sale.

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 $399.950.  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 (6 days). 

In the last 30 days, 6 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 $398,000.  The days on market ranged from 1 week (7 days) to over 1 month (37 days), with the median 1 week (7 days). 

 

Four Bedroom Homes

There are 6 four-bedroom detached homes on the market for sale in Mount Airy. These homes range in price from a low of $378,000 to $2,950,000 with the median being $454,500.  The days on the market for these homes range from approaching 1 week (4 day) to 2 years (793 days) with the median being 2 months (61 days).

There are 16 four-bedroom detached homes in Mount Airy that are currently under contract.  The last known list price of these homes ranged from $380,000 to $749,900, with the median being $510,000.  The days on market for these homes ranged from new to the market (2 days) to 2.5 months (75 days) with the median being 1 week (6 days).

In the last 30 days, 7 four-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $360,000 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 (49 days) and $1,800,000 after being on the market of approaching 10 months (291 days).

There are 4 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 $637,500.  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, 1 five-bedroom detached home in Mount Airy has successfully completed the sales process.  This home sold for $616,250 after being on the market for 1 week (7 days).

 

Six Bedroom Homes

There is 1 six-bedroom detached homes in Mount Airy on the market for sale at the time of this report.  This home is currently listed at $875,000 after being on the market for approaching 1 week (4 days).

There are 2 six-bedroom detached homes in Mount Airy that are currently under contract.  The last known list price of these homes ranged being $899,999 after being on the marker for approaching 1 week (4 days) and $1,650,000 after being on the market for 1 month (33 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 $775,000 after being on the market for approaching a week (4 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 (2)

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

Bob Force (REALTOR®) Thank you for sharing this market report!

Mar 01, 2021 03:10 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Yes - we all need more inventory- But I am not surprised that lots of people want to live in Mt Airy - it is a lovely community.

Mar 01, 2021 08:44 PM

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