Today’s View – Mar. 3, 2023 – Monrovia, Md. 21770 – Detached homes

Today’s View –  March 3, 2023 – Monrovia, Md. 21770 – Detached Homes

This is a market report for Detached in Monrovia, Md. 21770.  At the time of this report (3/3/2023) 5 such homes are on the market FOR SALE, another 6 are currently under contract, and 6 have completed the sales process in the last 30 days.  This gives us an absorption rate (active/sold in 30 days) of .88, clearly a seller’s market.

Of the 5 that are currently active, none came to market in the last 7 days.  The homes in this report are on land ranging in size from.11 acres to 3.65 acres; with the median being .89 acres.  While 6 of the home come with no garage, 12 come with a 2 car garage and 1 with a 4 car garage.

Two Bedroom Homes

There are no two-bedroom detached homes in Monrovia currently on the market for sale, nor any that have success fully completed the sales process in the last 30 days. 

There is 1 detached home currently under contract in Monrovia.  The last known list price of this home is currently listed for $425,000 after being on the market for just days (2 days).

Three Bedroom Homes

There are 2 three-bedroom detached homes in Monrovia currently on the market for sale. The current list price of these being $484,000 after being on the market for 2 weeks (13 days), and $569,000 after being on the market for 1 month (31 days).

There are 2 three-bedroom detached homes in Monrovia that is currently under contract.  The last known list price being $445,000 after being on the market for 1 week (4 days), and $550,000 after being on the market for 3 months (94 days).

In the last 30 days, 2 three-bedroom detached home in Monrovia have successfully completed the sales process.  These homes sold for $424,000 after being on the market for 3 weeks (23 days), and $489,000 after being on the market for 1 week (7 days).

Four Bedroom Homes

There are 3 four-bedroom detached homes in Monrovia currently on the market for sale. The current list prices for these homes ranges from $479,900 to $735,000; with the median being $539,000.  The day on market for these homes ranges from 1 month (36 days) to 4.5 months (136 days); with the median being $539,000.

There are 3 four-bedroom detached homes in Monrovia that are currently under contract.  The last known list price of being homes ranges from $456,900 to $724,900; with the median being $710,000.  The days on market for these homes range from approaching 1 week (5 days) to 2 months (58 days); with the median approaching 2 weeks (10 days).

In the last 30 days, 2 four-bedroom detached homes in Monrovia have successfully completed the sales process.  These homes sold for $665,000 after being on the market for approaching a week (5 days), and $919,463 after being on the market for 2 weeks (14 days).

Five Bedroom Homes

There are no five-bedroom detached homes in Monrovia currently on the market for sale, and none currently under contract.

In the last 30 days, 2 five-bedroom detached homes in Monrovia have successfully completed the sales process. These homes sold for $340,000 after being on the market for approaching 2 months (53 days), and $750,000 after being on the market for 1 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 detached homes and townhouses in the surrounding area as well.