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

By
Real Estate Agent with Weichert Realtors - Aspen Hill MD581725

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.

Posted by

Robert J. Force
Weichert Realtors - Silver Spring / Aspen Hill
3816 International Dr        
Silver Spring, Md. 20906

            
(301) 237-2277  (c)
(301) 681-0550  (O)

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