Today's View - May 18, 2020 - Mount Airy, Md. existing detached homes market.

Dated: 05/18/2020

Views: 11

Today’s View – May 6, 2020  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 (5/18/2020) not including new construction 49 such homes are on the market FOR SALE, another 50 under contract, 27 have sold in the last 30 days, and 3 have temporally been taken of the market by the sellers. The Absorption Rate (Active/30 day sold) is 1.81 which is considered a seller’s market

While the minimum lot size is just .05 acres and the maximum lot size is 50 acres, the median is 1 acre.

Of those active, 13 came to market in the last week. Of those under contact, 10 went under contact last week, and 5 of the 27 sold completed the process last week.

 

Two Bedrooms Homes

There is 1 two-bedroom existing detached home in Mount Airy on the market for sale currently.  This home is currently on the market for $450,000 being on the market for approaching 1 month (26 days).

There are also 2 two-bedroom existing detached home under some form of contract. The last known list price and day on market of these homes being $275,000 after being on the market for a single day, and $279,000 after being on the market for approaching 1.5 months (41 days).

One two-bedroom existing detached home has successfully completed the sales process in the last 30 days in Mount Airy.  This home sold for $308,000 after being on the market for approaching 3 weeks (18 days).

 

Three Bedrooms Homes

There are 14 three-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $199,000 to $459,900, with the median price being $364,740.  The days on market for these homes range from new to the market (2 days) to 14 months (399 days) with the median approaching 1 month (25 days).

There are 8 three-bedroom detached homes in Mount Airy that are under some form of contract.  The last known list price of these home ranges from $234,900 to $435,000, with the median being $341,000.  The days on market for these homes ranged from new to the market (1 day) to 2 months (57 days) with the median being 2 weeks (15 days). 

In the last 30 days, 10 three-bedroom detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $355,000 to $399,500 with the median being $356,250.  The days on market ranged from new to the market (2 days) to 3 months (90 days), with the median being 1 week (7 days). 

 

Four Bedroom Homes

There are 21 existing detached four-bedroom homes are the majority of the detached homes on the market for sale in Mount Airy. These homes range in price from a low of $357,900 to $2,950,000, with the median being $529,900.  The days on the market for these homes range from approaching 1 week (4 days) to approaching 17 months (508 days) with the median approaching 2 weeks (14 days).

There are 25 four-bedroom detached homes in Mount Airy that are currently under some form of contract.  The last known list price of these homes ranged from $329,900 to $650,000, with the median being $499,900.  The days on market for these homes ranged from new to the market (1 day) to approaching 9 months (268 days) with the median being 3 weeks (20 days).

In the last 30 days, 11 four-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $240,000 to $610,000, with the median being $485,000.  The days on market for these homes ranged from new to the market (3 days) to 5.5 months (164 days) with the median being 1 week (6 days).

 

Five Bedroom Homes

There are 11 five-bedroom existing detached homes in Mount Airy on the market for sale. The current list price of these home ranges from a low of $389,900 to $1,929,000 with the median being $710,000.  The days on market for these homes ranged from approaching 1 week (4 days) to 11.5 months (349 days) with the median approaching 3 weeks (17 days).

There are 15 five-bedroom existing detached homes in Mount Airy that are currently under some form of contract.  The last known price of these home ranges from a low of $435,500 to $1,800,000, with the median being $599,000.  The days on market for these homes ranged from new to the market (3 days) to approaching 6 months (171 days) with the median being 2 weeks (16 days).

In the last 30 days, 5 five-bedroom existing detached homes in Mount Airy have successfully completed the sales process.  The closing price of these homes ranged from $459,900 to $750,000, with the median being $584,900.  The days on market for these homes ranged from approaching 1 week (4 days) to approaching 13 months (382 days) with the median 1 week (7 days).

 

Six Bedroom Homes

There is 1 six-bedroom existing detached home in Mount Airy on the market for sale. The current list price of this home is $775,000, one has been on the market for 3.5 months (93 days).

There are no six-bedroom existing detached homes in Mount Airy currently under any form of contract and none that have successfully completed the sales process in the last 30 days.

 

Seven Bedroom Homes

There is 1 seven-bedroom detached homes in Mount Airy currently on the market for sale.  This home is currently listed for $269,900 after being on the market for 1.5 month (46 days).

There are no seven-bedroom existing detached homes in Mount Airy under any form of contact and none that have successfully completed the sales process in the last 30 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.

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Robert Force

Seasoned Realtor Allow me to introduce myself. I am Robert (Bob) J. Force a seasoned REALTOR® with Weichert - McKenna & Vane in Mount Airy, Md. I handle both Sales and Rentals in Frederick, Carro....

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