Today's View - June 25, 2020 - Mount Airy, Md. existing detached homes market.

Dated: 06/25/2020

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Today’s View – June 25, 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 (6/25/2020) not including new construction 41 such homes are on the market FOR SALE, another 65 under contract, 29 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is 1.41 which is considered a seller’s market

While the minimum lot size is just .08 acres and the maximum lot size is 50 acres, the median is 1 acre.

Of those active, 11 came to market in the last week. Of those under contact, 12 went under contact last week, and 8 of the 29 sold completed the process last week.

 

Two Bedrooms Homes

There are 2 two-bedroom existing detached home in Mount Airy on the market for sale currently.  These homes are currently listed for $290,000 after being on the market for 1 month (27 days) and $315,000 after being on the market for 2 weeks (14 days).

There are also 2 two-bedroom existing detached home under some form of contract at this time. The last know list price of these homes are $209,900 after being on the market for 8 months (235 days) and $450,000 after being on the market for approaching 2 months (52 days).

In the last 30 days, 2 two-bedroom existing detached home have successfully completed the sales process in Mount Airy.  These homes sold for $275,000 after being on the market for a single day and $279,900 after being on the market for approaching 1.5 months (41 days).

 

Three Bedrooms Homes

There are 11 three-bedroom existing detached homes in Mount Airy on the market for sale. These homes range in price from a low of $250,000 to $425,000, with the median price being $329,900.  The days on market for these homes range from new to the market (1 day) to 14.5 months (436 days) with the median approaching 3 weeks (18 days).

There are 15 three-bedroom detached homes in Mount Airy that are under some form of contract.  The last known list price of these home ranges from $244,999 to $650,000, with the median being $374,900.  The days on market for these homes ranged from new to the market (2 days) to 2.5 months (70 days) with the median being 1 weeks (8 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 $275,000 to $435,000 with the median being $385,375.  The days on market ranged from new to the market (1 day) to 2 months (57 days), with the median being less than a week (3 days). 

 

Four Bedroom Homes

There are 15 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 $334,000 to $2,950,000, with the median being $480,000.  The days on the market for these homes range from new to the market (1 day) to approaching 18.5 months (543days) with the median being 3 weeks (22 days).

There are 38 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 $329,999 to $1,150,000, with the median being $512,500.  The days on market for these homes ranged from new to the market (1 day) to 4.5 months (134 days) with the median being 1 week (7 days).

In the last 30 days, 9 four-bedroom existing detached homes in Mount Airy have successfully completed the sales process. The closing price of these homes ranged from $390,000 to $955,000, with the median being $510,000.  The days on market for these homes ranged from new to the market (2 days) to 3 months (89 days) with the median being week (7 days).

 

Five Bedroom Homes

There are 10 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 $782,000.  The days on market for these homes ranged from new to the market (1 day) to approaching 13 months (386 days) with the median being 1 month (31 days).

There are 9 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 $424,900 to $1,800,000, with the median being $649.000.  The days on market for these homes ranged from new to the market (2 days) to 2.5 months (74 days) with the median being 3 weeks (22 days).

In the last 30 days, 11 five-bedroom existing detached homes in Mount Airy have successfully completed the sales process.  The closing price of these homes ranged from $435,500 to $900,000, with the median being $650,000.  The days on market for these homes ranged from approaching 1 week (3 days) to approaching 6 months (174 days) with the median being 2 weeks (14 days).

 

Six Bedroom Homes

There are 2 six-bedroom existing detached homes in Mount Airy on the market for sale. The current list price of these homes are $750,000, after being on the market for approaching 5 months (142 days) and $759,000 after being on the market for 1 weeks (6 days).

There is 1 six-bedroom existing detached homes in Mount Airy currently under some form of contract.  The last know list price of this home is $584,900 and it was on the market for under a week (3 days).

No six-bedroom existing detached home in Mount Airy has 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 $249,900 after being on the market for approaching 3 months (83 days).

There are no seven-bedroom existing detached homes in Mount Airy under any form of contact.

One seven-bedroom existing detached home in Mount Airy has successfully completed the sales process in the last 30 days.  This home sold for $580,000 after being on the market for a single day.

 

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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