Mount Airy, MD Real Estate News

By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
A quick look at what has been happening in Mount Airy, Md. existing detached homes market.  This report contains a summary starting with June 2014, then May 2105, and finally June 2015. During the month of June 2014, 30 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $235.000 and $1,250,000 with the median being $447,400.  These amounts where between 60.3 % and 102.9% of the last known list price of the homes, with the median being 96.0%.  The days on market ranged from less than a week (3 days) to short of a year (359 days), with the median days on market being a month (28 days). During the month of May 2015, 31 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for be...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – July 06, 2015 – Mount AiryRentalsThis is a market report on residential rentals in Mount Airy, Md. 21771. Mount Airy is community located along Route 70 west of Baltimore and east of Frederick, At the time of this report (7/6//2015) there are a total of  7 such homes on the market FOR RENT, 2 with applications waiting on landlord decision, and none that have rented in the last 30 days.  Two BedroomsCurrently there is 1 two-bedroom apartments on the market for rent.  This place is currently listed for $1,600 and has been on the market for 4 months (119 days).  There are no two-bedroom rentals on the market and none that have completed the rental process in the last 30 days. Three bedroomsCurrently there are 5 three-bedroom rentals on the market in the Mount Airy zip code. ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – July 6, 2015 – Mount Airy, Md. 21771 – TownhousesThis is a market report for Townhouses in Mount Airy, Md. 21771.  At the time of this report (7/06/2015) there are 19 such homes on the market FOR SALE, another 7 under contract, and 5 that have sold in the last 30 days. Thus the absorption rate (19/5) shows a 3.8 month inventory, considered a normal market. Two BedroomsThere are no two-bedroom townhouses in this area on the market for sale at the time of this report. There is however 1 two-bedroom townhouse in the area that is under some form of contract.  The last know list price of this home is $199,900 and it was on the market for 1.5 months (46 days). In the last 30 days, no two-bedroom townhouse in the area has successfully completed the sales process. Three BedroomsT...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
 Last week in Mount Airy, Md.  21771 Last week ending June 28, 2015, 12 homes in New Market, Md. where added to the market, 10 went under contract, and 24 completed the sales process. This brings the count to 117 on the market for sale, 59 under contract and 24 completing the sales process in the last 30 days.  Those on the market for sale range in list price from $45,000 to $1,999,900. Those under contract where last listed from $44,000 to $6250,000.  Those that have completed the sales process have sold for between $43,000 and $570,000.   This group of homes includes mobile homes, detached single family homes, townhouse, and garden apartments too. If you have any questions about this report or wanting to discuss the possibility of moving into the community or selling your home please ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – June 22, 2015 – Mt. Airy, Md. 21771 – Detached HomesThis is a market report for detached homes in Mt. Airy, Md. 21771.  At the time of this report (6/22/15) not including new construction 124 such homes on the market FOR SALE, another 67 under contract, and 31 that have sold in the last 30 days.   All three of those counts is an increase or the figures given in last report on May 21, 2015. The Absorption Rate (Active/30 day sold) is 4 which is considered a normal market and decrease from the last report of a 4.91 month inventory. Two Bedrooms HomeThere are currently 5 two-bedroom detached homes on the market for sale in Mount Airy. These homes range in price from a low of $169,900 to $349,000, with the median price being $250,000.  The days on market for these homes range...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
A quick look at what has been happening in Mount Airy, Md. existing detached homes market.  This report contains a summary starting with May 2014, then April 2105, and finally May 2015. During the month of May 2014, 35 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $249,900 and $739,000 with the median being $369,900.  These amounts where between 92.0 % and 102.2% of the last known list price of the homes, with the median being 100%. During the month of April 2015, 16 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $120,000 and $568,000 with the median being $344,950.  These amounts where between 79.3% and 102.3 % of the last known list price of the home...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
 Last week (05/11 – 05/17/2015) in Mount Airy, Md.  21771 During last week (ending May 17, 2015) 13 existing detached homes in Mount Airy where added to the market, another 9 home went under some form of contract, and 3 completed the sales process.  This brings the count to 115 home on the market for sale, 65 home under contract and 20 homes that completing the sales process in the last 30 days.  This yields an absorption rate (Active/ 30 days sold) of 5.75 months, which is considered a normal market. Those on the market for sale range in list price from $128,000 to $3,600,000. Those under contract where last listed from $50,000 to $850,000.  Those that have completed the sales process have sold for between $234,000 and $579,000.   If you have any questions about this report, informatio...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
 A quick look at what has been happening in the Mount Airy, Md. existing detached homes market.  It contains a summary for April 2014, followed by March 2015, and ends with April 2015. During the month of April 2014, 15 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $245,000 and $895,000 with the median being $415,000.  These amounts where between 77.8 % and 100.2% of the original list price of the homes, with the median being 97.6%.During the month of March 2015, 15 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $140,150 and $630,000 with the median being $348,800.  These amounts where between 37.9% and 105 % of the original list price of the homes, wi...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
 Today’s View – April 29, 2015 – Mount Airy, Md. 21771 – Townhouses This is a market report for Townhouses in Mount Airy, Md. 21771.  At the time of this report (4/29/2015) there are 6 such homes on the market FOR SALE, another 9 under contract, and 2 that have sold in the last 30 days. Thus the absorption rate (6/2) shows a 3 month inventory, considered a sellers market. Two Bedrooms There is 1 two-bedroom townhouse in this area on the market for sale at the time of this report. This home is currently listed at  $199,900  and has been on the market for over a month (37 days). There is 1 two-bedroom townhouse in this area currently under contact. The last known list price of this home is $135,000 and it was on the market for 2 weeks (14 days).In the last 30 days, no two-bedroom townhous...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
A quick look at what has been happening in the Mount Airy, Md. existing detached homes market.  It contains a summary for March 2014, followed by February 2015, and ends with March 2015.During the month of March 2014, 18 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $216,000 and $610,000 with the median being $365,750.  These amounts where between 84.6 % and 105% of the original list price of the homes, with the median being 96.6%During the month of February 2015, 15 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $204,900 and $525,000 with the median being $359,900.  These amounts where between 80.2% and 98.3% of the original list price of the homes, w...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last weeks (3/4 - 3/10/15) activity in Mt. Airy Md.  21771  existing detached homes, Last week (ending 3/10/2015) 8 existing detached homes in Mt Airy Md. were added to the market for sale, 8 went under contract, and 2 completed the sales process. This brings the count to 77 on the market for sale, 38 under contract and 17 completing the sales process in the last 30 days.  Those still on the market for sale range from $85,000 to $3,600,000.  The last known list price of those currently under some form of contract ranges from $89,900 to $699,900.  Those that did complete the sales process in the last 30 days have sold between $198,000 and $519,000.   This report covers only existing detached home in Mount Airy, if townhouse are of interest please contact me. If you have any questions ab...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
A look at what has been happening in the Mount Airy, Md. existing detached homes market. During the month of February 2014, 12 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $225,000 and $850,000 with the median being $383,950.  These amounts where between 85.4% and 100% of the original list price of the homes, with the median being 95.2% During the month of January 2015, 8 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $243,400 and $1,895,000 with the median being $419,950.  These amounts where between 72% and 100.5% of the original list price of the homes, with the median being 97% During the month of February 2015, 15 existing detached homes in Mount...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
During the month of December 2014, 23 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $225,000 and $625,000 with the median being $353,000.  These amounts where between 86.8% and 100.9% of the original list price of the homes.   During the month of January 2014, 12 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $180,000 and $625,000 with the median being $374,500.  These amounts where between 75% and 103.8% of the original list price of the homes, with the median being 93%   During the month of January 2015, 8 existing detached homes in Mount Airy, Md. successfully completed the sales process.  These homes sold for between $243,400 and $1,895,000 with th...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – February 17, 2015 – Mount Airy, Md. 21771 – Townhouses   This is a market report for Townhouses in Mount Airy, Md. 21771.  At the time of this report (2/17/2015) there are 11 such homes on the market FOR SALE, another 6 under contract, and 4 that have sold in the last 30 days. Thus the absorption rate (11/4) shows a 2.76 month inventory, considered a sellers market.   Two Bedrooms There are 2 two-bedroom townhouses in this area on the market for sale at the time of this report. These homes are currently listed at  $197,000 to $205,000.  The days on market for these homes ranges from approaching 4.5 months (131 days ) to over 4.5 months (140 days). There is 2 two-bedroom townhouses in the area that are under some form of contract.  These homes are currently listed at $135,...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – February 11, 2015 – Mount Airy, Md. 21771 – Townhouses This is a market report for Townhouses in Mount Airy, Md. 21771.  At the time of this report (2/11/2015) there are 10 such homes on the market FOR SALE, another 7 under contract, and 2 that have sold in the last 30 days. Thus the absorption rate (10/2) shows a 5 month inventory, considered a normal market.   Two Bedrooms There are 2 two-bedroom townhouses in this area on the market for sale at the time of this report. These homes are currently listed at  $197,000 to $205,000.  The days on market for these homes ranges from over 4 months (125 days ) to approaching 4.5 months (134 days). There is 2 two-bedroom townhouses in the area that are under some form of contract.  These homes are currently listed at $135,000 to $...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – January 17, 2015 – Mount Airy, Md. 21771 – Townhouses This is a market report for Townhouses in Mount Airy, Md. 21771.  At the time of this report (1/17/2015) there are 7 such homes on the market FOR SALE, another 9 under contract, and 3 that have sold in the last 30 days. Thus the absorption rate (7/3) shows a 2.3 month inventory, considered a seller’s market.   Two Bedrooms There are 3 two-bedroom townhouses in this area on the market for sale at the time of this report. These homes range in price from a low of $197,000 to $219,900 with the median being $205,000  The days on market for these homes ranges from approaching 3.5 months (100 day ) to likewise approaching 3.5 months (113 days). There is 1 two-bedroom townhouses in the area that are under some form of contract...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – January 16, 2015 – Mt. Airy, Md. 21771 – Detached Homes This is a market report for detached homes in Mt. Airy, Md. 21771.  At the time of this report (1/16/15) not including new construction 88 such homes on the market FOR SALE, another 27 under contract, and 10 that have sold in the last 30 days.   This report does not include new construction. The Absorption Rate (Active/30 day sold) is 8.8 which is considered a normal market.   Two Bedrooms Home There are currently 4 two-bedroom detached homes on the market for sale in Mount Airy. These homes range in price from a low of $150,000 to $288,400, with the median price being $196,200.  The days on market for these homes ranges from approaching 2 weeks (10 days) to approaching 1 year (358 days) with the median being over 1....
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By Diane M. Phillips Realtor 443-286-4365, Specializing in Carroll Co., MD
(Frankly Real Estate Inc.)
What is the best day of the week to list your house?  According to National Association of Realtors® Thursday and Friday are the most popular days based on 2014 statistics. If the top 25 Listing Dates hold true (or close depending on how the calendar day patterns work out) all top 25 listing dates are ahead of us!   Incase you are curious, April & May are the most popular listing months. No real surprise there. Spring brings excitement of all things new, warmer temperatures and more sunshine often accompanies a large buyer pool in search of their new home.   Spring and Daylight savings time are just 6 weeks away. On  March 3, 2015 we will spring our clocks forward an hour and possibly have crocus, tulips  and daffodils emerging from a thawing earth.     Don’t wait for your blooms to sho...
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By Diane M. Phillips Realtor 443-286-4365, Specializing in Carroll Co., MD
(Frankly Real Estate Inc.)
Buying a house in any Maryland County, you should understand Latent defects.   Latent defects are hidden problems in workmanship or material that can cause failure or malfunction of the structure or systems.   The real estate 101 book definition says “A latent defect is defined as material defects in real property or improvement to real property that cannot be seen by careful visual inspection or would pose a threat to the health or safety of the buyer, occupants, tenant or guest of the buyer.”  For example: in an older home, a hole in the original ceiling, caused by a small hole in the roof, covered by a drop ceiling.  Water in the basement during a heavy rain.   It is  important to have a home inspection and check the disclosure statements of the seller before buying a house. Discuss ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (12/01  - 12/07/14) in Mt. Airy Md.  21771 Last week (ending 12/08/2014) 3 detached homes in Mt Airy Md. were added to the market for sale,  4 went under contract, and 7 successfully completed the sales process. This brings the count to 134 on the market for sale, 49 under contract and 20 successfully completing the sales process in the last 30 days.  Those still on the market for sale range from $169.000 to $3,600,000.  The last known list price of those currently under some form of contract ranges from $89,000 to $699,000.  Those completing the sales process in the last 30 days have sold between $135,000 and $650,000, with the median being $355,000.  The days on market with the current realtor for this set of homes ranged from a week (6 days) to 9 months (276 days), with th...
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