Monrovia, MD Real Estate News

By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – November 4, 2017 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (11/4/17) there are 14 such homes on the market FOR SALE, another 5 under contract, and 17 that have sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 2.0, a seller market. While the lot sizes range from .46 acres to 9.05 acres, the median lot size is 1.32 acres.  Of the 28 homes talked about in this report, while 5 have no garage space,  13 come with 2 car garage spaces, and 1 comes with a 6 car garage Three BedroomsThere are 4 three-bedroom existing detached homes in this area on the market for sale. The current list price of these ranges from a low of $244,900 to $549,900 with the median being $374,450.  ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – October 19, 2017 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (10/19/17) there are 14 such homes on the market FOR SALE, another 4 under contract, and 10 that have sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 1.4, a seller market. While the lot sizes range from .46 acres to 9.05 acres, the median lot size is 1.29 acres.  Of the 28 homes talked about in this report, while 7 have no garage space,  15 come with 2 car garage spaces, and 1 comes with a 6 car garage Two BedroomsThere is at the time of this report, no two-bedroom detached homes are on the market for sale in Monrovia and none under any form of contract. There is 1 two-bedroom detached homes in Monrovia cu...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Sept. 22, 2017 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (9/22/17) there are 12 such homes on the market FOR SALE, another 12 under contract, and 6 that have sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 2.00, a seller market. While the lot sizes range from .13 acres to 9.05 acres, the median lot size is 1.33 acres.  Of the 30 homes talked about in this report, while 9 have no garage space, and 17 come with 2 car garage spaces. Two BedroomsThere is at the time of this report, no two-bedroom detached homes are on the market for sale in Monrovia. There is 1 two-bedroom detached homes in Monrovia currently under some form of contract.  The last known list price of ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Sept. 6, 2017 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (9/6/17) there are 12 such homes on the market FOR SALE, another 11 under contract, and 6 that have sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 2.00, a seller market. While the lot sizes range from .13 acres to 9.05 acres, the median lot size is 1.25 acres.  Of the 29 homes talked about in this report, while 8 have no garage space, and 16 come with 2 car garage spaces. Two BedroomsThere is at the time of this repor, no two-bedroom detached homes are on the market for sale in Monrovia. There is 1 two-bedroom detached homes in Monrovia currently under some form of contract.  The last known list price of thi...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – August 17, 2017 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (8/17/17) there are 17 such homes on the market FOR SALE, another 12 under contract, and 6 that have sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 2.83,  a seller market. While the lot sizes range from .13 acres to 9.05 acres, the median lot size is 1.18 acres.  Of the 35 homes talked about in this report, while 9 have no garage space, and 20 come with 2 car garage spaces. Two BedroomsThere is at the time of this report no two-bedroom detached homes are on the market for sale in Monrovia.  These homes are currently listed for $199,999 and is new to the market (1 day), with the other being currently listed...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – August 2, 2017 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (8/2/17) there are 21 such homes on the market FOR SALE, another 11 under contract, and 9 that have sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 2.33, clearly a seller market. While the lot sizes range from .13 acres to 9.05 acres, the median lot size is 1.18 acres.  Of the 41 homes talked about in this report, while 11 have no garage space, and 23come with 2 car garage spaces. Two BedroomsThere is at the time of this report 2 two-bedroom detached homes are on the market for sale in Monrovia.  These homes are currently listed for $199,999 and is new to the market (1 day), with the other being currently li...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – June 22, 2017 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (6/22/17) there are 17 such homes on the market FOR SALE, another 15 under contract, and 8 that have sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 2.13, clearly a seller market. While the lot sizes range from .46 acres to 9.05 acres, the median lot size is 1.13 acres.  Of the 40 homes talked about in this report, while 10 have no garage space, and 25 come with 2 car garage spaces. Two BedroomsThere is at the time of this report 1 two-bedroom detached home on the market for sale.  This home is currently listed for $299,000 and has been on the market for approaching 2 months (50 days).There are no two-bedroom...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (5/6  - 5/12/17) in Monrovia Md.  21770Last week (ending 5/12/17), 3 detached home in Monrovia Md. was added to the market for sale, 5 went under contract, and 1 successfully completed the sales process. This brings the count to 20 on the market for sale, 9 under contract and 8 successfully completing the sales process in the last 30 days..Those still on the market for sale range from $279,900 to $799,000, with the median being $434,900.  The last known list price of those currently under some form of contract ranges from $234,900 to $639,900, with the median being $455,900. The eight that did sell did so for between $320,000 and $609,000, with the median being $450,625.If you have any questions about this report or wanting to discuss the possibility of moving into the communi...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – May 02, 2017 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (5/2/17) there are 19 such homes on the market FOR SALE, another 6 under contract, and 8 that have sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 2.83, clearly a seller market. While the lot sizes range from .46 acres to 9.05 acres, the median lot size is 1.13 acres.  Of the 33 homes talked about in this report, while 8 have no garage space, and 20 come with 2 car garage spaces. Two BedroomsThere is at the time of this report 1 two-bedroom detached home on the market for sale.  This home is currently listed for $325,000 and just came on the market today.There are no two-bedroom detached homes under contract a...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – March 10, 2017 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (3/10/17) there are 8 such homes on the market FOR SALE, another 10 under contract, and 4 that have sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 2, clearly a seller market. While the lot sizes range from .48 acres to 11.08 acres, the median lot size is 1.30 acres.  Of the 22 homes talked about in this report, while 5 have no garage space, and 16 come with 2 car garage spaces,   Three BedroomsThere are 4 three-bedroom existing detached homes in this area on the market for sale. The current list price of these ranges from a low of $349,900 to $669,900 with the median being $359,900.  The days on market for ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Feb, 21, 2017 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (2/21/17) there are 8 such homes on the market FOR SALE, another 9 under contract, and 4 that have sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 2, clearly a seller market. While the lot sizes range from .48 acres to 11.08 acres, the median lot size is 1.30 acres.  Of the 23 homes talked about in this report, while 4 have no garage space 4 come with 2 car garage spaces,   Three BedroomsThere are 2 three-bedroom existing detached homes in this area on the market for sale. The current list price of these home are $439,000 being on the market for 2 weeks (13 days) and $699,900 having been on the market for 5 m...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
 Monthly Summary - Monrovia, Md. 21770  January, 2017A quick look at what has been happening in the Monrovia, Md. existing detached homes market.  This report contains a summary starting with January 2016, then December 2016, and finally January 2017. During the month of January 2016, 7 existing detached homes in Monrovia, Md. successfully completed the sales process.  These homes sold for between $260,000 and $930,692 with the median being $395,000.  These amounts where between 93.4% and 100% of the original list price of the homes, with the median being 98.0%.  Seller provided assistance with closing cost on 2 of these homes.  The assistance ranged from $1525 to $8400.  In this group of homes 0 were Bank Owned properties During the month of December 2016, 5 existing detached homes in ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (2/2/17  - 2/7/17) in Monrovia Md.  21770Last week (ending 2/7/17), 1 detached home in Monrovia Md. was added to the market for sale, 0 went under contract, and none successfully completed the sales process. This brings the count to 7 on the market for sale, 8 under contract and 6 successfully completing the sales process in the last 30 days.  There are 3 currently listed with a coming soon status.Those still on the market for sale range from $398,000 to $699,000.  The last known list price of those currently under some form of contract ranges from $225,000 to $649,000, the six that did sell did so for between $295,000 and $500,000.If you have any questions about this report or wanting to discuss the possibility of moving into the community or selling your home please call me,...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Jan. 30, 2017 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (1/30/17) there are 6 such homes on the market FOR SALE, another 8 under contract, and 6 that have sold in the last 30 days.   The absorption rate (Active/Sold in 30 days) is 1, clearly a seller market. While the lot sizes range from .59 acres to 11.08 acres, the median lot size is 1.34 acres.  Of the 21 homes talked about in this report, while 4 have no garage space 13 come with 2 car garage spaces,   Three BedroomsThere is 1 three-bedroom existing detached homes in this area on the market for sale. The current list price of this home is $699,900 having been on the market for 4 months (126 days).There is 1 three-bedroom existing detach...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Jan. 16, 2017 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (1/16/17) there are 8 such homes on the market FOR SALE, another 9 under contract, and none that have sold in the last 30 days.    While the lot sizes range from .59 acres to 11.08 acres, the median lot size is 1.39 acres.  Of the 17 homes, while 2 have no garage space 12 come with 2 car garage spaces,   Three BedroomsThere is 1 three-bedroom existing detached homes in this area on the market for sale. The current list price of this home is $699,900 having been on the market for approaching 4 months (112 days).There is 1 three-bedroom existing detached homes in this area under some form of contract. The last known list price of this hom...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Dec 26, 2016 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (12/26/2016) there are 10 such homes on the market FOR SALE, another 5 under contract, and 4 that have sold in the last 30 days.   That give us an absorption rate (active/30 day sale) of 2.5, what is considered to be a sellers market.  While the lot sizes range from .25 acres to 11.08 acres, the median lot size is 1.48 acres.  Of the 19 homes, while 2 have no garage space 16 come with 2 car garage spaces,   Three BedroomsThere is 1 three-bedroom existing detached homes in this area on the market for sale. The current list price of this home is $699,900 having been on the market for 3 months ( 91 days).There are 2 three-bedroom existing d...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – Nov. 30, 2016 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (11/30/2016) there are 13 such homes on the market FOR SALE, another 6 under contract, and 8 that have sold in the last 30 days.   That give us an absorption rate (active/30 day sale) of 1.625, what is considered to be a sellers market.  While the lot sizes range from .51 acres to 9.03 acres, the median lot size is 1.44 acres.  Of the 27 homes, while 4 have no garage space 16 come with 2 car garage spaces,   Three BedroomsThere are 3 three-bedroom existing detached homes in this area on the market for sale. The current list price of these ranges from a low of $299,900 to $699,900 with the median being $375,000.  The days on market for t...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Last week (3/28 – 4/4/16) in Monrovia Md. 21770Last week, no detached home was added to the market for sale in Monrovia, 2 went under contract, and 1 completed the sales process.   There is currently 1 home in Monrovia on the coming soon list.There are currently 10 homes in the zip code on the market for sale.  These homes are listed from $186,000 to $899,000.  There are 11 currently under some form of contract with the last known list prices ranging from $210,000 to $1,150,000. In the last 30 days, 5 homes in the zip code have completed the sales process.  These homes sold for $174,000 and $5100,000, with the median being $380,000If you have any questions about this report or wanting to discuss the possibility of moving into the community or selling your home please call me, leave me a...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – June 1, 2016 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (6/1//2016) there are 9 such homes on the market FOR SALE, another 10 under contract, and 4 that have sold in the last 30 days.   That give us an absorption rate (active/30 day sale) of 2.25, what is considered to be a sellers market.  While the lot sizes range from .47 acres to 9.75 acres, the median lot size is 1.15 acres.  Of the 24homes, while 10 have no garage space 9 come with 2 car garage spaces,   Two BedroomsThere are currently no two-bedroom existing detached home in Monrovia currently on the market for sale or under contract.  In the last 30 days, 1 two-bedroom existing detached home has successfully completed the sales proces...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – May 06 , 2016 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (5/6/2016) there are 8 such homes on the market FOR SALE, another 11 under contract, and 5 that have sold in the last 30 days.   That give us an absorption rate (active/30 day sale) of 1.6, what is considered to be a sellers’s market.  While the lot sizes range from .47 acres to 8.51 acres, the median lot size is 1.04 acres.  Of the 20 homes, while 10 have no garage space 9 come with 2 car garage spaces,   Two BedroomsThere is 1 two-bedroom existing detached home in Monrovia under contact at this time.  The last known list price of the home is $159,800 and has been on the market approaching 4.5 months (131 days).  There are no two-bedro...
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