Mount Airy, MD Real Estate News

By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – October 21, 2014 – 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 (10/21/14) 149 such homes on the market FOR SALE, another 57 under contract, and 18 that have sold in the last 30 days.   The Absorption Rate (Active/30 day sold) is 8.27, which is considered a buyers market.   Two Bedrooms Home There are currently 3 two-bedroom detached homes on the market for sale in Mount Airy. These homes range in price from a low of $169,900 to $271,000, with the median price being $222,500.  The days on market for these homes ranges from approaching 3.5 months (105 day) to 9 months (271 days) with the median being 7 months (211 days). There are 4 two-bedroom detached homes 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 – September 17, 2014 – 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 (09/17/14) 161 such homes on the market FOR SALE, another 53 under contract, and 26 that have sold in the last 30 days.   The Absorption Rate (Active/30 day sold) is 6.19, 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 $169,900 to $281,000, with the median price being $251,200.  The days on market for these homes ranges from approaching 2.5 months (71 day) to approaching 8 months (237 days) with the median being 6 months (183 days). There are 4 two-bedroom detached homes under some form...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – August 20, 2014 – Mount Airy, Md. 21771. – Townhouses This is a market report for Townhouses in Mount Airy, Md. 21771.  At the time of this report (8/20/2014) there are 15 such homes on the market FOR SALE, another 5 under contract, and 2 that have sold in the last 30 days.   This is an absorption rate (active/sold) of 7.5 months, considered a normal market.   Two Bedrooms There are 4 two-bedroom townhouses in this area on the market for sale. These homes range in price from a low of $200,000 to $224,000, with the median being $217,450.  The days on market for these homes ranges from approaching 3 weeks (19 day) to over 3 months (98 days) with the median being over a month (34 days). There are 2 two-bedroom townhouses in the area that are under some form of contract.  . T...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – August 17, 2014 – Mount Airy, Md. Rentals This is a market report covering rentals in Mount Airy, Md. At the time of this report (8/17/2014) there are a total of only 5 on the market FOR RENT, 1 with applications waiting on landlord decision, and another 9 that have rented in the last 30 days.   Two Bedrooms Currently there is 1 two-bedroom home on the market for rent.  This home is currently listed for $2,000 a month and has been on the market for just over 1 month ( 38 days ).  There are no two-bedroom rentals waiting on the landlord for a decision. In the last 30 days, a lease has been completed to rent 1 two-bedroom home.  The home rented for $1,500 a month after being on the market for nearly 2 months (56 days).   Three bedrooms Currently there are 2 three-bedroom ho...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
CNN Money Aug 13, 2014 had posted a story 5 myths about buying a home Here is Myth #2 'Myth #2: Buying is always better than renting Now that the housing recovery has taken hold, some markets have become way too expensive for homebuyers. One quick way to figure out whether to buy or not: If the home costs more than 15 times the annual cost of renting a similar home, you're better off renting. In Manhattan, for example, the average cost of buying a house is about 24 times the average cost of renting one.' Well based on that formula in Mount Airy, Maryland; now is the time to buy 3 Bedoom 2 Bath townhouses.   A check of for this configuration in townhoues shows 2 on the market for rent.  They are listed at $1725 and $1775 per month for rent.  Apply the above formula using $1750 rent, yiel...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Yes, based on information on www.DaysoftheYear.com tomorrow is National Creamsicle day.  Join me is stopping to ennjoy one of these cool treats.  With that in mind can National Softserve IceCrean day be far behind?  My vote is to hold the Maryland celebration at Jimmy Cone in Mount Airy.
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – August 11, 2014 – 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 (08/11/14) 153 such homes on the market FOR SALE, another 68 under contract, and 23 that have sold in the last 30 days.   The Absorption Rate (Active/30 day sold) is 6.6, which is considered a normal market.   Two Bedrooms Home There are currently 4 two-bedroom detached homes on the market for sale in MountAiry. These homes range in price from a low of $169,900 to $281,000, with the median price being $251,200.  The days on market for these homes ranges from a month (34 day) to approaching 7 months (200 days) with the median being 5 months (146 days). There are 3 two-bedroom detached homes under some form of contract in MountA...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – August 5, 2014 – Mount Airy, Md.21771. – Townhouses This is a market report for Townhouses in Mount Airy, Md.21771.  At the time of this report (0805/2014) there are 15 townhouses on the market FOR SALE, another 6 under contract, and 3 that have sold in the last 30 days.  This gives an absorption rate (active / sold) of 5, a normal market.   Two Bedrooms There are 4 two bedroom townhouses in Mount Airy on the market for sale at the time of this report.  These homes are currently on the market for $205,000 to $224,900, with the median being $217,450.   These homes have been on the market for between a week (4 days) to approaching 3 months (83 days). There are 2 two bedroom townhouses currently under contract.  The last known list price of these homes ranges from $135,000 t...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – July 16, 2014 – Mount Airy, Md. 21771. – Townhouses This is a market report for Townhouses in Mount Airy, Md. 21771.  At the time of this report (7/16/2014) there are 13 townhouses on the market FOR SALE, another 7 under contract, and 5 that have sold in the last 30 days.  This gives an absorption rate (active / sold) of 2.6, a seller’s market.   Two Bedrooms There are 3 two bedroom townhouses in Mount Airy on the market for sale at the time of this report.  These homes are currently on the market for $197,997 to $219,000, with the median being $214,900.  These homes have been on the market for between a week (6 days)  to over 2 month (63 days). There are 2 two bedroom townhouses currently under contract.  The last known list price of these homes ranges from $135,000 to $...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Detached homes – June 2014, Mount Airy   During the month of May 2014,  58 detached homes in Mount Airy, Md. were added to the market.  Of these homes 13 are currently under contract, 2 have been withdrawn from the market, none has completed the sale process, the remaining 43 are part of the 147 homes on the market.   During May, 22 detached homes in Mount Airy, Md. successfully completed the sales process.  This is a decrease of 40 percent from the count that sold in June of 2013.  The total value of these homes sold was $10,261,575, a 39 percent decrease from last June sales.  The median closing price of these homes was $466,435 a .4 percent increase from last may.   The median time on market for these homes was 68 days, which is just about the same as the 70 days for those that sold ...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – June 20, 2014 – Mount Airy, Md. 21771. – Townhouses   This is a market report for Townhouses in Mount Airy, Md. 21771.  At the time of this report (6/20/2014) there are 11 townhouses on the market FOR SALE, another 8 under contract, and 4 that have sold in the last 30 days.  This gives an absorption rate (active / sold) of 2.75, a seller’s market.   Two Bedrooms There are 2 two bedroom townhouses in Mount Airy on the market for sale at the time of this report.  These homes are currently on the market for $214,900 and $215,000.  These homes have been on the market for between a single day to over 1 month (37 days). There is 1 two bedroom townhouses currently under contract at this time.  The last known list price of this home is $135,000, the days on market two weeks (14 d...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Detached homes – May 2014, Mount Airy   During the month of May 2014,  65detached homes in Mount Airy, Md. were added to the market.  Of these homes 18 are currently under contract, 4 have been withdrawn from the market, 1 has completed the sale process, the remaining 42 are part of the 139 homes on the market.   During May, 36 detached homes in Mount Airy, Md. successfully completed the sales process.  This is a increase of 44 percent from the count that sold in May of 2013.  The total value of these homes sold was $14,558,450, a 30 percent increase from last May sales.  The median closing price of these homes was $400,241 a 10 percent decrease from last may.  Fifteen of the homes sold for list price and the median closing price for the others was 97% of the last known list.   The medi...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – May 31, 2014 – Mount Airy, Md.21771. – Townhouses This is a market report for Townhouses in Mount Airy, Md. 21771.  At the time of this report (5/31/2013) there are 8 townhouses on the market FOR SALE, another 9 under contract, but none that have sold in the last 30 days.     Two Bedrooms There is 1 two bedroom townhouses in Mount Airy on the market for sale at the time of this report.  This home is listed for $219,000 and has been on the market for over two weeks (17 days).   There are 2 two bedroom townhouses currently under contract at this time.  The last known list price of these homes are $135,000 and $209,000, the days on market have been nearly two weeks (14 days) and the other for over two months (67 days).   Three Bedrooms There are 7 three bedroom townhouses in...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – May 26, 2014 – 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 (05/26/14) 130 such homes on the market FOR SALE, another 74 under contract, and 25 that have sold in the last 30 days.   The Absorption Rate (Active/30 day sold) is 5.2, which is considered a normal market.   Two Bedrooms Home There are currently 4 two-bedroom detached homes on the market for sale in MountAiry. These homes range in price from a low of $179,900 to $289,900, with the median price being $255,750.  The days on market for these homes ranges from nearly 2 weeks (14 day) to over 4 months (123 days) with the median being over 2 months (69 days). There are 5 two-bedroom detached homes under some form of contract in Mount...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – May 21, 2014 – Mount Airy, Md. 21771. – Townhouses This is a market report for Townhouses in Mount Airy, Md. 21771.  At the time of this report (5/21/2013) there are 10 such homes on the market FOR SALE, another 8 under contract, and 2 that have sold in the last 30 days.   This is an absorption rate (active/sold) of 5 months, considered a normal market.   Two Bedrooms There is 1 two-bedroom townhouse in this area on the market for sale. This home is listed for $219,000 and has been on the market for a week (7 days). There are 2 two-bedroom townhouses in the area that are under some form of contract.  . These homes range in price from a low of $135,000 to $209,000.  The days on market for these homes ranges from 2 weeks (14 days)  to just over 2 months (67 days). No two-be...
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By Diane M. Phillips Realtor 443-286-4365, Specializing in Carroll Co., MD
(Frankly Real Estate Inc.)
11 Ways to give back to local Volunteers!   Barbecues, tailgates, fairs, festivals and carnivals! It’s time to flex your trigger finger for target practice. Wind up your pitching arm or practice some free throws! Challenge friends at a few games this year. Focus on the target whatever it may be, it’s for a good cause. It’s Carnival Time 2014 Carroll County, MD!   10 Volunteer Fire Departments and 1 Lions Club need our support!   Here’s this summer’s carnival schedule to keep handy so you don’t miss out on the games, rides, food, live music and fun right here in beautiful Carroll County, MD!   May Gamber Station 13 5/24-5/31/14 6pm to 11pm 3838 Niner Road, Finksburg, MD   Union Bridge Station 8 5/26-5/31/2014 6pm-11:30pm 8 W. Locust Street, Union Bridge, MD   June Mt. Airy Lions Club 6/...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Detached homes – April 2014  Mount Airy, Md.   During the month of April, 22 detached homes in Mount Airy, Md. were added to the market.  Of these homes 13 are currently under contract, three have been withdrawn from the market, and the remaining 9 are part of the 117 homes on the market.   During April, 15 detached homes in Mount Airy, Md. successfully completed the sales process.  This is a decrease of 42 percent from the count that sold in April of 2013.  The total value of these homes sold was $6,318,385, a 39 percent decrease from last April sales.  The median closing price of these homes was $387,385, a 4 percent decrease from last April.  Only 4 of the homes sold for list price and the median closing price for the others was 97% of the last known list.  The Absorption Rate (curre...
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By Diane M. Phillips Realtor 443-286-4365, Specializing in Carroll Co., MD
(Frankly Real Estate Inc.)
What’shappeningalongMD Rt. 27 in carroll County, MD?  Baltimore Gas and Electric Company is installing new natural gas main between Mt. Airy and Westminster. The gas main will run 11 miles adjacent to Ridge Road (MD 27). Construction will continue through fall 2014 and be completed in sections. Most of the work will be completed at night to reduce the impact on traffic.   The 12-inch diameter pipe will reinforce the existing natural gas systems and introduce new sources of supply to serve the more than 15,000 BGE customers in Carroll County, MD and 38,000 BGE customers in neighboring areas.   BGE will be sharing periodic updates via the gas pipeline project update page of their website. Residents and customers with questions can email BGEPipeline@bge.com or call 1-800-685-0123.     Sear...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Townhomes – March 2014,  Mount Airy, Md.   During the month of March, 5 townhouses in Mount Airy, Md. were added to the market.  Of these homes 2 are currently under contract, the remaining 3 are part of the 10 homes on the market.   During March, 5 townhouses in Mount Airy, Md. successfully completed the sales process.  This was an increase of 150 percent over the count that sold in March of 2013.  The total value of these homes sold was $1,316,000, a 136 percent increase over last March sales.  The median closing price of these homes was $270,500, a 6 percent decrease from March of 2013.  Only 3 of the homes sold for list price and the median closing price for the others was 97% of the last known list.   The median time on market for these homes was 16 days, which nearly the same as t...
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By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Detached homes – March 2014, Mount Airy   During the month of March, 53 detached homes in Mount Airy, Md. were added to the market.  Of these homes 24 are currently under contract, two has been withdrawn from the market, the remaining 25 are part of the 105 homes on the market.   During March, 25 detached homes in Mount Airy, Md. successfully completed the sales process.  This was an increase of 56 percent over the count that sold in March of 2013.  The total value of these homes sold was $10,537,544, a 79 percent increase over last March sales.  The median closing price of these homes was $425,106, a 19 percent increase over last March.  Only 3 of the homes sold for list price and the median closing price for the others was 97% of the last known list.   The median time on market for th...
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