Mount Airy, MD Real Estate News

By Roy Kelley
(Realty Group Referrals)
MOUNT AIRY MD 21771 - REAL ESTATE TREND INDICATOR     If you are thinking about buying or selling a home in zip code 21771, you should take a close look at the following report that compares the statistics for the past month with the same month last year.  During the month, there were 180 active listings of homes for sale in 21771. There were 47 new listings in the area and 23 listings went to pending new contracts.  There were 29 actual settlements as compared to 14 homes sold last year. The total sold dollar volume was up 81.19%. The average number of days on the market was 110 from 104 days last year.  The average sale price was 91.37% of the average list price.  The average sold price was $417,717 and the median sold price was $350,000.  It is still a soft market which favors buyers...
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By Pam Canova, Realtor, Montgomery, Frederick, Carroll Cty, MD.
(Long & Foster, Aspen Hill/Leisure World Plaza)
How would you like to live in one of the top 100 cities in the U.S.?  If you read the most recent issue of Money magazine, you already know that Mt. Airy is one of those cities.  I knew the city I lived in was great, but I had no idea it was that great.  Pre-selection critieria included size and multi-ethnicity, but other criteria focused on safety, job opportunities, education, sense of community.  The article was based party on research and partly on interviews of the city's inhabitants.  I always knew that I appreciated the beautiful countryside, light traffic, variety of interesting things to do, and the relatively low cost of living in Mt. Airy, but evidently there are more aspects of Mt. Airy to appreciate than I even realized.  I have previously blogged on Concetta's Italian Groc...
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By Roy Kelley
(Realty Group Referrals)
MOUNT AIRY MD 21771 - REAL ESTATE TREND INDICATOR     If you are thinking about buying or selling a home in zip code 21771, you should take a close look at the following report that compares the statistics for the past month with the same month last year.  During the month, there were 175 active listings of homes for sale in 21771. There were 33 new listings in the area and 34 listings went to pending new contracts.  There were 28 actual settlements as compared to 7 homes sold last year. The total sold dollar volume was up 340.28%. The average number of days on the market was 143 from 102 days last year.  The average sale price was 89.31% of the average list price. The average sold price was $394,371 and the median sold price was $372,000.  What does this mean?  It is still a soft marke...
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By Roy Kelley
(Realty Group Referrals)
MOUNT AIRY MD 21771 - REAL ESTATE TREND INDICATOR     If you are thinking about buying or selling a home in zip code 21771, you should take a close look at the following report that compares the statistics for the past month with the same month last year.  During the month, there were 184 active listings of homes for sale in 21771. There were 50 new listings in the area and 24 listings went to pending new contracts.  There were 23 actual settlements as compared to 18 homes sold last year. The total sold dollar volume was up 24.87%. The average number of days on the market was 169 from 166 days last year.  The average sale price was 89.76% of the average list price.  The average sold price was $401,125 and the median sold price was $342,000.  What does this mean?  It is still a soft mark...
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By Pam Canova, Realtor, Montgomery, Frederick, Carroll Cty, MD.
(Long & Foster, Aspen Hill/Leisure World Plaza)
Mt. Airy Farmers Market My real estate partner and I had an enjoyable time last Wednesday at the Farmer's Market in Mt. Airy held at the Municipal Parking Lot in downtown Mt. Airy. The afternoon included entertainment furnished by Ed Caballero who also owns and runs the Vintage Coffee Shop. Ed and his partner sang and played acoustic instruments to the delight of the spellbound customers. It was hard to choose between the fresh fruits and vegetables and the delectable homemade baked goods. The local high school also displayed tomatoes and other vegetables that were ready to be planted in your own garden. Run by volunteers from Mount Airy Main Street Association, the Farmer's Market, which occurs every Wednesday from 3:30 to 6:30 should be put on your calendar as a regular event. It is a...
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By Pam Canova, Realtor, Montgomery, Frederick, Carroll Cty, MD.
(Long & Foster, Aspen Hill/Leisure World Plaza)
Market Report for Mt. Airy, Maryland April 2009 The following report constitutes a summary of the information relating to houses that sold in Mt. Airy during the month of April 2009. A total of 18 houses sold with a minimum price of $93,000 and a maximum of $761,870, an average of $356,024. The houses had an average of three bedrooms with the maximum being five and the minimum being one. Days on the market averaged 76, with a maximum of 288 and a minimum of one. The oldest home was built in 1940 and the newest was just built in 2009, with an average of 1983 for the year built. Of the 18 houses that sold, 2 had 5 bedrooms; 6 had 4 bedrooms, 9 had 3 bedrooms and 1 had 1 bedroom. Average prices were reported as follows: 5 bedroom-$643,385; 4 bedroom-$377,617; 3 bedroom-$306,996. The lots a...
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By Roy Kelley
(Realty Group Referrals)
MOUNT AIRY MD 21771 - REAL ESTATE TREND INDICATOR     If you are thinking about buying or selling a home in zip code 21771, you should take a close look at the following report that compares the statistics for the past month with the same month last year.  During the month, there were 178 active listings of homes for sale in 21771. There were 41 new listings in the area and 27 listings went to pending new contracts.  There were 15 actual settlements as compared to 14 homes sold last year. The total sold dollar volume was down 3.71%. The average number of days on the market was down to 90 from 147 days last year.  The average sale price was 94.79% of the average list price.  The average sold price was $365,962 and the median sold price was $320,000.  What does this mean?  It is still a s...
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The below listed Mt. Airy 21771 neighborhoods in Montgomery County, Maryland show all their active listings for sale and rent in the MRIS as of today.  This is a keyword search, and sometimes you will also see homes listed from other areas.  Whenever you check back you will be updated with the latest listings, as this info is updated daily.  AIRY ESTATES BARNETT BEAUTIFUL DOWNTOWN MOUNT AIRY BELMAR ESTATES BENNETT MANOR BERNARD FARM BOTELERS BLUFF BRADDOCK ESTATES BRANDENBURG HEIGHTS BRANDON MANOR BRIDLEWOOD BROWNING'S HOPE BUFFALO ESTATES BUFFALO ROAD BUSCHE CALEBS DELIGHT CARROLL WOOD ESTATES CARROLL WOOD ESTATES II CATOCTIN VIEW CHALLEDON COMMERCIAL ZONED LI CONESTOGA HEIGHTS COVERS CORNER CUMORAH ESTATES DAMASCUS OUTSIDE DIXIES HIGHLANDS DOWNTOWN MOUNT AIRY DOWNTOWN MT AIRY FAIR WIN...
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By Pam Canova, Realtor, Montgomery, Frederick, Carroll Cty, MD.
(Long & Foster, Aspen Hill/Leisure World Plaza)
Vintage Coffee Shop--Mt. Airy The Vintage Coffee Shop in old town Mt. Airy is an amazing place.  As the name suggests, you can get any type of coffee you desire, whether your little heart desires a hearty cup of regular grind or the more exotic blended varieties.  If you own a laptop, the WIFI is free, unlike Starbucks, and you can relax in a separate lounge, complete with leather furniture and an oversized checkers game that comes with its own hand-woven mat.  Breakfast sandwiches are available along with an excellent homemade cinnamon bun with a generous portion of icing.  (Watch out!  These are a bit habit forming.) The owner has been known to entertain  on occasion for those lucky enough to be at the right place at the right time.  His name is Ed Caballero, and he tells me he has be...
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By Pam Canova, Realtor, Montgomery, Frederick, Carroll Cty, MD.
(Long & Foster, Aspen Hill/Leisure World Plaza)
Childcare in Mt. Airy If you are looking for childcare in Mt.  Airy or Monrovia, look no farther.  The Children's Center can provide for all of your childcare needs, whether you have an infant 8 weeks  of age or a fifth grader.  The preschool program is very comprehensive, including activities ranging from informal sharing to hands-on science, supervised by a certified science teacher.  Before and after school  care are also provided. The attractive grounds are very inviting with various kinds of colorful, geometric play equipment, and the staff is selected for "their warm, caring personalities and love of children" as well as their credentials.  When I went for my personal interview with them, I found them to be very cordial and relaxed.  The sign in front of the center says that they ...
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By Roy Kelley
(Realty Group Referrals)
MOUNT AIRY, MARYLAND 21771 - REAL ESTATE TREND INDICATOR     If you are thinking about buying or selling a home in zip code 21771, you should take a close look at the following report that compares the statistics for March with the same month last year. There were 44 new listings in the area and 24 listings went to pending new contracts. During the month, there were 171 active listings of homes for sale in 21771. There were 15 actual settlements as compared to 11 homes sold last year. The total sold dollar volume was up 24.19%. The average number of days on the market was down to 154 from 184 days last year.  The average sale price was 92.57% of the average list price.  The average sold price was $363,1977 and the median sold price was $365,000.  There wer 171 properties on the market. ...
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By Pam Canova, Realtor, Montgomery, Frederick, Carroll Cty, MD.
(Long & Foster, Aspen Hill/Leisure World Plaza)
Concetta's Deli in Mt. Airy, Maryland Among my more satisfying finds in Mt. Airy is Concetta's Italian Deli. Everything is made fresh daily, even the bread and they use local produce and meats as much as possible.  The results are incredible. They make a meatball sub that is to die for.  Anytime I am in the vicinity, I can't resist getting one. They roast the meatballs in the oven and then make this delectable tomato sauce.  You might want to try one of their authentic Italian drinks such as the fizzy orange or lemon, made with real fruit juice.  Their desserts are also very tempting.  Try the cannoli or homemade cookies.  Concetta's is located on Main Street in Mt. Airy.  One can eat in or carry out.  The décor is simple but cheerful; tomato cans filled with bright flowers adorn the ta...
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By Roy Kelley
(Realty Group Referrals)
MOUNT AIRY, MARYLAND 21771 -  REAL ESTATE TREND INDICATOR     If you are thinking about buying or selling a home in zip code 21771, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 29 new listings in the area and 19 listings went to pending new contracts. There were 13 actual settlements as compared to 8 homes sold last year. The total sold dollar volume was up 39.9%. The average number of days on the market was down to 107 from 118 days last year.  The average sale price was 90.82% of the average list price.  The average sold price was $341,108 and the median sold price was $314,900.  What does this mean?  It is still a soft market which favors buyers.  Buyers have the largest selection and the lowes...
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By Roy Kelley
(Realty Group Referrals)
MOUNT AIRY, MARYLAND 21771 -  REAL ESTATE TREND INDICATOR     If you are thinking about buying or selling a home in zip code 21771, you should take a close look at the following report that compares the statistics for September with the same month last year. There were 44 new listings in the area and 17 listings went to pending contracts. There were 15 actual settlements as compared to 15 homes sold last year. The total sold dollar volume was down  20.93%. The average number of days on the market was up to 164 from 132 days last year.  The average sale price was 89.81% of the average list price.  The average sold price was $372,663.  What does this mean?  It is still a soft market which favors buyers.  Buyers have the largest selection and the lowest prices that have been available for ...
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RIDGEVILLE HEIGHTS REO BARGAIN - MOUNT AIRY, MARYLAND September home buyers need to watch the inventory of lender owned homes.  The lenders have a surplus inventory of foreclosed homes and are highly motivated to sell them before the winter season.  Prices are reduced until the homes are under contract.  It is a good time to make offers.  Let us show you how to be the successful purchaser of a REO property. Many families are using FHA financing for the low cash requirement and easier underwriting requirements.  Recent changes by the White House made FHA even more attractive for use when purchasing lender owned homes.  Buyers need to be pre-qualified for financing. Ask us for the name of a loan officer.  We represent buyers as their exclusive agents.  Let us know if you would like to rec...
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FINDING REAL ESTATE BARGAINS IN THE REO INVENTORY OF LENDER OWNERS Another Mount Airy home is on the list of lender owned foreclosures in Frederick County, Maryland. If you are seeking a summertime home purchase opportunity, you should be watching the reports on the available foreclosures. The lenders are buying most of the homes purchased at the court house trustee sale auctions. Then, the lenders offer the properties for sale when they become part of the REO inventory. Please contact us for assistance with you next real estate transaction. Many buyers are now using FHA financing for the low cash requirements. Also, recent action by the White House made FHA financing more attractive for use when purchasing lender owned homes. Buyers do need to be pre-approved for mortgage financing. Pl...
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Are you looking for a rancher at a good price?  The place to find one is in the inventory of lender owned foreclosures in Frederick County, Maryland. The mortgage lenders are purchasing most of the properties that are sold at the trustee sale auctions at the court house. Then, the lenders offer the homes for sale when they become part of the REO inventory. These are highly motivated sellers with great financial pressure to reduce the inventory. Prices are reduced until the homes are under contract. Many buyers are using FHA financing for the low cash requirement. And, you may ask the seller for assistance with the closing costs. Prospective buyers need to be pre-approved for financing and have a letter in hand to submit with any offers. Please contact us if you need a referral to a lend...
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Summertime homes buyers are looking for bargains for sale by highly motivated sellers. Everybody wants a deal. The inventory to watch is the supply of lender owned foreclosures.  The mortgage lenders are purchasing most of the homes that are sold at the trustee sales at the court house.  Then, the lenders offer the homes for sale to the public when they become part of the REO inventory. As owners, the lenders are under great financial pressure to reduce the inventory and prices are reduced until the homes are under contract.  Many families are using FHA financing for the low cash requirement. And, it is okay to ask the sellers to assist with closing costs. Prospective buyers need to have a pre-approval letter for financing. Contact us if you need a referral to a lender. This home is an ...
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This is a new Countrywide Home Loans REO property that will be listed for sale soon.  Please contact us if you think this home may meet the needs of your family. Prospective buyers need to be pre-approved by Countrywide Home Loans and a lender letter must be submitted with the sales contract. Please contact us if you wish to be referred to a loan officer. Roy Kelley is a listing agent for Countrywide Home Loans. 3638 WHEAT MILLER DR, MOUNT AIRY, MD 21771 4 BEDROOMS/3.5 BATHROOMS      FALLING GREEN  LOT SIZE 94,961 SQUARE FEET - 2.18 ACRES   Tax Year  2007    TOTAL TAX BILL:  $6,944  City Tax:  Tax Levy Year:  2007   State/County Tax:  $6,944  Refuse:  Tax Rate:  1.16   Special Tax:  Homestd/Exempt Status:    Exempt Class:  000   Front Foot Fee:  Tax Class:    Mult Class:   ASSESSMENT   ...
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