Frederick County, MD Real Estate News

Sometimes we look at a house but what we really want to do is cross the street, knock on the door, and ask the neighbor (of the house that is very much not for sale, unfortunately) for a tour. That wouldn't be strange at all, right? True story - that happens to me quite often. Just recently my buyers and I were house hunting around Lake Linganore in New Market, MD. My clients would love to call this area home and settle in for life at the lake. The amenities the Lake Linganore community has to offer are many: beaches, hiking trails, picnics, farmer's markets, movie nights, playgrounds, pools, ballparks... it's almost like a year-round vacation spot. Even the drive to I-70 to commute to work is a scenic one. The good news is that there's always Real Estate for sale. The not-so-good news ... 05/06/2021

Today’s View – May 3, 2021– Mount Airy, Md. 21771 - TownhousesThis is a market report for townhouses in Mount Airy, Md. 21771.  At the time of this report (5/3/2021) there are 2 townhouses on the market FOR SALE, another 7 under contract, and 6 that have sold in the last 30 days. Two-Bedroom TownhousesThere is 1 two-bedroom townhouse in Mount Airy, currently on the market for sale.  This home is currently listed for $265,000 after being on the market for approaching 1 week (4 days).There are currently no two-bedroom townhouse in Mount Airy under any form of contract.In the last 30 days, 3 three-bedroom townhouses in Mount Airy have successfully completed the sales process. The closing prices of these homes ranges from $230,000 to $362,000, with the median being $268,000.  The days on ma... 05/03/2021

Mid Maryland is a history buff's dream come true. Maryland's Civil War Trails have something for everyone. Some of the most decisive battles and skirmishes were fought in Mid Maryland which led to the epic battle in Gettysburg, Pennsylvania , just over the Mason Dixon Line. To honor the heritage five states have put together unique trails with an extensive number of historical points of interest. Along the historical routes you will find local food, drinks and places to hike , bike and river sports such as kayaking, canoeing and tubing.   Mid Maryland includes two of the six trails in the state.  The Antietam Campaign Trail has stops on South Mountain where you will find the first Washington Monument, Hagerstown , Sharpsburg and the Antietam National Battle Field . During the 4th of Jul... 04/30/2021

Today’s View –  April 29, 2021 – Mt. Airy, Md. 21771 – Detached HomesThis is a market report for existing detached homes in Mt. Airy, Md. 21771.  At the time of this report (4/29/21) not including new construction 18 such homes are on the market FOR SALE, another 47 are under contract, and 33 have sold in the last 30 days. The absorption rate (Active/30 day sold) is .60 which is considered a seller’s market. While the minimum lot size is just 0.08 acres and the maximum lot size is 66 acres, the median is 0.93 acres. Of those active, 9 came to market in the last week. Of those under contact, 8 went under contract last week, and 6 of the 33 sold completed the process last week.  There are also 9 homes that the realtors have announced as coming soon, Two Bedrooms HomesThere are no two-bedr... 04/29/2021

Last week in Mount Airy, Md.  21771 Detached HomesLast week ending April 24, 2021 6 existing detached homes in Mount Airy, Md. where added to the market, 10 went under contract, 10 completed the sales process, 8 are listed as coming soon, and 3 temporally off the market. This brings the count to 15 on the market for sale, 45 under contract and 31 completing the sales process in the last 30 days. Those on the market for sale range in list price from $350,000 to $1,750,000. Those under contract where last listed from $225,000 to $1,100,000.  Those that have completed the sales process in the last 30 days have sold for between $160,000 and $949,000.  If you have any questions about this report or wanting to discuss the possibility of moving into the community or selling your home please re... 04/25/2021

Today’s View – April 23, 2021– Mount Airy, Md. 21771 - TownhousesThis is a market report for townhouses in Mount Airy, Md. 21771.  At the time of this report (4/23/2021) there is 1 townhouse on the market FOR SALE, another 9 under contract, and 6 that have sold in the last 30 days. Two-Bedroom TownhousesThere are no two-bedroom townhouse in Mount Airy, currently on the market for sale nor any under any form of contract. In the last 30 days, 3 three-bedroom townhouses in Mount Airy have successfully completed the sales process. The closing prices of these homes ranges from $230,000 to $362,000, with the median being $268,000.  The days on market for these homes ranged from approaching 1 week (3 days) to 3 weeks (24 days), with the median approaching 1 week (5 days)...Three-Bedrooms Townh... 04/23/2021

Today’s View – April 14, 2021 – Monrovia, Md. 21770- Detached homesThis is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (4/14/2021) there are 3 existing homes on the market FOR SALE, another 9 that are under contract, and 4 that has sold in the last 30 days. Three BedroomsThere are at this time no three-bedroom existing detached home in this area on the market for sale. There is 1such home under some form of contract.  The known list price of this home is $335,000 and it was on the market for less than a week (3 days). The last 30 days 2 three-bedroom detached homes in Monrovia successfully completed the sales process.  These homes sold for $339,900 after being on the market for approaching 1 month (24 days) and $455,000 after being on t... 04/14/2021

Whether you believe the U.S. will see inflation in the next couple of years or not, one thing is for certain- this super-hot sellers market is unprecedented.  Many, including myself believe that this crazy market we're experiencing is a direct result of COVID-19's impact on the housing industry.  Many sellers who would have chosen to list and sell their home over the past year have pulled back and decided not to sell.  That decision has resulted in this grandiose shortage of inventory which is why buyers have to compete for the few properties that do come on the market. Simple supply and demand.   I buy gas for my car at Costco and I'm shocked at the price of gas and what's happened to it over the past four weeks or so.  Food prices are on the rise and I'm sure you can name plenty of o... 04/12/2021

Today’s View –  April 9, 2021 – Mt. Airy, Md. 21771 – Detached HomesThis is a market report for existing detached homes in Mt. Airy, Md. 21771.  At the time of this report (4/9/21) not including new construction 19 such homes are on the market FOR SALE, another 43 are under contract, and 27 have sold in the last 30 days. The absorption rate (Active/30 day sold) is .70 which is considered a seller’s market.While the minimum lot size is just 0.08 acres and the maximum lot size is 48.9 acres, the median is 0.97 acres. Of those active, 11 came to market in the last week. Of those under contact, 6 went under contract last week, and 3 of the 28 sold completed the process last week.  There are also 6 homes that the realtors have announced as coming soon, Two Bedrooms HomesThere are no two-bedr... 04/09/2021

Today’s View – April 4, 2021 – Monrovia, Md. 21770- Detached homesThis is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (4/4/2021) there are 2 existing homes on the market FOR SALE, another 4 that are under contract, and 2 that has sold in the last 30 days.  There are 2 with a coming soon status.Of the 8 homes covered in this report 6 come with a 2 car garage Three BedroomsThere are at this time no three-bedroom existing detached home in this area on the market for sale. No such homes under any form of contract and none have successfully completed the sales process in the last 30 days. Four BedroomsThere is 1 four-bedroom existing detached homes in this area on the market for sale at this time.  The home is currently listed for $620,000 a... 04/05/2021

This is definitely not an advertisement for Zircon water detectors.  If you can find another brand that you like, by all means, but the important take away here is that water detectors in your home are invaluable.  Make sure to find one with Wi-Fi capability.  I'm actually thinking about adding a few in my rental property as a precaution.I experienced a water leak in a basement apartment recently and by the time we caught it, the new high-end laminate floor that we installed was literally floating on top of the water! You might ask how that could happen.  The kitchen faucet was faulty and was leaking straight down the back of the sink cabinet.  The water had penetrated the underside of the flooring from that point and then just followed the path of least resistance under the flooring. W... 04/04/2021

Today’s View – April 2, 2021 – New Market, Md. 21774 – Detached HomesThis is a market report for existing detached homes in New Market, Md. 21774.  At the time of this report (4/2/2021) not including new construction 10 such homes are on the market FOR SALE, another 31 under contract, and 19 have sold in the last 30 days. The Absorption Rate (Active/30 day sold) is .52 which is considered a seller’s market.While the minimum lot size is just .07 acres and the maximum lot size is 3.5 acres, the median is .24 acres. Two Bedroom HomesCurrently, there is 1 two-bedroom existing detached homes in New Market on the market for sale. This home is currently listed for $180,000 after being on the market for 4.5 months (139 days).There are no two-bedroom existing detached homes in New Market current... 04/02/2021

Today’s View –  April 1, 2021 – Mt. Airy, Md. 21771 – Detached HomesThis is a market report for existing detached homes in Mt. Airy, Md. 21771.  At the time of this report (4/1/21) not including new construction 12 such homes are on the market FOR SALE, another 42 are under contract, and 24 have sold in the last 30 days. The absorption rate (Active/30 day sold) is .541 which is considered a seller’s marketWhile the minimum lot size is just 0.08 acres and the maximum lot size is 48.9 acres, the median is 0.93 acres. Of those active, 1 came to market in the last week. Of those under contact, 5 went under contract last week, and 5 of the 24 sold completed the process last week. Two Bedrooms HomesThere are no two-bedroom detached homes covered by this report in Mount Airy on the market for ... 04/01/2021

Today’s View – March 29, 2021– Mount Airy, Md. 21771 - TownhousesThis is a market report for townhouses in Mount Airy, Md. 21771.  At the time of this report (3/29/2021) there is 1 townhouse on the market FOR SALE, another 7 under contract, and 6 that have sold in the last 30 days. Two-Bedroom TownhousesThere are no two-bedroom townhouse in Mount Airy, currently on the market for sale. There are 2 two-bedroom townhouses in Mount Airy, currently under contract.  The last known list price of this home ranging being $239,900 after being in the market for 3 weeks (24 days) and $249,900 after being on the market for approaching 1 week (5 days).In the last 30 days, 1 two-bedroom townhouse in Mount Airy has successfully completed the sales process.  This home sold for $275,000 after being on t... 03/29/2021

I am happy to say I live and practice in one of the top 10 safe cities in Maryland.This is not based on my opinion but that of a survey done by Safewise. 03/29/2021

Today’s View – March 19, 2021 – Monrovia, Md. 21770This is a market report on existing detached homes in Monrovia, Md. 21770.  At the time of this report (3/19/2021) there are no such homes on the market FOR SALE, another 5 that are under contract, and 4 that has sold in the last 30 days.  There are 2 with a coming soon status.Of the 9 homes covered in this report 3 come with a 2 car garage Three BedroomsThere are at this time no three-bedroom existing detached home in this area on the market for sale.There is 1 three-bedroom existing detached homes in this area under some form of contract at the time of this report. The last known list price of this home being $455,000 after being on the market for 1 week (7 days).In the last 30 days, 2 three-bedroom existing detached home in Monrovia ... 03/19/2021

   Increase in Sales Amidst a Shrinking Median Days on Market      ANNAPOLIS, MD – March 15, 2021 Maryland’s housing market continued its robust sales pace in 2021 with strong February sales figures that outpaced the previous year’s sales by 12.3%. The average sales price, $383,743, reflected an increase of 13.9% from February 2020’s figure of $336,841, while the February 2021 median sales price of $325,000 outpaced the previous year, $295,000, by 10.2%. The ongoing concern—months of inventory—remains at 0.8, yet further squeezed by median days on market, which was ten days in January 2021 and now stands at eight days for February 2021. In February 2020, median days on market stood at 29 days. Rising interest rates can also put a squeeze on buyers. “There’s no doubt that buyers, sellers... 03/16/2021

Today’s View – March 7, 2021 – Ijamsville, Md. 21754 – Detached HomesThis is a market report for existing detached homes in Ijamsville, Md. 21754.  At the time of this report (03/07/2021) not including new construction there are 6 such homes on the market FOR SALE, another 5 that are under some form of contract, and 6 that have successfully completed the sales process in the last 30 days. The Absorption Rate (Active/30 day sold) is 1 which is considered a Sellers’ market.While the minimum lot size is just .25 acres and the maximum lot size is 15.2 acres, the median is .94 acres.  Two Bedroom HomesThere are no two-bedrooms homes in Ijamsville currently on the market for sales, none under any form of contact and none that have successfully completed the sale process in the last 30 days, T... 03/07/2021

Today’s View – March 6, 2021 – New Market, Md. 21754 – Existing TownhousesThis is a market report for existing townhouse in New Market, Md. 21754.  At the time of this report (3/6/2021), there are no townhouse on the market FOR SALE, 4 are under contract, and 3 have sold in the last 30 days.  Two Bedroom TownhousesWhile there are two bedroom townhouses in New Market, Md. There none currently on the market for sale, none under any form of contract and none that have sold in the last 30 days. Three Bedrooms TownhousesThere are no three-bedroom existing townhouse in New Market on the market for sale at the time of this report. There are 4 three-bedroom townhouses in New Market under some form of contract at this time. The last known list price of these homes ranges from $275,000 and $349,9... 03/06/2021

Today’s View – March 4, 2021– Mount Airy, Md. 21771 - TownhousesThis is a market report for townhouses in Mount Airy, Md. 21771.  At the time of this report (3/4/2021) there is no townhouse on the market FOR SALE, another 9 under contract, and 1 that have sold in the last 30 days. Two-Bedroom TownhousesThere is no two-bedroom townhouse in Mount Airy, currently on the market for sale. There are 3 two-bedroom townhouses in Mount Airy, currently under contract.  The last known list price of this home ranging from $249,900 to $275,000, with the median being $249,900.  The days on market for these homes ranges from approaching 1 week (3 days) to 2 weeks (13 days), with the median approaching 1 week (5 days).No two-bedroom townhouse in Mount Airy has successfully completed the sales process i... 03/04/2021