Mt. Airy, Maryland Market Report -- June 2008

Mt. Airy, Md. 21771 Market Report as of 6/16

As of June 16, 2008, the latest statistics for the Mt. Airy market (zip code 21771) were as follows. Some 22 properties were sold since May 1, 2008. The average last known list price was $415,000, with an average of 152 days on the market. Prices of these homes ranged from a low of $225,000 to a high of $739,000, and these properties were on the market anywhere from a low of 9 days to a high of 389 days.

Currently, there are 14 properties under contract in the Mt. Airy zipcode of 21771. The average price under contract is $440,599, and the average length of time on the market was 111 days. Of the properties under contract, the minimum list price was $234,900 as compared to a maximum of $777,000. Prior to going under contract, the properties had been on the market for a low of 8 days, compared to a high of 325 days.

Active units currently total 203 in Mt. Airy. These units break down as follows: 1) average list price is $505,409; 2) average days on the market are 149. The lowest price for a property currently on the market is $195,000, and the highest is $1.3 million. Days on the market range from zero to 769.

Should you require any additional information concerning Mt. Airy properties, please feel free to contact me at pamcanova@mris.com or 240-422-3552 (cell).

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