Special offer

Monrovia, MD Real Estate News

By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View –April 24, 2013 – Monrovia, Md.21770 – Detached Homes This is a market report for detached homes in Monrovia, Md.21770.  At the time of this report (04/24/13) there are eight such homes on the market FOR SALE, 14 are under contract, and another two that have sold in the last 30 days.    Three Bedrooms There is one three-bedroom homes of sale in the zip code. This home is currently listed for $420,000 and has been on the market for approaching two months (50 days). There are another seven three-bedroom detached homes in this market place that are under some form of contract at this time.  The last known list price of these homes ranged from $169,900 to $850,000, with the median being $319,900.  The days on market for these homes ranged from a week (2 days) to approaching thr...
Comments 0
By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – March 20, 2013 – Monrovia, Md.21770 – Detached Homes This is a market report for detached and semi-detached homes in Monrovia, Md.21770.  At the time of this report (03/20/2013) there are 10 such homes on the market FOR SALE, another 13 under contract, and three that have sold in the last 30 days.  This gives us an absorption rate of 3.1 months – a sellers market. Two Bedrooms While there are no two-bedroom detached homes currently on the market for sales and none that have completed the sales process in the last 30 days, there is one currently under contract.  This home was listed for $227,950 and has been on the market for just short of a week (6 days).  Three Bedrooms There are four three-bedroom detached homes in this area on the market for sale. These homes range in ...
Comments 0
By Roy Kelley
(Retired)
Monrovia MD 21770 Real Estate - Frederick County     Home owners and prospective purchasers want to know the trends of the local real estate market. The following statistics are for the past month and are compared with the same month last year. There was 1 new listings and 2 went to pending new contracts. The sold dollar volume was up 61.98% from last year.  The number of homes sold was 3 from 2 last year. The average days on the market was 77 days from 205 days last year. The average sale price was 86.12% of the average list price. The median sold price was $300,000.   Take action now if you need to be under contract by the end of April to qualify for the tax credit. This is for first time home buyers or current owners that have owned for 5 years.   Do you qualify for a tax credit?  Th...
Comments 0
By Roy Kelley
(Retired)
Monrovia MD 21770 Real Estate     Please let us know if you need to purchase by the end of April to qualify for the tax credit. This is for first time home buyers or current owners that have owned for 5 years.   Do you qualify for a tax credit?  The Home Buyer Tax Credit now includes current home owners as well as first time buyers. This link provides the highlights of the program: http://www.federalhousingtaxcredit.com/glance.php This report shows the 16 active listings. Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-99021829-487 Mortgage Financing:   It is an ideal time to obtain funds to purchase a residence or investment property. Interest rates are low and are expected to rise during the coming months. Pre-appr...
Comments 0
Monrovia MD 21770 Real Estate Trend Indicator   If you are planning to purchase or sell a home in Monrovia, you will want to know the trends of the market. The following report is for the past month and the statistics are compared with the same month last year.  There were 23 active listings of homes for sale during the month.  There were 8 new listings and 0 went to pending new contracts. The sold dollar volume was down 16.01% from last year.  The number of homes sold was 2 from 2 last year. The average days on the market was 157 days from 392 days last year.  The average sale price was 96.31% of the average list price. The market is still soft which means that it favors buyers.  Foreclosures and short sales listings still influence the area market.  Buyers are finding it more difficul...
Comments 0
MONROVIA MD 21770 REAL ESTATE TREND INDICATOR   If you are planning to purchase or sell a home in Monrovia, you will want to know the trends of the market. The following report is for the past month and the statistics are compared with the same month last year.  There were 18 active listings of homes for sale during the month.  There were 5 new listings and 3 went to pending new contracts. The sold dollar volume was up 197.44% from last year.  The number of homes sold was 9 from 3 last year. The average days on the market was 60 days from 119 days last year.  The average sale price was 92.31% of the average list price.  The median sold price was $365,000.  The market is still soft which means that it favors buyers.  Foreclosures and short sales listings still influence the area market. ...
Comments 0
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
MONROVIA MD REAL ESTATE IS IN THAT QUIET AREA in FREDERICK COUNTY JUST SOUTH OF ROUTE 70. Monrovia is quite rural in atmosphere and folks who want the quiet of the country will love this small town in Southern Frederick County.  Monrovia homesoffer views of Sugarloaf Mountain, 1,282 feet.  Monrovia is a convenient commuting distance from many employment centers.  Rockville - 28 Miles Frederick - 10 Miles Baltimore - 40 Miles Point of Rocks - 20 Miles (MARC Train) The population of Monrovia is about 6,500 and the average family income is about $120,000.  While Monrovia is considered an "upscale" community (unincorporated), the rural nature of the area includes many farms, farmettes and large lot home sites.  However, there are homes in the price range of $326,000 or less that qualify for...
Comments 5
COUNTRYWIDE REO BARGAIN - GREEN VALLEY, MONROVIA, 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 t...
Comments 2
Monrovia, MD Real Estate Professionals