Mount Airy Real Estate Statistics provided by the Highland Group.

Mt. Airy real estate statistics for January 2011 have been published by MRIS*.  Here is the synopsis:

 

Mt. Airy    2011    2010% Change
Avg. Price  $349,900 $388,400     -10%
Median Price  $290,000  $377,500      -23%
DOM      163      134
     +22%
# homes sold      11      8
     +38%
Inventory    125
Total New Listings    25
 
Properties Marked Contract     5     
Properties Marked Contingent Contract    13
  
Total New Pendings (Contracts + Contingents)    18
   

                                                                                                                                  

With an inventory of 125, Mount Airy has roughly a 7-8 month absorption rate.  Sellers, on average, got 88% of list price, compared to 91% at this time last year.  The inventory has decreased in Mt. Airy.

Compare to Mt. Airy Real Estate market reports for December 2010.

See  Frederick County Real Estate market reports for January 2011.


* Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data Copyright 2010 - Information deemed reliable, but is not guaranteed.

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The Highland Group

Chris & Karen Highland *    301-831-9947
Turning Point Real Estate – 301-831-8232
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