Mount Airy REALTORS® are gearing up for another blockbuster year… with a keen eye on all the pesky economic indicators that can make it or break it. Generally, our national economists tell us the nation will steadily march forward, that inventory will continue to be a huge issue for home buyers, sellers will enjoy higher prices and fewer days on market, and those prices will continue to appreciate while interest rates will, for the most part, remain historically low.
Although the number of residential units sold (through the MLS) in the 4-County Mount Airy area decreased from 572 to 509, the median sales price increased from $440,000 in 2020 to a whopping $530,000 last year. This is well above the average sales price of Carroll and Frederick County combined – which was $400,000 last year. Days on market went from 22 in 2019 to 9 in 2020 to an unbelievable average time on market of SIX DAYS in 2021. Based on the sales of Team Bonnie & Maureen’s listings, that 6 day period could’ve been much less, but we felt it was in our sellers’ best interests to allow showings for at least 4 or 5 days. During COVID, most brokerages, like us, would not allow “overlapping” showings, so agents with their buyers would sometimes need to get in and out of a house in 15 to 30 minutes!
Location, Location, Location – the one thing I think we will all agree on: Mount Airy is an awesome town, an awesome area. From the point in the pond where all 4 counties meet, to the historic, quaint and renovated downtown area, to the ample shopping and easy access to commuter routes and cities of all sizes, to the wonderful schools, the library and the parks, the breweries, wineries and specialty farmers, to the incredible view of the mountains and the scenic vistas – Mount Airy Maryland is “THE” place to Call Home!