Catonsville, MD Real Estate Market Report January 2017!
Looking to BUY or SELL a Central Maryland Home? Call 240-389-EPIK or use our 15 second Home Value Estimator.
Catonsville, MD has been holding strong as we finished out January. New listings, active listings, days on the market, Median sales prices are all within similar range from the previous year. Lets review the major aspects of this Market Analysis.
Indicator #1 – Active Listings
There are only currently 103 active listings in Catonsville, MD – this is a decrease from last year which showed 127. A great time to put your house on the market with less competition!
New listings are identical from January 2016 at 52. New Under Contract numbers are slightly lower at 27 from 31 in January 2016. There are plenty of buyers still dedicated to finding that perfect home!
Are you thinking about putting your Catonsville, MD home on the market this year – contact EPIK Home Group now for our professional estimate of your homes’ current value and suggestions for how and when to put your home on the market.
ALERT – If you have been thinking about buying for more than a year – now is the time as interest rates remain low and inventory is moving! Contact us for information on How to Get Ready to Buy (or How to Get Ready to Sell if you also have a home to sell!)
Indicator #2 – Days on Market
The Average Days on the Market remained stable at 56 Days, down from 53 days in January 2016. With an average Sold Price Ratio around 96% there is very little fluctuation in pricing. Excellent news for those considering putting their home on the market during the winter months. Homes are being priced well here, and serious buyers are putting in contracts on homes they love.
Indicator #3 – Average Home Prices
The Real Estate Market in Catonsville, MD is showing stable home prices throughout, something we like to see with historic areas. The current average sold price is $243,950 which is a 5% decrease from this time last year.
Why Live in Catonsville?
Catonsville has it all with great schools, walk-able local shops and restaurants and excellent access to jobs in Columbia, Baltimore and Washington, DC. Our area is so wonderful that many people do not move out once they move in! Using a local Realtor like EPIK Home Group is a great idea – we live here and are in touch with many homeowners even before they are ready to sell!
Would you like to live in Catonsville? Click here to check out the Catonsville MD Real Estate active listings right now! (Feel free to save this link, it updates as the Catonsville market changes so you will always have the live market update.)
Do you already live in Catonsville? Keep track here of what homes are selling for in your area – selling prices affect your home’s value as well!
Contact us today and let us know how we can help you!
How can we help you with your real estate needs this year and help us give back to our community?
Our EPIK Kids in Action foundation is our way of helping local kids learn to give back to their communities!
You are part of that team when you use or refer EPIK Home Group!
AS OF JANUARY 1ST 2016, EPIK Home Group of Keller Williams Realty Centre donates 2.5% of every commission check to “EPIK Kids in Action” Foundation.
The more homes we sell, the more money we can donate to “EPIK Kids in Action“. Our goal for 2017 is 200 homes.
WE ARE EPIK!
Our experienced LOCAL team here at EPIK Home Group loves telling you about the area with local neighborhoods updates and information. Real Estate is local, so you deserve a local Realtor who not only knows the housing market, but knows Howard County/Catonsville, the amenities, the local events and resources that you will need. Consistently in the top 1% of Realtors in Howard County/Catonsville, EPIK Home Group is here to help you with all your Real Estate needs!
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