The Clarksville, MD Real Estate Market Report for May 2017

Here is the Clarksville, MD Real Estate Market Report for May 2017!

Looking to BUY or SELL a Central Maryland Home? Call 240-389-EPIK or use our 15 second Home Value Estimator

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The Clarksville, MD real estate market report shows a stable market f0r May! Under new contracts is up, Inventory is stable, and Median Sold Price for homes is up. These are all great statistics for a very active summer season!

Here is a look at the 3 major indicators of the Real Estate Market for Clarksville, MD:

Indicator #1 – Home Prices

Clarksville, MD  is a smaller but well developed community in Howard County, Maryland, and is expanding every year. It’s a very successful location in the Real Estate Market for Maryland. This area has an exclusive but convenient nature that makes it sought after by many families looking for that perfect work/life balance.

The real estate report for Clarksville, MD in May 2017 shows an average sold price of $670,000.  This number is higher than the median sales prices from last year. There is very little fluctuation in price from list to sold.

Looking to buy in Clarksville?

With its amazing schools and small community feel, Clarksville, MD seems to have it all. Plus, location, location, location!

Contact us today if you are considering a move in 2017 – buyers need to come pre-approved and with a plan to sell their existing home quickly!  We can help make that happen for you here at EPIK Home Group!

Click here to see all the active Clarksville MD Real Estate active listings right now!

Indicator #2 – Inventory of Available Homes

Clarksville is a small community, so inventory has always been small compared with places like Ellicott City. Our report on Clarksville, MD shows an increase in available homes for May 2017. Under new contracts is up by 70% compared with May of last year. Same with all Pendings. These are very positive signs in a healthy stable market.


Indicator #3 – Days on Market

The average days on market was at 98 days before the homes went under contract, a 13% increase from this same time last year. When you are working with price points this high, this is not uncommon. Also, remember the List to Sold price ratio is stable, so these homes sell at or very close to their asking price.

What does that mean for people looking to invest in Howard County Real Estate?

It means you want to use a local Realtor who knows the market REALLY well. Call a LOCAL Realtor to help you with your Howard County Real Estate needs.

clarksville market report

Check out more details on the Clarksville MD Real Estate Market Report- Click this link for all the information on Clarksville MD.

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EPIK Home Group Keller Williams Realty Centre
443-418-7668 (Cell or text message)
443-766-1768 (Office)
EllieMcintire@MRIS.com

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Our experienced 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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 EPIK Kids in Action 

AS OF JANUARY 1ST 2016, EPIK Home Group of Keller Williams Realty Centre will be donating 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 2016 is 200 homes. The 100th home sale we will donate 100% of the commission. If we hit our lofty goal of 200 homes we will donate 200% of the commission.

 

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