Real Estate Market Analysis in Columbia, MD for April 2017!

Real Estate Market Analysis in Columbia, MD for April 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 Local Market Analysis for Real Estate in Columbia, MD for April 2017 looks great!

Inventory is down, days on the market is down, home sale prices are up!  Let’s take a look at the major indicators that help us determine overall Real Estate health here:

Indicator #1 – Sold Price & Listing to Sold Ratio

The average home sales price for April 2017 is $372,000, up from $319,000 this same time last year.

The listing to Sold Price Ratios has gone up to 99.0%! Homes are priced well and have little to no price fluctuations between how they are priced and the accepted offer.

Indicator #2 – Average days on the Market

The average days on the market went down to 31 days from 69 days.  A very STRONG sign for a sellers market in Columbia MD!!!

Indicator #3 – Active Homes on the Market

Total active listings in Columbia MD is 201 right now, down 26% from this time last year.  Fewer homes on the market mean less for buyers to chose from.  Often the reason we see the very high list to sold price ratio mentioned above.

Why Live in Columbia?

Columbia is in Howard County, Maryland  which receives many national accolades for excellent schools and commitment to community health and open space.

This area is always desirable with job opportunities in government, medical and lots of private industry!

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.

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

Columbia market report

Real Estate orphan

EPIK Home Group Keller Williams Realty Centre
443-418-7668 (Cell or text message)
410-312-0000 (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! 

Click here to see reviews of EPIK Home Group!

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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 2017 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.  We live here, we sell homes here and we support our community through EPIK Kids in Action!

 

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