Columbia, MD Real Estate Market Report for August 2016

Columbia MD Real Estate Market Report August 2016

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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This EPIK Home Group Columbia, MD market report includes zip codes 21044, 21045 and 21046.  

Contact us directly if you would like us to provide you with a breakdown for a specific zip code.

The Columbia market continues to be hot with hundreds of listings on the market!  Let’s take a look at the major Real Estate indicators this month:

Indicator #1 – Sold Price & Listing to Sold Ratio

The average sold price in August was $328,844 which is stable from this time last year, great news for the end of Summer.  The Columbia market also had a Listing price to Sold price ratio of 96.7% – which has been consistent and shows homes are priced favorably. There has been a steady increase in home sale price margins for this area, which confirms its desirable location to Baltimore, DC and Virginia.

Indicator #2 – Active Homes on the Market

August saw a identical amount of new listings in Columbia with 161 homes on the market this month.  More positive news is ‘Under new contracts’ was up to 89 this month, an increase of  3.5% from last years numbers. As this area continues to build, and expand we can expect these numbers to grow, too.

Homes are being priced right and going fast! Total active listings in Columbia MD is 283 right now!

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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.

Click here to check out Columbia MD Real Estate active listings right now! (Feel free to save this link, it updates as the Columbia MD Real Estate market changes- you will always have the live market update.)

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)
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! 

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 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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