Your local Columbia, MD Real Market Trends for March 2017!

Your Local Columbia, MD Real Estate Market Outlook March 2017!

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

June 2010 170

Your Local Columbia, MD Market trends are heading in a positive direction! Inventory is down, New Listings are up, Units sold this month 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

Your Local Columbia, MD median home sales price for March 2017 is $316,000, up from $299,950 this same time last year. The listing to Sold Price Ratios has gone up to 97.4%! Homes are priced well and have little to no price fluctuations. The average days on the market went down from 71 days to 61 days. Properties sold in March 2017 was higher compared from last March, at 117 units. This is a 21% increase in sales compared with March 2016!

Indicator #2 – Active Homes on the Market

Total active listings in Columbia MD is 169 right now, down 32% from this time last year. We saw 206 new listings take place in March 2017. Contracts are identical from last year at 105. We do have familes looking in this area, but they are taking their time and not rushing through the process. We do not expect this to last as the weather gets better and spring arrives!

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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