Catonsville, MD Real Estate Market Report December 2015

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

Let’s take a look at the major indicators for the Real Estate market in Catonsville for December 2015!

Indicator #1 – Home Prices

The Real Estate Market in Catonsville, MD showed a decrease in average home prices in December 2015 – the average sold price was $260,621 which is 11% lower than this time last year.

Are you thinking about putting your Catonsville home on the market this year – contact EPIK 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 market was only 57 days – 32% lower than last year at this time.  This is what you want to see – homes priced right, buyers actively seeing homes and putting in contracts. The Average Listing Price (OLP) to Sold Price (SP) was steady at 94% – homes are being priced right in Catonsville.

Indicator #3 – Active Listings

44 new home listings come on the market this month, up about 83% from this time last year. There are only currently 134 active listings in Catonsville, MD – this may work to the advantage of sellers as buyers have less inventory to choose from in this market.

Why Live in Catonsville?

Catonsville has it all with great schools, walkable local shops and restaurants and excellent access to jobs in Columbia, Baltimore and Washington. 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!

Here are more details of the current Catonsville Market:

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!

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AS OF JANUARY 1^ST 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. At the 100th home sale we will donate 100% of our commission. If we hit our lofty goal of 200 homes we will donate 200% of our commission

Please contact us with any questions you may have about Real Estate – we are local Realtors here in Howard County and Catonsville, MD and are here to help you!

 Ellie McIntire, (Certified Luxury Home Marketing Specialist, CLHMS, SRES, and CDPE Certified) and EPIK Home Group of Keller Williams love telling you about the area with events and neighborhoods updates such as the Catonsville, MD Real Estate Market Report. 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!  

EPIK Home Group of Keller Williams Realty Centre 443-418-7668 (Cell or text message) 443-766-1768 (Office) E-mail me anytime at: EllieMcintire@MRIS.com

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