Ellicott City, MD Real Estate Market Report October 2015
Looking to BUY or SELL a Central Maryland Home? Call 240-389-EPIK
or use our 15 second Home Value Estimator
____________________________________________________________________
Our Ellicott City, MD market report includes homes in the 21042 and 21043 zip codes. Please contact us directly for a breakdown by zip.
We’ll let the numbers speak for themselves but the major indicators for October 2015 in Ellicott City, MD seem stable at this point.
Let’s take a look at the major indicators for the real estate market in Ellicott City, MD:
# 1- SOLD PRICE
The average sold price for homes in Ellicott City, MD in October 2015 was $489,238 – up just a bit from from the average price a year ago. Good news for buyers looking for value in this sought after area in Howard County. That average cost does include attached (townhomes, condo’s) as well as detached homes.
That is what we have been saying here at The EPIK Home Group of Keller Williams for a while – prices have stabilized in Ellicott City, MD and interest rates are still at HISTORIC LOWS!
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!)
# 2 – AVERAGE DAYS ON MARKET
Homes stayed on the market for an average of 52 days in October which is pretty consistent with that stat from last year.
List Price to Actual Price is also stable which means homes are being priced correctly in Ellicott City, MD.
# 3- NEW LISTINGS
New home listings are another indicator of real estate market conditions. New listings this month are up 37% from last year and there are currently 296 active listings in Ellicott City, MD – this gives buyers a lot of home buying options in this area!
Want to look at more stats? Check out these details on the Ellicott City MD Real Estate Market Report- Click this link for all the information on Ellicott City MD.
LIVING IN ELLICOTT CITY
Ellicott City in Howard County, MD is a great place to live with excellent public schools, lots of outdoor parks and recreation opportunities, an award winning historic main street and countless options for working, shopping and dining – no wonder this area between Baltimore and Washington, DC continues to have a very active real estate market!
What does this 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 see the Ellicott City MD Real Estate active listings right now! (Feel free to save this link, it updates as the Ellicott City MD Real Estate market changes- you will always have the live market update).
Read on for more details of this active market!
Even if you already live in Ellicott City- it is always a good idea to know what homes are selling for in your area since selling prices affect your home’s value as well!
Contact EPIK Home Group today to find out more
about buying or selling a home in Ellicott City, MD!
____________________________________________________
Ellie McIntire, Certified Luxury Home Marketing Specialist, CLHMS, SRES, and CDPE Certified and EPIK Home Group of Keller Williams Realty Center love telling you about the area through event and neighborhoods updates such as the Ellicott City 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, The McIntire Team is here to help you with all your Real Estate needs!
EPIK Home Group
Keller Williams Realty Centre
443-418-7668 (Cell or text message)
443-766-1768 (Office)
E-mail me anytime at:EllieMcintire@MRIS.com
Click here to see reviews of EPIK Home Group!
Tags: ellicott city, md market report, real estate market in ellicott city, real estate trends in ellicott city
