Catonsville, MD Real Estate Market Report July 2016
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 July 2016!
Indicator #1 – Home Prices
The Real Estate Market in Catonsville, MD is showing a small continual increase in average home prices, something we like to see with historic areas. This can be a great opportunity for buyers looking to buy that first home without breaking the bank and for sellers looking to get top dollar for their property. The Average Sold Price (ASP) increased by almost 5% from this time last year to $307,592.
Are you thinking about putting your Catonsville home on the market this year – contact EPIK Home Group 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
This month’s average days on the market remained the same as last year at 39 days, right on target for this area. This is an excellent indicator of Real Estate Market health for Catonsville, MD. This is what you want to see – Buyers are actively seeking them out and putting in contracts. With an Original List Price (OLP) to Sold Price (SP) steady at 97.2%, there is no mistake, Catonsville homes are being priced well, and being snatched up quickly.
Indicator #3 – Active Listings
79 new home listings came on the market this month, an increase of 5% from this time last year. There are only currently 133 active listings in Catonsville, MD – which can work to both the seller and buyer. There is little fluctuation in price, so even with the longer days on the market, the homes are still selling near list price or at . With only 42 new contracts written this month, buyers are definitely looking at all their options, and taking their time choosing the perfect home for them.
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!
Love getting educated about Real Estate? 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!
Contact us today and let us know how we can help you!
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How can we help you with your real estate needs this year?
Our EPIK Kids in Action foundation is our way of helping local kids learn to give back to their communities!
You are part of that team when you use or refer EPIK Home Group!
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.
WE ARE EPIK!
Our experienced LOCAL 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!
EPIK Home Group Keller Williams Realty Centre
443-418-7668 (Cell or text message)
443-766-1768 (Office)
E-mail anytime to:EllieMcintire@MRIS.com
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