Ellicott City, MD Real Estate Market Report for April 2016

Ellicott City, MD Real Estate Market Report April 2016

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

Epik Home GroupThis Ellicott City, MD Market Report by EPIK Home Group includes homes in the 21042 and 21043 zip codes.

Please contact us directly for a breakdown by zip code. 

Now you can educate yourself about the market and then choose a great local Realtor like EPIK Home Group to represent you!

Let’s take a look at the major indicators for this very active real estate market in Ellicott City, MD:


The average sold price for detached homes in Ellicott City, MD in April was $473,757.

This is almost a 6% decrease in the average price from 1 year ago. While this may not seem positive, there are a few factors to consider. There are currently 100 new contracts this month, which is a 26% increase from this time last year, as well as a 97.5% Average List to Sold Price. This means that buyers are snatching up homes more aggressively, and with very little to no price fluctuation. This is excellent news for both buyers and sellers on the market in this area.

The number of units sold is at 91 for April, which is stable from this time last year.

ALERT – If you have been thinking about selling 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 Sell (or  How to Get Ready to Buy if you are looking to move into this area!)



Houses in Ellicott City were on the market for an average of 57 days in April.  This is a decrease from this time last year, when homes were on the market an average of 71 days.

List Price to Actual Price remains stable which indicates homes are being priced correctly in Ellicott City, MD.



New home listings are another indicator of real estate market conditions.

232 new properties came on the market in April 2016. This is a steady increase from last year. Buyers have plenty to choose from, and waste very little time putting in offers on homes they like.

There are currently 296 active listings in Ellicott City, MD  – So many great options for buyers in this area!

Do you love reading all the details? Click this link for all the current updates on Ellicott City MD.


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 move since we are in touch with many homeowners even before they are ready to sell!

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).

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!

Read on for more details of this active market!

Real Estate orphan

EPIK Home Group Keller Williams Realty Centre
443-418-7668 (Cell or text message)
443-766-1768 (Office)


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!


 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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