COLUMBIA MARYLAND - a "Planned Community" developed by The Rouse Company with construction beginning in the 1960s and continuing on today.   A thriving town with development around the 10 Columbia Villages .  Real estate in Columbia appeals to home owners who find employment in Baltimore, Washington, D.C., Montgomery County and other locations that are convenient to this well located Planned Community. 

Luxury Homes in Columbia are popular.  Built on average 1/5-1/4 acre lots, there is a vigorous market for new contruction for Columbia Maryland Real Estate

              

Luxury Single Family Detached and Town Homes are popular with new home buyers in Columbia, MD.  Resales comprise approximately 92% of all listings of homes for sale in Columbia. 




AMENITIES

COLUMBIA offers spectacular features for residences of this wonderful town.  Each village has recreational facilities, swimming pool, community center, tot lots, Homeowners Association office and convenience shopping.   Columbia also offers golf courses, lakes and the Columbia Mall. 

HOUSING IN COLUMBIA

Housing in Columbia offers detached single family homes, town homes, condominium homes and senior communities.  New construction in Columbia is popular and attracts national and local builders.

VALUES FOR REAL ESTATE IN COLUMBIA have remained stable for the past year.  The quality of life in Columbia attracts home buyers from all over the country. 

ZIP CODE 21044

2006    2005    % Change
Total Sold Dollar Volume: $ 21,376,175 $ 21,688,323 - 1.44 %
Average Sold Price: $ 344,777 $ 361,472 - 4.62 %
Median Sold Price: $ 322,500 $ 339,500 - 5.01 %
Total Units Sold: 62 60 3.33 %
Average Days on Market: 56 15 273.33 %
Average List Price for Solds: $ 358,621 $ 366,225 - 2.08 %
Avg Sale Price as a
percentage of Avg List Price:
96.14 % 98.70 %



ZIP CODE 21046

2006    2005    % Change
Total Sold Dollar Volume: $ 7,063,700 $ 8,742,500 - 19.20 %
Average Sold Price: $ 353,185 $ 380,109 - 7.08 %
Median Sold Price: $ 332,500 $ 352,000 - 5.54 %
Total Units Sold: 20 23 - 13.04 %
Average Days on Market: 49 14 250.00 %
Average List Price for Solds: $ 360,380 $ 380,787 - 5.36 %
Avg Sale Price as a
percentage of Avg List Price:
98.00 % 99.82 %



ZIP CODE 21045

2006    2005    % Change
Total Sold Dollar Volume: $ 14,233,200 $ 21,096,799 - 32.53 %
Average Sold Price: $ 338,886 $ 334,870 1.20 %
Median Sold Price: $ 337,500 $ 314,900 7.18 %
Total Units Sold: 42 63 - 33.33 %
Average Days on Market: 58 19 205.26 %
Average List Price for Solds: $ 351,204 $ 339,744 3.37 %
Avg Sale Price as a
percentage of Avg List Price:
96.49 % 98.57 %

ZIP CODE 21029

2006    2005    % Change
Total Sold Dollar Volume: $ 5,020,000 $ 8,927,900 - 43.77 %
Average Sold Price: $ 717,143 $ 686,762 4.42 %
Median Sold Price: $ 550,000 $ 659,000 - 16.54 %
Total Units Sold: 7 13 - 46.15 %
Average Days on Market: 69 52 32.69 %
Average List Price for Solds: $ 794,057 $ 722,538 9.90 %
Avg Sale Price as a
percentage of Avg List Price:
90.31 % 95.05 %




TRANSPORTATION ALTERNATIVES

Columbia is convenient to BWI Airport by way of the recently completed Route 100.  Approximately 60% of Columbia residences work in Washington, D.C. and commute daily by automobile, MARC train or a drive to the METRO Station.

Columbia Maryland Real Estate     Homefinders.com      Search Active Listings

 

 

2 Comments on COLUMBIA, MARYLAND REAL ESTATE MARKET REPORT

DEC
04
2006
259,223 Points 77 Featured Posts Localism Sponsor Outside Blog
Lenn, Congratulations on winning the Carnival of ActiveRain.
10:56am • #1
237,716 Points 56 Featured Posts Localism Sponsor Outside Blog
Lenn, A little late, but congats on the Carnival win. Great maps and good job describing the area.
7:30pm • #2

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