The September Market Watch report for the Village of Long Reach in Columbia MD has arrived. I’ll provide the final numbers of the month followed by the final numbers for the zip code 21045. Also, with regard to the zip code, I’ll provide you with a comparison to last year’s market activity.
There were a total of 14 units that sold during the month of September 2013:
· 3 single family homes with an average sales price of $318,500 and the average days on the market were 53 days.
· 7 town homes with an average sales price of $298,142 and the average days on the market were 17 days.
· 4 condominiums with an average sales price of $135,000 and the average days on the market were 50 days.
When we look beyond the neighborhood of Long Reach to get a feel for sales activity within the entire zip code of 21045 we learn that there were a total number of 40 units that sold (11.11% increase over last year). The average sold price was $298,281 (8.95% increase over last year) and the overall average days on the market was 41 (-49.38% decrease from last year).
· 19 single family homes sold (35.71% increase over last year) with an average sales price of $363,047 (5.39% increase over last year).
· 21 attached units sold (-4.55% decrease from last year) with an average sales price of $239,683 (4.76% increase over last year).
In the 21045 zip code, the number of properties that sold during the month of September and year-to-date represent this particular area has stabilized and is showing steady growth in the total number of properties sold, average sales price and average days on the market.
I would highly recommend the Columbia area to buy real estate since the numbers confirm strength and growth.
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Market Activity
Average Sales Price
Average Days on Market
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