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Gladstone ModelIf you're thinking of selling your Bowie home any time soon, you have a lot of competition in the 20715 zipcode - there are 199 homes currently for sale.  Of those, 181 are detached homes ranging from $239,500 for an Ardsley model (Levitt cape cod) to newer large homes in the $900,000's.  Since only 13 homes sold during February in the 20715 zipcode, that's an inventory that could take 15 months to sell, assuming no new listings come on the market.

It's an understatement to say it's never been more important to have your home priced right, in GREAT condition, and listed with an experienced agent.

Here's a breakdown of homes on the market now in the 20715 zipcode:

48 - Cape cods, including "Country Clubbers" and "Ardsleys"
46 - 1-story homes - including "Devons" and "Buckinghams"
87 - 2 story colonials - Including "Gladstones" and "Cambridges"
18 - Townhomes

 

Here's a chart showing real estate statistics for last month:

Bowie Real EState

 

 

 

 

A number of these listings are foreclosures, bank-owned, or short sales; there are several more in the pipeline that are not yet listed.

In addition to these homes, there are 720 other homes currently for sale in Bowie:

  • 185 homes on the market in the 20716 zipcode (South Bowie)
  • 289 in the 20720 zipcode
  • 251 in the 20720 zipcode

 

 

 

 

 

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Crofton Maryland Real Estate

Find a Home and learn about Real Estate Market Conditions in Bowie, Maryland.  Check out Today's Rates, use the free Mortgage Calculator, and watch a brief video about the Power of RE/MAX.  These consumer-friendly real estate tools are provided by Margaret Woda for you to use at your own pace. 

When you're ready to go from "just browsing" to "let's get serious", contact Margaret online or call her at RE/MAX Vision in Crofton Maryland. 410-451-1900 

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5 Comments on Bowie Maryland Real Estate Market Update - February 2008

MAR
24
2008
131,698 Points 8 Featured Posts Localism Sponsor Outside Blog Hit Router

Margaret.....I wanna do posts like this?  When can I come for a Bloggers' School? LOL!

Seriously, I need to learn how to do some of the cool graphics you do, so I in turn, can start doing some market reports for my area!

BTW, 32 tonight.....71 on Wednesday...it's a wonder I ain't got the flu yet!!!

9:23pm • #1
411,933 Points 81 Featured Posts Localism Sponsor Outside Blog Hit Router

Thom - Here's a post which gives you step by step directions plus link to Brian Block's post on making custom graphs.  Recipe for a Custom Graphic on Your Blog   This chart was a simple table made in either MS Word or MS Pub - I don't remember which.

9:37pm • #2
347,306 Points 9 Featured Posts Localism Sponsor Outside Blog
Margaret -- Nice report.  I think that things are just starting to turn around in New Hampshire -- We shall see.  Now, if we can just get rid of all this snow!
10:24pm • #3
MAR
25
2008
356,560 Points 59 Featured Posts Localism Sponsor Outside Blog Hit Router
Margaret, with prices down and time on the market way up, this should present a prime opportunity for people who want to purchase a home in Bowie.
9:47am • #4
411,933 Points 81 Featured Posts Localism Sponsor Outside Blog Hit Router

Brian, I hope so, since I have three prospective sellers in Bowie right now.  Buyers do have a GREAT opportunity here.

Joan, Snow?  Goodness, 'makes me appreciate Maryland....  Maybe the market needs a good warm-spell!

10:51am • #5

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Margaret Woda, Maryland Real Estate

Crofton, MD

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Long and Foster, Crofton Real Estate

Address: Long & Foster Real Estate, Inc., 2191 Defense Hwy., #120, Crofton, MD, 21114

Office Phone: (410) 721-1500

Cell Phone: (301) 346-2923

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Real Estate and community information for homebuyers, sellers, and rookie agents in Bowie, Crofton, Crownsville, Davidsonville, Fort Meade, Gambrills, Odenton, Millersville, and the U.S. Naval Academy in Annapolis. Proven systems - combining local expertise, professional experience, and technology - to give you a competitive edge when you buy or sell a home.







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