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Columbia, MD Real Estate Market Report for March 2016
Columbia MD Real Estate Market Report March 2016
Looking to BUY or SELL a Central Maryland Home? Call 240-389-EPIK or use our 15 second Home Value Estimator.

This EPIK Home Group market report includes zip codes 21044, 21045 and 21046.   Contact us directly if you would like us to provide you with a breakdown for a specific zip code. The Columbia market continues to be hot with hundreds of listings on the market!  Let's take a look at the 2 major Real Estate indicators this month: Indicator #1 - Sold Price & Listing to Sold Ratio 
The average sold price in March was $327,190 which is 7% higher than this time last year.  The Columbia market also had a Listing price to Sold price ratio of 95.1% - which has been consistent for this area and shows homes are priced favorably. There has been a steady increase in home sale price margins for this area confirming its desirable location to Baltimore, DC and Virginia. With new jobs, diveristy, and revitilization in the area, this will be a continuing trend! Positive news for both buyers and sellers. 
Indicator #2 - Active Homes on the Market
 
March saw a steady amount of new listings in Columbia with 212 homes on the market just this month.  That is about 35% higher than last year. Even better, ... more

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