The January 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 7 units that sold during the month of January 2014:
· 2 single family homes with an average sales price of $263,400 and the average number days on the market were 5 days.
· 3 town homes with an average sales price of $273,666 and the average number of days on the market were 55 days.
· 2 condominiums with an average sales price of $175,600 and the average number of days on the market were 16 days.
When we look beyond the neighborhood of Longreach to get a feel for sales activity within the entire zip code of 21045 we learn that there were a total number of 23 units that sold (0.00% change from last year). The median sold price was $265,000 (9.50% increase over last year) and the overall average days on the market was 50 (-24.24% decrease from last year).
· 8 single family homes sold (0.00% change from last year) with an average sales price of $353.588 (-3.16% decrease from last year).
· 15 attached units sold (0.00% change from last year) with an average sales price of $241,413 (39.28% increase over last year).
In the 21045 zip code, the number of properties that sold during the month of January and the last 12 months 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.
Live Interactive Market Trend Charts for 21045
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