Ellicott City, MD Real Estate Market Report August 2015
The EPIK Home Group Ellicott City, MD real estate market report includes homes in the 21042 and 21043 zip codes. Please contact us directly for a breakdown by zip.
ALERT - If you have been thinking about buying for more than a year - now is the time! Contact us for information on How to Get Ready to Buy (and/or How to Get Ready to Sell if you also have a home to sell!)
The average sold price for homes in Ellicott City, MD in August 2015 was $510,371 - this is very close to the average price from a year ago ($512,343). More data support that this area is seeing a trend of stable home prices at this point!
That is what we have been saying here at The EPIK Home Group of Keller Williams for a while - prices have stabilized in Ellicott City, MD and interest rates are still at HISTORIC LOWS!
Homes this month stayed on the market for an average of 67 days which is way up from last years average of 46 days on market! However, just last month the average days on market was much lower. This could just be an indicator of the types of homes that sold this month - there were probably unique reasons they sat on the market longer.
There are currently 307 active listings in Ellicott City, MD - this gives buyers a lot of home buying options in our area!
Click here for more details of this very active market!
Even if you already live in Ellicott City- it is always a good idea to know what homes are selling for in your area since selling prices affect your home's value as well!
Comments(1)