Howard County Real Estate Market Report December 2015
Looking to BUY or SELL a Central Maryland Home? Call 240-389-EPIK or use our 15 second Home Value Estimator
This Howard County real estate market report includes 28 zip codes - and a wide array of homes in Ellicott City, Columbia, Clarksville and Elkridge just to name a few locations.
Contact us directly for a more detailed breakdown by zip code.
Here is the overall assessment of the 3 major Real Estate Market indicators for Howard County, MD:
Indicator #1 - Homes Sold
There were 355 homes sold in December alone for Howard County this month, an increase of 31% compared with this time last year. The average sold price for homes in Howard County, MD for December 2015 was down -3 % from last year (with an average price of $414,855.) which is still incredibly balanced.
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 have a home to sell as well!)
Indicator #2 - Active Listings
There are currently 983 active listings in Howard County, MD which gives buyers a lot of home buying options in our area. There is a 21% increase in New Contracts than there was this time last year at 176, homes are priced appropriately and don't stay on the market long . Here are some of the homes on the market right now!
That is what we have been saying here at The EPIK Home Group of Keller Williams for a while - prices have stabilized and homes are selling fast while interest rates are still at HISTORIC LOWS!
Indicator #3 - Days on Market
Homes stayed on the market for an average of 63 days and that number includes areas such as Clarksville, MD where high end homes can take a while to find the right buyer! This is down from the average days on the market from December of last year, but still very strong for this time of year.
Why Live in Howard County?
Howard County, MD is a great place to live with nationally recognized excellent public schools, lots of outdoor parks and recreation opportunities, an award winning historic main street and countless options for working, shopping and dining. No surprise this area between Baltimore and Washington, DC continues to have a very active real estate market! Read on for more details of the Howard County, MD real estate market!
What does this mean for people looking to invest in Howard County Real Estate? It means you want to use a local Realtor who knows the market REALLY well. Call a LOCAL Realtor to help you with your Howard County Real Estate needs.
Click here to check out any area in Howard County - this is an example of the Ellicott City MD Real Estate active listings but you can put in any zip code you want. (Feel free to save this link, it updates as the Ellicott City MD Real Estate market changes- you will always have the live market update).
Even if you already live in Howard County- 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!
ANNOUNCEMENT: AS OF JANUARY 1ST 2016, EPIK Home Group of Keller Williams Realty Centre will be donating 2.5% of every commission check to “EPIK Kids in Action” Foundation.
The more homes we sell, the more money we can donate to “EPIK Kids in Action“. Our goal for 2016 is 200 homes. The 100th home sale we will donate 100% of the commission. If we hit our lofty goal of 200 homes we will donate 200% of the commission.
Please contact us with any questions about Buying or Selling a home in Howard County in 2016:
Our experienced team here at EPIK Home Group loves telling you about the area with local neighborhoods updates and information. Real Estate is local, so you deserve a local Realtor who not only knows the housing market, but knows Howard County/Catonsville, the amenities, the local events and resources that you will need. Consistently in the top 1% of Realtors in Howard County/Catonsville, EPIK Home Group is here to help you with all your Real Estate needs!
EPIK Home Group Keller Williams Realty Centre
443-418-7668 (Cell or text message)
443-766-1768 (Office)
E-mail anytime to:EllieMcintire@MRIS.com
Click here to see reviews of EPIK Home Group!
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