Columbia MD Real Estate Market Report February 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 February was $317,184 - This is 5% higher than this time last year. The Columbia market also had a Listing price to Sold price ratio of 95.1% - about average for this area and it shows that homes are being priced right locally.
Indicator #2 - Active Homes on the Market
February saw a steady amount of new listings in Columbia with 121 homes new on the market just this month. That is about 5% higher than last year and they tend to move quickly. Even better, the new under contracts total for February was 78, which is a whopping 39% higher than this time last year.
Homes are being priced right and going fast! Total active listings in Columbia MD is 241 right now!
Why Live in Columbia?
Columbia is in Howard County, Maryland which receives many national accolades for excellent schools and commitment to community health and open space.
This area is always desirable with job opportunities in government, medical and lots of private industry!
What does that 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 Columbia MD Real Estate active listings right now! (Feel free to save this link, it updates as the Columbia MD Real Estate market changes- you will always have the live market update.)
Check out more details on the Columbia MD Real Estate Market Report- Click this link for all the information on Columbia MD.
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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!
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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.
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