Here is your Local Market Report on Clarksville, MD - April 2017!
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The Local Market Report on Clarksville, MD shows great activity! The total units sold is up, days on the market is down, and hardly any price fluctuation. The average sales price on homes is lower than in previous years. This is most likely the result of older homes being placed on the market, not the newer developments. These are all great statistics for a very active summer season!
Here is a look at the 3 major indicators of the Real Estate Market for Clarksville, MD:
Indicator #1 - Home Prices
Clarksville, MD is a smaller but well developed community, and is continuing to expand. It's a very successful location in the Real Estate Market for Maryland. With an exclusive nature that makes it sought after by many families looking for that perfect work/life balance. The report on Clarksville, MD for April 2017 shows an average sold price of $575,608, which is less than this same time last year. There is almost no fluctuation in list price to sold. The drop in home prices is likely the result of older or smaller homes being placed on the market, not from newer homes.
Looking to buy in Clarksville?
With its amazing schools and small community feel, Clarksville, MD seems to have it all. Plus, location, location, location!
Contact us today if you are considering a move in 2017 - buyers need to come pre-approved and with a plan to sell their existing home quickly! We can help make that happen for you here at EPIK Home Group!
Click here to see all the active Clarksville MD Real Estate active listings right now!
Indicator #2 - Inventory of Available Homes
Clarksville is a small community, so inventory has always been small compared with places like Ellicott City. Our report on Clarksville, MD shows an increase in available homes for April 2017. Active Listings and new Contracts were also up for this area. All very positive signs for a stable healthy market.
The average days on market was at 47 days before the homes went under contract, a 39% decrease from this same time last year. New pendings are up 53% for the month of April, excellent news for those considering putting their home on the market.
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.
Check out more details on the Clarksville MD Real Estate Market Report- Click this link for all the information on Clarksville 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!