Bowie MD zip code 20721 Local Real Estate Market Report-March 2018
Bowie MD Zip code 20721 is one of four zip codes in Bowie MD. (207215,20716 and 20720 are the other three Bowie MD zip codes). As of May 1,2018,they are currently 47 Bowie MD zip code 20721 Houses for sale. But this summer I am sure they are going to be more Houses for sale in Bowie MD 20721 and more SOLD Houses in the Bowie MD zip code 20721 now that Spring is finally here.
14307 DELCASTLE DR, BOWIE MD 20721 is a Historic Watkins House built in 1961 with no expense spared & inspired by the great regional historic estates. Elegant detailing, beautiful woodwork, gorgeous wood floors, master-suite, aux-pair suite, gourmet kitchen w/Wolf gas stove, entertainment area w/ wood dance floor, wet bar & 15 seat theater, private hilltop setting, professional landscaping. Minutes to downtown DC, yet a world away. This house could be yours for a cool $1,200,000
Here is the Bowie MD zip code 20721 Real Estate Market Report-March 2018
- Average sold price of a Bowie MD 20721 House sold was $376,295 in March 2018. That is down only 1.61% from March 2017 when then the average sold price of a Bowie MD zip code 20721 House was $382,446.
- Total Bowie MD zip code 20721 Houses sold were 20 in March 2018. That is down 44.44% in March 2017 when 36 Bowie MD Houses sold in the 20721 zip code.
- Average days on the market of a Bowie MD zip code 20721 House SOLD was 70 days. That is down 89.19% when the avearge days on the market of a SOLD Bowie MD House zip code 20721 was 37 days.
- Average list price for SOLDS in the Bowie MD zip code 20721 was $385,089 in March 2018 compared to March 2017 when the average list price of Bowie MD SOLD Houses in the 20721 zip code was $386,328. That is only a 0.32% drop.
- Ratio of Average Selling Price to Average Original list price in Bowie MD zip code 20721 was 100.9% in March 2018 compared to March 2017 when it was 100.8%. That is only a 0.11% drop.
- 10 out of the 20 Houses that were sold in Bowie MD zip code 20721 were purchased with a Conventional Loan.
- 5 out of the 20 Houses in Bowie MD zip code 20721 were purchased with a FHA Loan.
- 1 out of the 20 Houses in Bowie MD zip code 20721 were purchased with CASH.
- 1 out of the 20 Houses in Bowie MD zip code 20721 were purchased with a VA Loan.
- 3 out of the 20 Houses in Bowie MD 20721 zip code were purchased with a other kind of financing.
- 18 out of the 20 Bowie MD 20721 Houses SOLD in 90 days or less.
- 16 out of the 20 Bowie MD Houses in the zip code 20721 were SOLD in 60 days or less.
- 16 out of the 20 Bowie MD Houses in the zip code 20721 also SOLD in 30 days or less.
What should Bowie MD Home buyers and Bowie Homeowners should pay attention to in this Bowie MD zip code 20721 Local Real Estate Market Report-March 2018? That Houses are taking longer to sell in this area and that many home buyers who are buying a house in Bowie MD zip code 20721 are using Conventional loans. It is the same thing also in Bowie MD zip code 20715,20716 and 20721.
But a 100.9% Ratio of Average Selling Price to Average original list price is saying that home owners are selling their house better than what their local Real Estate Market is interpreting. This is why is key to always hire a Real Estate Professional who you like,know and trust and will be honest with you and give you sage advice. Not just someone who will tell you what you want to hear because they want to win your Real Estate Business.
Also please read my other Bowie MD Real Estate Market Report Blogs
And if you know anyone who is looking to buy and/or sale a house in either Bowie MD,Prince Georges County MD and it's surrounding areas including Washington DC,I would love to be your Exclusive Real Estate Professional. You can call or text me at 202-378-0283. Or send me an email to DChomesforsale@gmail.com. #Bowie #BowieMD #BowieMDHouse #BowieMDHouseforsale #BowieMDzipcode20721 #BowieMDHousesforsale #JustSoldinBowieMD