Bowie MD zip code 20716 Real Estate Market Report-April 2018

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Real Estate Agent with Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC SP98364271

                     Bowie MD zip code 20716 Real Estate Market Report-April 2018

 

 

Bowie MD zip code 20716 Real Estate Market Report

  • Total Sold dollar volume of Bowie MD zip code 20716 Houses SOLD in April 2018 was $8,394,900. That is 19.96% more than April 2017 when Total Sold dollar volume of Bowie MD zip code 20716 Houses SOLD was $6,997,925.
  • Average sold price of a Bowie MD zip code 20716 House SOLD in April 2018 was $335,796. That is more than 39.16% more in April 2017 when the average sold price of a Bowie MD House SOLD was $241,308. 
  • 25 Bowie MD zip code 20716 Houses were SOLD in April 2018. That is only 13.79% less than April 2017 when 29 Bowie MD zip code 20716 Houses were SOLD.
  • Average days on the market of a Bowie MD zip code 20716 House SOLD was 36 days in April 2018.  That is down 20% from April 2018 when the average days on the market of a Bowie MD House in the zip code 20716 was 30 days.
  • Average selling price to original list price ratio of Bowie MD zip code 20716 Houses sold was 98.8% in April 2018. That is down only -0.06% from April 2017 when it was 98.9%.
  • Average sold price of an Detached Bowie MD zip code 20716 House was $401,636 in April 2018. That is down 35.52% from April 2017 when the average sold price of a Detached Bowie MD zip code 20716 House was $296,363.
  • Average sold price of an Attached Bowie MD zip code 20716 House was $252,000. That is down 14.37% from April 2017 when the average sold price of an attached Bowie MD 20716 zip code house was $220,335.
  • 10 out of the 25 Bowie MD zip code 20716 Houses that were sold in April 2018 were purchased with a FHA Loan.
  • 7 out of the 25 Bowie MD zip code 20716 Houses that were sold in April 2018 were purchased with a Conventional Loan.
  • 4 out of the 25 Bowie MD zip code 20716 Houses that were sold in April 2018 were purchased with a VA Loan.
  • 3 out of the 25 Bowie MD zip code 20716 Houses that were sold in April 2018 were purchased with a other kind of financing.
  • 1 out of the 25 Bowie MD zip code 20716 Houses that were sold in April 2018 were purchased with CASH.
  • 23 out of the 25 Bowie MD zip code 20716 Houses that were sold in April 2018 were on the market for 90 days or less.
  • 20 out of the 25 Bowie MD zip code 20716 Houses that were sold in April 2018 were on the market for 60 days or less.
  • 17 out of the 25 Bowie MD Houses in the 20716 zip code that were sold in April 2018 were on the market for 30 days or less.

 16609 PEACH ST, BOWIE, MD  20716

16609 PEACH STBOWIEMD  20716

This Detached Contemporary custom built House is nestled on over 3 acres. 6 bedrooms,6 full baths and 2 half baths. Incredible 9,500 SF majestic home,TWO Master Suites Two story foyer w/marble floors Brazilian Cherry hardwood floors. Newly renovated gourmet kitchen w/granite countertops, state-of-the-art appliances and handcrafted built-in cabinetry. Fully finished, carpeted walk-out basement with private entrance with basketball court and children~s swing set. This one is on sale for $849,000.

 

Listing courtesy of NBI Realty LLC

 

 

While few houses sold less than last year April in Bowie MD Houses in the zip code 20716 and it houses in Bowie MD zip code 20716 took just a little longer to sell in April 2018 (36 days) vs April 2017 (30 days),Home owners who sold houses in this area benefitted from the increase in house value.

 

Many home owners who didn't sell their house in April 2017 but sold their house in April 2018 made on average a $90,000+ return at closing. Tell me how many industries out there will give you a 39.16% ROI? According to a 2016 Business tech online article How the World's Ultrarich make their money? Real Estate industry ranked in #2 and it produced at the time 267 billionaires. And according to this Forbes online article 

 

Bowie MD zip code 20715 Local Real Estate Market Report-March 2018

Bowie MD zip code 20715 Weekly Local Real Estate Market Report 3/25/18-3/31/18

Bowie MD zip code 20716 Real Estate Market Report-March 2018

Bowie MD Zip code 20720 Real Estate Market Report-March 2018

Bowie MD zip code 20721 Local Real Estate Market Report-March 2018

 

And click on this link to new construction homes for sale in bowie md

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Rainmaker
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Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR, CNE, CRS, ePro, PSA, SRS

Always good to hear the scoop from a local expert. Thank you for sharing and best of luck!

May 25, 2018 10:24 AM #1
Rainmaker
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Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Consumers like knowing what their Real Estate is doin,g and this is a good way to get the word out!

May 25, 2018 02:40 PM #2
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Rainmaker
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Lanre-"THE REAL ESTATE FARMER" Folayan

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