Bowie MD zip code 20721 Real Estate Market Report-April 2018

                       Bowie MD zip code 20721 Real Estate Market Report-April 2018

• Average sold price of a Bowie MD zip code 20721 in April 2018 was $392,933. That is up 7.65% from April 2017 when the average sold price of a Bowie MD zip code 20721 House was $364,994.
• 31 Bowie MD Houses sold in the zip code 20721 in April 2018. That is 72.22% more than April 2017 when 18 Bowie MD Houses sold in the zip code 20721.
• Average days on the market of a Bowie MD zip code 20721 in April 2018 was 49 days. That is down 75% from April 2017 when the average days on the market of a Bowie MD House in the zip code 20721 was 28 days.
• Average selling price to original list price ratio of a Bowie MD zip code 20721 was 99.4% in April 2018. That is down only -0.15% from April 2017 when the ratio was 99.5%.
• Attached average sold price of a Bowie MD house zip code 20721 was $270,261 in April 2018. That is 4.56% more than in April 2017 when the attached average sold price of a Bowie MD house in the zip code 20721 was $258,483.
• Detached average sold price of a Bowie MD house zip code 20721 was $470,411 in April 2018. That is up 12.47% from April 2017 when the average sold price of a Bowie MD house in the 20721 zip code was $418,250.
• 17 out of the 31 Houses for sale that were sold in Bowie MD zip code 20721 in April 2018 were purchased with a Conventional loan.
• 10 out of the 31 Houses for sale that were sold in Bowie MD 20721 zip code were purchased with a FHA loan.
• 2 out of the 31 Houses for sale that were sold in Bowie MD zip code 20721 were purchased with CASH.
• 1 out of the 31 Houses for sale that were sold in Bowie MD zip code 20721 were purchased with a VA loan.
• 1 out of the 31 Houses for sale that were sold in Bowie MD zip code 20721 were purchased with a other kind of loan.
• 24 out of the 31 Houses for sale that were sold in Bowie MD zip code 2071 were on the market for 90 days or less.
• 20 out of the 31 Houses for sale that were sold in Bowie MD zip code 20721 were on the market for 60 days or less.
• 18 out of the 31 Houses for sale that were sold in Bowie MD zip code 20721 were on the market for 30 days or less.

11526 Lottsford Terrace Bowie MD 20721 is a Single Detached Colonial nestled in the Canterbury Estatesplat S subdivision. Lovely spacious home on nicely landscaped lot w/two tiered deck. Side loading garage,office,hardwood flooring,beautiful curving staircase,granite kitchen counters and cooktop island w/sink; 2 fireplace and Master soaking tub. This is a bank owned property. It is ON SALE for $450,000.

Seems like many home owners in Bowie MD zip code 20721 are accepting more offers from home buyers who are using a conventional loan instead of the most common loan product FHA Loan.While houses are taking just a little longer to sell (49 days in April 2018) compared to April 2017(28 days),more houses are selling and home price have gone up. Which is good news if you are either a current home owner who has their house on the market for sale or if you are talking about putting your house on the market since the market currently favors the sellers in Bowie MD zip code 20721. And a 99.4% average selling price to original list price ratio shows that home owners are selling their house almost exactly what they are listing their house for because they are pricing their house right according to their local real estate market.

Also please read these other Bowie MD Real Estate Market Reports 

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

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 20721 zip code Local Real Estate Market Report-March 2018

Bowie MD Weekly Local Real Estate Market Report-5/13/18-5/19/18

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

Bowie MD zip code 20715 Real Estate Market Report-April 2018

And click on this link to Bowie MD New Home Sales Construction

Need a Real Estate Professional who will help you negotiate the purchase

and/or sale of your next house please give me-Lanre Folayan a call or

text me. I can be reached at 202-378-0283.Or you can send me an email to DChomesforsale@gmail.com. I would love to represent you as your Real Estate Agent. 

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