Today's View - May 26, 2020 - Eastern Howard County Md. rentals

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Real Estate Agent with Weichert - McKenna & Vane MD581725

Today’s View – May 26, 2020 – Eastern Howard County Rentals

This is a market report for rental in a portion of eastern Howard County, Md.  This covers the rentals in Clarksville, Columbia, Elkridge, and Ellicott City. These rentals include detached homes, townhouses, and condo apartments.

 

 At the time of this report (5/26/2020), 69 places are on the market FOR RENT, another 40 applications accepted and waiting on leases being signed, and 52 have been rented in the last 30 days.

Of those active, 16 came to market in the last week. Of those under contact, 3 have applications accepted last week, and 17 had a lease signed.

 

One Bedroom

There are 8 one-bedroom rentals on the market currently.  These places are currently on the market for between $1,100 and $1,400, with the median being $1,300.  The days on market range from new to the market (1 day) to over 2 months (69 days), with the median approaching weeks (12 days).

There are 4 one-bedroom places waiting on a lease being signed.  The last known list price of these places ranges from $1,200 to $1,700, with the median being $1,288. The days on market ranges from 2 weeks (14 days) to 1.5 months (49 days), with the median being over 3 weeks (24 days).

In the last 30 days, 4 one-bedroom places have successfully completed the process.  These places rented for between $1,250 and $1,350, with the median being $1,288. The days on market ranged from 1 week (6 days) to approaching 1.5 months (39 days), with the median being 3 weeks (23 days).

 

Two Bedrooms Homes

There are 11 two-bedroom rentals on the market currently.  These places are currently on the market for between $1,425 and $2,200, with the median being $1,600.  The days on market range from approaching 1 week (4 days) to 3 months (88 days), with the median being 2 weeks (16 days).

There are 8 two-bedroom places waiting on a lease being signed.  The last known list price of these places ranges from $1,400 to $2,200, with the median being $1,650. The days on market ranges from 1 week (6 days) to approaching 4 months (111 days), with the median approaching 3 weeks (17 days).

In the last 30 days, 9 two-bedroom places have successfully completed the process.  These places rented for between $1,400 and $2,275, with the median being $1,500. The days on market ranged from new to the market (3 days) to 3 months (87 days), with the median being greater than 1 month (36 days).

 

Three Bedrooms Homes

There are 32 three-bedroom rentals on the market currently.  These places are currently on the market for between $1,699 and $3,200, with the median being $2,200.  The days on market range from new to the market (1 day) to greater than 3 months (96 days), with the median being 3 weeks (21 days).

There are 19 three-bedroom places waiting on a lease being signed.  The last known list price of these places ranges from $1,885 to $2,900, with the median being $2,200. The days on market ranges from new to the market (3 days) to 3 months (90 days), with the median being 3 weeks (22 days).

In the last 30 days, 23 three-bedroom places have successfully completed the process.  These places rented for between $1,750 and $2,800, with the median being $2,150. The days on market ranged from new to the market (4 days) to 5.5 months (167 days), with the median approaching 1 month (25 days).

 

Four Bedroom Homes

There are 12 four-bedroom rentals on the market currently.  These places are currently on the market for between $2,000 and $3,500, with the median being $2,748.  The days on market range from new to the market (2 days) to approaching 9.5 months (289 days), with the median approaching 1 month (26 days).

There are 8 four-bedroom places waiting on a lease being signed.  The last known list price of these places ranges from $1,875 to $3,850, with the median being $2,675. The days on market ranges from approaching 1 week (4 days) to 3.5 months (103 days), with the median being greater than 2 weeks (17 days).

In the last 30 days, 15 four-bedroom places have successfully completed the process.  These places rented for between $1,800 and $3,100, with the median being $2,400. The days on market ranged from new to the market (3 days) to 3 months (92 days), with the median approaching 1 month (27 days).

 

Five Bedroom Homes

There are 6 five-bedroom rentals on the market currently.  These places are currently on the market for between $2,650 and $6,200, with the median being $3,500.  The days on market range from 2 weeks (13 days) to 5.5 months (168 days), with the median being 1.5 months (44 days).

There is 1 five-bedroom place waiting on a lease being signed.  This place was last listed at $3,100 and was on the market for 3 weeks (22 days).

In the last 30 days, 1 five-bedroom place has had a lease signed.  The place rented for $2,850 after being on the market for 3 weeks (20 days).

 

If you have any questions about this report, please contact me.  I look forward to helping you with your real estate needs.  Similar posts can be found on my blog talking about townhouses in Mount Airy and homes in the surrounding area as well.

Posted by

Robert J. Force
Weichert Realtors - McKenna & Vane
108 E. Ridgeville Blvd           
Mount Airy, Md. 21771 

            
(301) 237-2277  (c)
(301) 703-8605  (O)

My Website

 

Hope this was of some value to you.

Please ICE your cellphones!

May this FORCE be with you

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Topic:
Real Estate Market Trends
Location:
Maryland Howard County
Groups:
1st Time Buyers
WEICHERT, REALTORS - New Colony
The Ninety-ninth Percentile
Tags:
rentals
eastern howard county
may 2020

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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Bob Force (REALTOR®) this is valuable information for Renters in Eastern Howard County

May 26, 2020 05:10 PM #1
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Kathy Schowe
California Lifestyle Realty - La Quinta, CA
La Quinta, California 760-333-8886

Very comprehensive snapshot of the rental market in Howard County!  Best,  Kathy

May 26, 2020 05:20 PM #2
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Bob. Your rental snapshot is more like the whole portrait. Renters should be impressed. Enjoy your day!

May 27, 2020 04:54 AM #3
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