The Columbia MD housing market is still quite interesting. For the last month stats are available (July 2008) total sales were off between 20-40% of the previous year (zips 21044,21045,21046) but the average sales price has actually INCREASED 6-7%! -as has the median sales price!
Avg Sale Price as a percentage of Avg List Price is approx 93% Average days on market also has increased dramatically from the previous year.
There is still a lot of inventory and it is still a Buyers market but for how long?
Jeff 443-745-5392
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