Here you can search for properties in Columbia (Howard County, Md).
Foreclosures, Resale, Rentals and New Homes are included.
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COLUMBIA MARKET UPDATE FOR MAY '08Columbia Md Real Estate listings for MAY ’08 were similar to other areas of Howard County, where we have seen less of a downturn in the market as compared to most other areas of the nation. Zip 21046 however showed a surprisingly steep decline in the Median Sold Price as compared to May of 2007.
Zip 21044 (includes the Villages of Dorsey's Search, Wilde Lake, Harper's Choice, River Hill, Town Center and Hickory Ridge).
The Average Days on the Market for homes that sold in May was 148 days vs 90 days for the same month last year.
The Median Sold Price was $350,500 vs $336,000 for the same month last year, a nice comeback of +4.32%.
The Number of Homes sold was 30 vs 51 for the same month last year.
The Ave Sale Price as a Percentage of Ave List Price was 90.36% vs 98.27% for the same month last year.
Zip 21045 (includes the Villages of Long Reach, Oakland Mills and Owen Brown).
The Average Days on the Market for homes that sold in MAY '08 was 96 days vs 66 days for the same month last year.
The Median Sold Price was $330,000 vs $350,000 for the same month last year, a change of -5.71%.
The Number of Homes sold was 50 vs 61 for the same month last year.
The Ave Sale Price as a Percentage of Ave List Price was 94.22% vs 97.10% for the same month last year.
Zip 21046 (includes the Village of King's Contrivance).
The Average Days on the Market for homes that sold in MAY '08 was 107 days vs 92 days for the same month last year.
The Median Sold Price was $312,500 vs $410,000 for the same month last year, a surprising change of -23.78%, homes here over the past months have showed only slight declines in this stat, and some months even posted a postitive increase.
The Number of Homes sold was 15 vs 19 for the same month last year.
The Ave Sale Price as a Percentage of Ave List Price was 94.48% vs 95.89% for the same month last year. The trend for all three zips continues to be in favor of the Buyer, gone are the days when Buyers had to pay 100% to 110% of the list price of a home...at the same time, the stat of Ave Sales Price as a Percentage of the Ave List Price is generally around 95%, so Sellers with equity are still able to NET a substantial return when they sell.
Please contact me if you need additional statistics or information on a specific neighborhood; I will be happy to promptly email it to you.
ABOUT COLUMBIA
If you are unfamiliar withColumbia, the community is consistently rated as one of the most desirable places in the US to settle down. It is conveniently located nearly midway between the Baltimore and DC metro areas, with easy access to all the major roadways and BWI Airport.
Visitors driving through Columbia are often confused by the road signs indicating the various Villages of Columbia. These are not cities, but each of the 10 Villages is actually a collection of several neighborhoods. Each Village has its own Village Center with convenient shopping and services within easy reach for Village residents. The Villages are Dorsey’s Search, Harpers Choice, Hickory Ridge, King’s Contrivance, Long Reach, Oakland Mills, Owen Brown, River Hill, Town Center and Wilde Lake.
Oakland Mills is the oldest of the 10 Villages, dating back to the late 1960’s.
This planned community is well laid out, and offers many Cultural and Recreational programs and facilities that attract residents from all over the region.
The Mall in Columbia in the Town Center Village is probably the biggest draw. Other notable places are the Merriweather Post Pavilion (a popular venue for concerts), the Columbia Ice Rink in the Oakland Mills Village Center, Hobbits Glen and Fairway Hills Golf Courses, along with a variety of shopping, restaurants, sports facilities, and fabulous parks such as Centennial Park, which borders on Columbia and nearby Ellicott City. Shady, paved bike/walking trails go for miles and link the various Villages.
As noted in the opening paragraphs, Columbia Md Real Estate Listings can vary considerably in price and style of property. From Contemporary Style Condos to large traditional Colonial Single Family Homes, Columbia has excellent properties in many different price ranges. Please contact me on my cell (410 375-5144) or email me thru this website if you would need a Prompt, Courteous, Professional Realtor that serves Columbia and the surrounding areas.
