
Here you can search for properties in Ellicott City (Howard County, Md).
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ELLICOTT CITY MARKET UPDATE FOR MAY '08
Ellicott City Md Real Estate for MAY ’08 was similar to other areas of Howard County, such as Columbia and Elkridge, where we have seen less of a downturn in the market as compared to most other areas of the nation.
The trend continues in favor of the Buyer, but Sellers with good equity, who have well maintained properties in desirable areas are still able to NET a substantial return when they sell.
Zip 21042
The Average Days on the Market for homes that sold in May was 118 days vs 89 days for the same month last year.
The Median Sold Price was $495,400 vs $590,000 for the same month last year, a change of -16%.
The Number of Homes sold was 46 vs 31 for the same month last year. a nice rebound.
The Ave Sale Price as a Percentage of Ave List Price was 92.51% vs 96.33% for the same month last year.
Zip 21043
The Average Days on the Market for homes that sold in MAY was 109 days vs 72 days for the same month last year.
The Median Sold Price was $395,000 vs $410,000 for the same month last year, a change of -3.66%.
The Number of Homes sold was 43 vs 45 for the same month last year.
The Ave Sale Price as a Percentage of Ave List Price was 93.64% vs 96.90% for the same month last year.
Please Contact Me if you need additional stats or information on a specific neighborhood; I will be happy to promptly email you the data.
Scroll down a bit from here to read about Ellicott City.
ABOUT ELLICOTT CITY
Actually pronounced "Elli-cut" City by most locals, this historic city is the seat of county government for Howard County Maryland.
Cities in Howard Co. do not use a Mayor or City Council form of government, which may seem a bit odd to some folks.
Founded in 1771 by the Ellicott brothers from Pennsylvania, the local soil was well suited for wheat with the Patapsco River providing water power for a mill. In 1831, America’s first rail terminal was built here for the B&O railroad. The Ellicott City B&O Railroad Station Museum is a favorite of locals and tourists alike. Many other historic landmarks are here including the Thomas Isaac Log Cabin, The Fire House Museum, and the Patapsco Female Institute Historic Park and Mt. Ida Visitor Center. All of these offer a fascinating look at life during America’s Colonial period. Many “haunted” areas are accessible via the popular Ghost Tours.
The historic district off of Main Street is best viewed on foot, and is the heart of the city and county with many shops, restaurant, museums, and historic residences.
Ellicott City’s location offers convenience to the amenities in Baltimore City and DC plus easy access to BWI Airport, local shopping areas and the major roads of Routes 29, 40, 100, Interstate 95, and the Baltimore Beltway I-695.
Excellent schools make this city, as well as Howard County in general, a highly sought after market. In fact, the tri city area of Columbia, Elkridge, and Ellicott City is consistently voted in nationwide community studies as one of the top 10 most desirable areas to live in the USA!
Real Estate in Ellicott City truly has a wide variety of properties in many different price ranges.
Some of the neighborhoods popular with Buyers are Woodland Village (condos and townhouses), Dorsey Hall (condos near the popular Centennial Lake), Brightfield (town homes), Brampton Hills (80’s built single family homes), Governors Run (modern single family Colonials), and Triadelphia Woods (million dollar homes on large lots).
If you need a helpful Agent who is familiar with Ellicott City Md real estate, please contact me, Jules Sabenorio at 410 375-5144, or email me through this website.