Single-Family Homes
Sat Jul 05 2025
This week the median list price for Columbia, MD is $699,000 with the market action index hovering around 73. This is less than last month's market action index of 74. Inventory has held steady at or around 30.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Median List Price | $699,000 | |
Median Price of New Listings | $635,000 | |
Per Square Foot | $247 | |
Average Days on Market | 46 | |
Median Days on Market | 35 | |
Price Decreased | 57% | |
Price Increased | 0% | |
Relisted | 7% | |
Inventory | 30 | |
Median Rent | ||
Market Action | 73 | |
Strong Seller's Market |
This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$962,450 | 4,470 | 0.25 - 0.5 acre | 5 | 3.5 | 29 | 1 | 2 | 31 |
$760,000 | 3,662 | 0.25 - 0.5 acre | 4 | 2.5 | 40 | 0 | 3 | 35 |
$597,500 | 2,257 | 8,000 - 10,000 sqft | 4 | 2.8 | 52 | 1 | 2 | 45 |
$499,500 | 1,628 | 0.25 - 0.5 acre | 4 | 2 | 51 | 1 | 3 | 14 |