Altos Market Data for Realtors

Columbia, MD

Single-Family Homes

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Columbia, MD

Tue Nov 24 2020
This week the median list price for Columbia, MD is $579,990 with the market action index hovering around 91. This is less than last month's market action index of 92. Inventory has held steady at or around 17. Click here to stay informed with the Columbia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Columbia, MD

Tue Nov 24 2020
This week the median list price for Columbia, MD is $579,990 with the market action index hovering around 91. This is less than last month's market action index of 92. Inventory has held steady at or around 17. Click here to stay informed with the Columbia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Columbia market.
Median List Price $579,990
Per Square Foot $214
Days on Market 70
Price Decreased 18%
Price Increased 12%
Relisted 6%
Inventory 17
Median Rent $2,200
Most Expensive $1,850,000
Least Expensive $359,500
Market Action 91
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$872,000 5,524 0.25 - 0.5 acre 6 5 8 1 1 204
$647,490 3,064 0.25 - 0.5 acre 4 3 10 1 0 38
$539,450 2,205 0.25 - 0.5 acre 4 3 45 1 2 40
$389,900 1,882 6,500 - 8,000 sqft 3 2 43 2 2 11