Altos Research

Columbia, MD

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Columbia, MD

Sun Jun 16 2019
This week the median list price for Columbia, MD is $469,880 with the market action index hovering around 58. This is less than last month's market action index of 60. Inventory has held steady at or around 104. Click here to stay informed with the Columbia market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Columbia, MD

Sun Jun 16 2019
This week the median list price for Columbia, MD is $469,880 with the market action index hovering around 58. This is less than last month's market action index of 60. Inventory has held steady at or around 104. Click here to stay informed with the Columbia market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Columbia market.
Median List Price $469,880
Per Square Foot $190
Days on Market 48
Price Decreased 51%
Price Increased 5%
Relisted 13%
Inventory 104
Median House Rent $2,100
Most Expensive $1,975,000
Least Expensive $199,900
Market Action Index
Strong Seller's Market
58

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$686,500 3,881 0.25 - 0.5 acre 4 4 24 3 5 69
$536,500 2,946 8,000 - 10,000 sqft 4 3 38 2 7 43
$425,000 2,115 0.25 - 0.5 acre 4 2 43 6 5 49
$375,000 1,750 8,000 - 10,000 sqft 3 2 45 2 8 30