Altos Market Data for Realtors

Columbia, MD

Single-Family Homes

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Columbia, MD

Fri Apr 03 2020
This week the median list price for Columbia, MD is $515,000 with the market action index hovering around 62. This is an increase over last month's market action index of 54. Inventory has held steady at or around 45. 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

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Columbia, MD

Fri Apr 03 2020
This week the median list price for Columbia, MD is $515,000 with the market action index hovering around 62. This is an increase over last month's market action index of 54. Inventory has held steady at or around 45. 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

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Columbia market.
Median List Price $515,000
Per Square Foot $192
Days on Market 81
Price Decreased 22%
Price Increased 7%
Relisted 7%
Inventory 45
Median Rent $2,200
Most Expensive $1,975,000
Least Expensive $345,000
Market Action 62
Strong Seller's Market

Though this week saw relatively little price change from last week, the market seems to be show some signs of strength. 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
$789,000 4,300 0.25 - 0.5 acre 5 3 24 2 1 171
$575,000 2,967 0.25 - 0.5 acre 4 3 25 5 2 54
$465,000 2,668 0.25 - 0.5 acre 4 3 49 4 1 47
$399,500 1,949 8,000 - 10,000 sqft 3 2 45 4 2 53