Altos Market Data for Realtors

Columbia, MD

Single-Family Homes

Schedule a demo today at altos.re.



Columbia, MD

Wed Oct 23 2019
This week the median list price for Columbia, MD is $499,000 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 91. 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 cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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

Wed Oct 23 2019
This week the median list price for Columbia, MD is $499,000 with the market action index hovering around 47. This is less than last month's market action index of 48. Inventory has held steady at or around 91. 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 cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $499,000
Per Square Foot $192
Days on Market 74
Price Decreased 57%
Price Increased 1%
Relisted 14%
Inventory 91
Median House Rent $2,195
Most Expensive $1,975,000
Least Expensive $284,900
Market Action Index
Strong Seller's Market
47

The market appears to be 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
$700,000 4,301 0.25 - 0.5 acre 4 3 25 2 1 91
$564,850 3,052 0.25 - 0.5 acre 4 3 35 4 3 58
$459,900 2,310 8,000 - 10,000 sqft 4 2 41 2 7 76
$375,000 1,866 0.25 - 0.5 acre 4 2 46 7 6 71