Columbia
Content
Focus On: Columbia Housing Market
Zip Code(s): 21044, 21045 and 21046
June 2011
Median Sale Price
$320,000
400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0
Units Sold
92
140 120 100 80 60 40 20 0
Active Inventory
476
600 500 400 300 200 100 0
Days On Market
67
120 100 80 60 40 20 0
J-09 O-09 F-10
J-10 O-10 F-11
J-11
J-09
O-09 F-10
J-10
O-10 F-11
J-11
J-09 O-09 F-10 J-10 O-10 F-11 J-11
J-09 O-09 F-10
J-10 O-10 F-11
J-11
Down -20% Vs. Year Ago
Units Sold*
70 60 50 40 30 20 10 0
Sold Detached
Down -4% Vs. Year Ago
Down -2% Vs. Year Ago
Up 8% Vs. Year Ago
Sold Attached
Sold Condo/ Coop
There was an increase in total units sold in June, with 92 sold this month in Columbia versus 78 last month, an increase of 18%. This month's total units sold was lower than at this time last year, a decrease of 20% versus June 2010.
Units Sold
600 500 400
Active Detached
Active Inventory*
Active Attached
Active Condo/ Coop
Versus last year, the total number of homes available this month is lower by 20 units or 4%. The total number of active inventory this June was 476 compared to 496 in June 2010. This month's total of 476 is higher than the previous month's total supply of available inventory of 467, an increase of 2%.
Active Inventory
300 200 100 0
Median Sale Price
350,000 300,000 250,000 200,000 150,000 100,000 50,000 0
Jun-10 $325,000
Jun-11 $320,000
Last June, the median sale price for Columbia Homes was $325,000. This June, the median sale price was $320,000, a decrease of 2% or $5,000 compared to last year. The current median sold price is 10% higher than in May.
Median Sale Price
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
Columbia are defined as properties listed in zip code/s 21044, 21045 and 21046. *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster’s knowledgeable and experienced sales associates. Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.
Focus On: Columbia Housing Market
Zip Code(s): 21044, 21045 and 21046
June 2011
Sold Vs. List Price
97.2%
99% 99% 98% 98% 97% 97% 96% 96%
New Listings
154
300 250 200 150 100 50 0
Current Contracts
102
180 160 140 120 100 80 60 40 20 0
Months of Supply
5.2
12 10 8 6 4 2 0
J-09 O-09 F-10
J-10 O-10 F-11
J-11
J-09
O-09 F-10
J-10
O-10 F-11
J-11
J-09 O-09 F-10 J-10 O-10 F-11 J-11
J-09 O-09 F-10
J-10 O-10 F-11
J-11
Down -6% Vs. Year Ago
Up 19% Vs. Year Ago
No Change Vs. Year Ago
Up 20% Vs. Year Ago
Months Of Supply
9.8
12 10
6.3 6.4 6.4 6.3 6.1 5.9 5.9 7.5
9.1
6.1
6.0
8
5.1 4.4 3.9 3.7
3.5
3.5
4 2 0
3.4
4.0
4.3
6
4.7
4.7
5.0
5.2
In June, there was 5.2 months of supply available in Columbia, compared to 4.3 in June 2010. That is an increase of 20% versus a year ago.
Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
Months of Supply
New Listings & Current Contracts
300
Number of New Listings
Total Pending
This month there were 154 homes newly listed for sale in Columbia compared to 163 in June 2010, a decrease of 6%. There were 102 current contracts pending sale this June compared to 86 a year ago. The number of current contracts is 19% higher than last month.
New Listings & Current Contracts
250 200 150 100 50 0
Sale Price/ List Price & DOM
99% 99% 98% 98% 97% 97% 96% 96%
Avg Sale / Avg List Average DOM
120 100 80 60 40 20 0
In June, the average sale price in Columbia was 97.2% of the average list price, which is similar compared to a year ago.
Sale Price to List Price Ratio
This month, the average number of days on market was 67, higher than the average last year, which was 62, an increase of 8%.
Days On Market
Columbia are defined as properties listed in zip code/s 21044, 21045 and 21046. *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster’s knowledgeable and experienced sales associates. Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.
Zip Code(s): 21044, 21045 and 21046
June 2011
Median Sale Price
$320,000
400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0
Units Sold
92
140 120 100 80 60 40 20 0
Active Inventory
476
600 500 400 300 200 100 0
Days On Market
67
120 100 80 60 40 20 0
J-09 O-09 F-10
J-10 O-10 F-11
J-11
J-09
O-09 F-10
J-10
O-10 F-11
J-11
J-09 O-09 F-10 J-10 O-10 F-11 J-11
J-09 O-09 F-10
J-10 O-10 F-11
J-11
Down -20% Vs. Year Ago
Units Sold*
70 60 50 40 30 20 10 0
Sold Detached
Down -4% Vs. Year Ago
Down -2% Vs. Year Ago
Up 8% Vs. Year Ago
Sold Attached
Sold Condo/ Coop
There was an increase in total units sold in June, with 92 sold this month in Columbia versus 78 last month, an increase of 18%. This month's total units sold was lower than at this time last year, a decrease of 20% versus June 2010.
Units Sold
600 500 400
Active Detached
Active Inventory*
Active Attached
Active Condo/ Coop
Versus last year, the total number of homes available this month is lower by 20 units or 4%. The total number of active inventory this June was 476 compared to 496 in June 2010. This month's total of 476 is higher than the previous month's total supply of available inventory of 467, an increase of 2%.
Active Inventory
300 200 100 0
Median Sale Price
350,000 300,000 250,000 200,000 150,000 100,000 50,000 0
Jun-10 $325,000
Jun-11 $320,000
Last June, the median sale price for Columbia Homes was $325,000. This June, the median sale price was $320,000, a decrease of 2% or $5,000 compared to last year. The current median sold price is 10% higher than in May.
Median Sale Price
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
Columbia are defined as properties listed in zip code/s 21044, 21045 and 21046. *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster’s knowledgeable and experienced sales associates. Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.
Focus On: Columbia Housing Market
Zip Code(s): 21044, 21045 and 21046
June 2011
Sold Vs. List Price
97.2%
99% 99% 98% 98% 97% 97% 96% 96%
New Listings
154
300 250 200 150 100 50 0
Current Contracts
102
180 160 140 120 100 80 60 40 20 0
Months of Supply
5.2
12 10 8 6 4 2 0
J-09 O-09 F-10
J-10 O-10 F-11
J-11
J-09
O-09 F-10
J-10
O-10 F-11
J-11
J-09 O-09 F-10 J-10 O-10 F-11 J-11
J-09 O-09 F-10
J-10 O-10 F-11
J-11
Down -6% Vs. Year Ago
Up 19% Vs. Year Ago
No Change Vs. Year Ago
Up 20% Vs. Year Ago
Months Of Supply
9.8
12 10
6.3 6.4 6.4 6.3 6.1 5.9 5.9 7.5
9.1
6.1
6.0
8
5.1 4.4 3.9 3.7
3.5
3.5
4 2 0
3.4
4.0
4.3
6
4.7
4.7
5.0
5.2
In June, there was 5.2 months of supply available in Columbia, compared to 4.3 in June 2010. That is an increase of 20% versus a year ago.
Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
Months of Supply
New Listings & Current Contracts
300
Number of New Listings
Total Pending
This month there were 154 homes newly listed for sale in Columbia compared to 163 in June 2010, a decrease of 6%. There were 102 current contracts pending sale this June compared to 86 a year ago. The number of current contracts is 19% higher than last month.
New Listings & Current Contracts
250 200 150 100 50 0
Sale Price/ List Price & DOM
99% 99% 98% 98% 97% 97% 96% 96%
Avg Sale / Avg List Average DOM
120 100 80 60 40 20 0
In June, the average sale price in Columbia was 97.2% of the average list price, which is similar compared to a year ago.
Sale Price to List Price Ratio
This month, the average number of days on market was 67, higher than the average last year, which was 62, an increase of 8%.
Days On Market
Columbia are defined as properties listed in zip code/s 21044, 21045 and 21046. *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster’s knowledgeable and experienced sales associates. Information included in this report is based on data supplied by MRIS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.
