COLUMBIA AND CLARKSVILLE HOUSING MARKET DATA

There was an increase in total units sold in March, with 66 sold this month in Columbia and Clarksville Real Estate versus 64 last month, an increase of 3%. This month's total units sold was lower than at this time last year, a decrease of 24% versus March 2024.

Versus last year, the total number of homes available this month is higher by 11 units or 13%. The total number of active inventory this March was 96 compared to 85 in March 2024. This month's total of 96 is lower than the previous month's total supply of available inventory of 124, a decrease of 23%.

Last March, the median sale price for Columbia and Clarksville Homes was $475,000. This March, the median sale price was $489,500, an increase of 3% or $14,500 compared to last year. The current median sold price is 11% higher than in February.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In March, there was 1.5 months of supply available in Columbia and Clarksville, compared to 1.0 in March 2024. That is an increase of 49% 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.

This month there were 105 homes newly listed for sale in Columbia and Clarksville compared to 109 in March 2024, a decrease of 4%. There were 114 current contracts pending sale this March compared to 104 a year ago. The number of current contracts is 10% higher than last March.

In March, the average sale price in Columbia and Clarksville was 103.4% of the average list price, which is 1.2% lower than at this time last year.

This month, the average number of days on market was 10, which is similar compared to a year ago.





FOCUS ON: COLUMBIA AND CLARKSVILLE HOUSING MARKET			MARCH 2025

Zip Code(s): 21044, 21045, 21046 and 21029
Units Sold 66	Active Inventory 96	Median Sale Price $489,500	Days On Market 10

Down -24% Vs. Year Ago	Up 13% Vs. Year Ago	Up 3% Vs. Year Ago	No Change Vs. Year Ago


		Units Sold There was an increase in total units sold in March, with 66 sold this month in Columbia and Clarksville Real Estate versus 64 last month, an increase of 3%. This month's total units sold was lower than at this time last year, a decrease of 24% versus March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 11 units or 13%. The total number of active inventory this March was 96 compared to 85 in March 2024. This month's total of 96 is lower than the previous month's total supply of available inventory of 124, a decrease of 23%.
		Median Sale Price Last March, the median sale price for Columbia and Clarksville Homes was $475,000. This March, the median sale price was $489,500, an increase of 3% or $14,500 compared to last year. The current median sold price is 11% higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 105	Current Contracts 114	Sold Vs. List Price 103.4%	Months of Supply 1.5

Down -4% Vs. Year Ago	Up 10% Vs. Year Ago	Down -1.1% Vs. Year Ago	Up 48% Vs. Year Ago


		Months of Supply In March, there was 1.5 months of supply available in Columbia and Clarksville, compared to 1.0 in March 2024. That is an increase of 49% 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.
New Listings & Current Contracts This month there were 105 homes newly listed for sale in Columbia and Clarksville compared to 109 in March 2024, a decrease of 4%. There were 114 current contracts pending sale this March compared to 104 a year ago. The number of current contracts is 10% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Columbia and Clarksville was 103.4% of the average list price, which is 1.2% lower than at this time last year. Days on Market This month, the average number of days on market was 10, which is similar compared to a year ago.


	Columbia and Clarksville are defined as properties listed in zip code/s 21044, 21045, 21046 and 21029.
	*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 BRIGHTMLS 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 BRIGHTMLS or Long & Foster Real Estate, Inc.