COLUMBIA AND CLARKSVILLE HOUSING MARKET DATA

There was an increase in total units sold in February, with 64 sold this month in Columbia and Clarksville Real Estate versus 60 last month, an increase of 7%. This month's total units sold was lower than at this time last year, a decrease of 14% versus February 2024.

Versus last year, the total number of homes available this month is lower by 2 units or 2%. The total number of active inventory this February was 87 compared to 89 in February 2024. This month's total of 87 is higher than the previous month's total supply of available inventory of 85, an increase of 2%.

Last February, the median sale price for Columbia and Clarksville Homes was $487,500. This February, the median sale price was $440,000, a decrease of 10% or $47,500 compared to last year. The current median sold price is 6% lower than in January.

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

In February, there was 1.4 months of supply available in Columbia and Clarksville, compared to 1.2 in February 2024. That is an increase of 13% 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 69 homes newly listed for sale in Columbia and Clarksville compared to 101 in February 2024, a decrease of 32%. There were 59 current contracts pending sale this February compared to 84 a year ago. The number of current contracts is 30% lower than last February.

In February, the average sale price in Columbia and Clarksville was 102.3% of the average list price, which is 1.2% higher than at this time last year.

This month, the average number of days on market was 17, lower than the average last year, which was 19, a decrease of 11%.





FOCUS ON: COLUMBIA AND CLARKSVILLE HOUSING MARKET			FEBRUARY 2025

Zip Code(s): 21044, 21045, 21046 and 21029
Units Sold 64	Active Inventory 87	Median Sale Price $440,000	Days On Market 17

Down -14% Vs. Year Ago	Down -2% Vs. Year Ago	Down -10% Vs. Year Ago	Down -11% Vs. Year Ago


		Units Sold There was an increase in total units sold in February, with 64 sold this month in Columbia and Clarksville Real Estate versus 60 last month, an increase of 7%. This month's total units sold was lower than at this time last year, a decrease of 14% versus February 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 2 units or 2%. The total number of active inventory this February was 87 compared to 89 in February 2024. This month's total of 87 is higher than the previous month's total supply of available inventory of 85, an increase of 2%.
		Median Sale Price Last February, the median sale price for Columbia and Clarksville Homes was $487,500. This February, the median sale price was $440,000, a decrease of 10% or $47,500 compared to last year. The current median sold price is 6% lower than in January. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 69	Current Contracts 59	Sold Vs. List Price 102.3%	Months of Supply 1.4

Down -32% Vs. Year Ago	Down -30% Vs. Year Ago	Up 1.2% Vs. Year Ago	Up 13% Vs. Year Ago


		Months of Supply In February, there was 1.4 months of supply available in Columbia and Clarksville, compared to 1.2 in February 2024. That is an increase of 13% 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 69 homes newly listed for sale in Columbia and Clarksville compared to 101 in February 2024, a decrease of 32%. There were 59 current contracts pending sale this February compared to 84 a year ago. The number of current contracts is 30% lower than last February.
		Sale Price to List Price Ratio In February, the average sale price in Columbia and Clarksville was 102.3% of the average list price, which is 1.2% higher than at this time last year. Days on Market This month, the average number of days on market was 17, lower than the average last year, which was 19, a decrease of 11%.


	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.