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FOCUS ON: COLUMBIA HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 21044, 21045 and 21046 |
Units Sold
106 |
Active Inventory
93 |
Median Sale Price
$600,000 |
Days On Market
15 |
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Up 18%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
Up 15%
Vs. Year Ago |
Up 36%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in June, with 106 sold this month in Columbia Real Estate versus 107 last month, a decrease of 1%. This month's total units sold was higher than at this time last year, an increase of 18% versus June 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 10 units or 12%. The total number of active inventory this June was 93 compared to 83 in June 2024. This month's total of 93 is lower than the previous month's total supply of available inventory of 136, a decrease of 32%.
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Median Sale Price
Last June, the median sale price for Columbia Homes was $523,250. This June, the median sale price was $600,000, an increase of 15% or $76,750 compared to last year. The current median sold price is 13% higher than in May.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
89 |
Current Contracts
118 |
Sold Vs. List Price
101.8% |
Months of Supply
0.9 |
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Down -23%
Vs. Year Ago |
Up 3%
Vs. Year Ago |
Down -0.9%
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In June, there was 0.9 months of supply available in Columbia. The amount of supply is similar compared to 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.
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New Listings & Current Contracts
This month there were 89 homes newly listed for sale in Columbia compared to 115 in June 2024, a decrease of 23%. There were 118 current contracts pending sale this June compared to 115 a year ago. The number of current contracts is 3% higher than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Columbia was 101.8% of the average list price, which is 0.9% lower than at this time last year.
Days on Market
This month, the average number of days on market was 15, higher than the average last year, which was 11, an increase of 36%.
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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 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. |