COLUMBIA HOUSING MARKET DATA

There was an increase in total units sold in May, with 106 sold this month in Columbia Real Estate versus 98 last month, an increase of 8%. This month's total units sold was lower than at this time last year, a decrease of 3% versus May 2024.

Versus last year, the total number of homes available this month is higher by 14 units or 15%. The total number of active inventory this May was 106 compared to 92 in May 2024. This month's total of 106 is lower than the previous month's total supply of available inventory of 142, a decrease of 25%.

Last May, the median sale price for Columbia Homes was $495,000. This May, the median sale price was $534,000, an increase of 8% or $39,000 compared to last year. The current median sold price is 5% higher than in April.

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

In May, there was 1.0 months of supply available in Columbia, compared to 0.8 in May 2024. That is an increase of 18% 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 91 homes newly listed for sale in Columbia compared to 112 in May 2024, a decrease of 19%. There were 112 current contracts pending sale this May compared to 98 a year ago. The number of current contracts is 14% higher than last May.

In May, the average sale price in Columbia was 101.7% of the average list price, which is 1.3% lower than at this time last year.

This month, the average number of days on market was 11, higher than the average last year, which was 9, an increase of 22%.





FOCUS ON: COLUMBIA HOUSING MARKET			MAY 2025

Zip Code(s): 21044, 21045 and 21046
Units Sold 106	Active Inventory 106	Median Sale Price $534,000	Days On Market 11

Down -3% Vs. Year Ago	Up 15% Vs. Year Ago	Up 8% Vs. Year Ago	Up 22% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 106 sold this month in Columbia Real Estate versus 98 last month, an increase of 8%. This month's total units sold was lower than at this time last year, a decrease of 3% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 14 units or 15%. The total number of active inventory this May was 106 compared to 92 in May 2024. This month's total of 106 is lower than the previous month's total supply of available inventory of 142, a decrease of 25%.
		Median Sale Price Last May, the median sale price for Columbia Homes was $495,000. This May, the median sale price was $534,000, an increase of 8% or $39,000 compared to last year. The current median sold price is 5% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 91	Current Contracts 112	Sold Vs. List Price 101.7%	Months of Supply 1.0

Down -19% Vs. Year Ago	Up 14% Vs. Year Ago	Down -1.3% Vs. Year Ago	Up 19% Vs. Year Ago


		Months of Supply In May, there was 1.0 months of supply available in Columbia, compared to 0.8 in May 2024. That is an increase of 18% 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 91 homes newly listed for sale in Columbia compared to 112 in May 2024, a decrease of 19%. There were 112 current contracts pending sale this May compared to 98 a year ago. The number of current contracts is 14% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Columbia was 101.7% of the average list price, which is 1.3% lower than at this time last year. Days on Market This month, the average number of days on market was 11, higher than the average last year, which was 9, an increase of 22%.


	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.