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| APRIL 2025 | |||
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| Zip Code(s): 21044, 21045 and 21046 | |||
| Units Sold 98 |
Active Inventory 104 |
Median Sale Price $507,500 |
Days On Market 12 |
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| Up 7% Vs. Year Ago |
Up 24% Vs. Year Ago |
Up 9% Vs. Year Ago |
Down -20% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in April, with 98 sold this month in Columbia Real Estate. This month's total units sold was higher than at this time last year. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 20 units or 24%. The total number of active inventory this April was 104 compared to 84 in April 2024. This month's total of 104 is lower than the previous month's total supply of available inventory of 122, a decrease of 15%. |
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Median Sale Price
Last April, the median sale price for Columbia Homes was $467,500. This April, the median sale price was $507,500, an increase of 9% or $40,000 compared to last year. The current median sold price is 10% higher than in March. 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 103 |
Current Contracts 111 |
Sold Vs. List Price 102.9% |
Months of Supply 1.1 |
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| Down -10% Vs. Year Ago |
Up 11% Vs. Year Ago |
Down -0.5% Vs. Year Ago |
Up 16% Vs. Year Ago |
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Months of Supply
In April, there was 1.1 months of supply available in Columbia, compared to 0.9 in April 2024. That is an increase of 16% 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. |
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New Listings & Current Contracts
This month there were 103 homes newly listed for sale in Columbia compared to 115 in April 2024, a decrease of 10%. There were 111 current contracts pending sale this April compared to 100 a year ago. The number of current contracts is 11% higher than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Columbia was 102.9% of the average list price, which is 0.6% lower than at this time last year. Days on Market
This month, the average number of days on market was 12, lower than the average last year, which was 15, a decrease of 20%. | |||
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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. |
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