Altos Market Data for Realtors

Columbia, MD

Single-Family Homes

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Columbia, MD

Tue Mar 19 2024
This week the median list price for Columbia, MD is $700,000 with the market action index hovering around 77. This is less than last month's market action index of 80. Inventory has increased to 17. Click here to stay informed with the Columbia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Columbia, MD

Tue Mar 19 2024
This week the median list price for Columbia, MD is $700,000 with the market action index hovering around 77. This is less than last month's market action index of 80. Inventory has increased to 17. Click here to stay informed with the Columbia market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Real-Time Market Profile

Never miss important changes in the Columbia market.
Median List Price $700,000
Median Price of New Listings $672,500
Per Square Foot $246
Average Days on Market 19
Median Days on Market 7
Price Decreased 24%
Price Increased 0%
Relisted 0%
Inventory 17
Median Rent
Market Action 77
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$959,995 3,606 0.5 - 1 acre 5 3.5 24 0 0 31
$781,000 3,516 0.25 - 0.5 acre 4 3 31 1 1 17
$672,450 2,473 0.25 - 0.5 acre 4 2.8 53 2 2 3
$530,000 2,016 8,000 - 10,000 sqft 4 2.5 50 1 2 7