Market report, updated

Market Report

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Mcmahanhomes.com
Report prepared by Mcmahanhomes.com Real Broker, LLC

Market at a glance

Over the last 6 months, homes sold for 100.8% of list price in 21 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $628K Sold · $629K
$750K$690K$630K$570K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 289 sales in Jun. Last month: 167.

Where the market stands

All homes in this report, by status.

2,163homes
Active501 · 23%
Under contract216 · 10%
Sold (6 mo)1,446 · 67%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$708K
Under contract$692K
Sold$693K

Average days on market

Active46 days
Under contract48 days
Sold21 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 501
Average list price $708,230
Avg. days on market 46 days
Avg. price per ft² $265
Avg. living area 2,700 ft²
Avg. beds / baths 3.6 / 3.4

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

12 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$3M$2M$1M$0

Price vs. living area: 237 homes plotted, up to $3M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

32 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

46 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

14126 Burntwoods Rd$465
6174 Clearsmoke Ct$407
6274 Gay Topaz$401
7321 Little Bird Path$399
1420 Long Corner Road$399
2921 Hunt Valley Dr$397
6660 Luster Dr$393

All active listings (501)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
7321 Little Bird PathColumbia, MD 21046 231,440$575,000$399—
9138 Lambskin LnColumbia, MD 21045 431,304$365,000$2793 days
12220 Sleepy Horse LnColumbia, MD 21044 342,211$600,000$2711 day
8929 Footed Ridge RdgColumbia, MD 21045 331,534$379,900$247—
9593 Sea ShadowColumbia, MD 21046 341,515$415,000$2731 day
8911 Carls Ct Unit AEllicott City, MD 21043 221,497$425,000$2831 day
6005 Watch Chain WayColumbia, MD 21044 442,580$725,000$281—
7304 Point Patience WayElkridge, MD 21075 342,201$435,000$1971 day
9315 Many Flower LnJessup, MD 20794 543,696$709,900$192—
5137 Ilchester Woods WayEllicott City, MD 21043 543,300$849,000$2571 day
Mcmahanhomes.com

Questions about this market?

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Mcmahanhomes.com Real Broker, LLC

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