Your Maryland Real Estate Specialists

Howard County Real Estate Market Update

Get the Winning Edge with Grant, Weston, & Jim Bim

Howard County is experiencing one of the most significant inventory shortages we've seen year over year — and it's shaping every corner of this market. Grant Bim and Jim Bim are here with your August 2026 Howard County update.

With inventory this tight and pending sales climbing, well-priced homes are moving fast. But mispriced homes are sitting — and that dynamic is creating opportunity on both sides of the transaction.

Howard County By The Numbers

July 2026 vs. July 2025

▼ 33%

Active Homes For Sale

702 homes → 468 homes — the biggest drop in our service area

▲ 17%

Pending Sales

Priced-right homes are selling quickly

▼ 6%

Completed Sales

Reflects a slower June — activity is ramping back up

$760K

Average Sales Price

Up 6% year over year

This Month's Big Winners

Top Overall Market — #1 Across All Our Counties

Elkridge — ZIP 21075

Pending sales jumped 14% — the single highest increase across every county we serve this month.

Top Luxury Market — Repeat Winner

Ellicott City — ZIP 21042

Luxury activity rose 10%, making Ellicott City the top luxury performer for the second month in a row.

Winning Edge Client Win

One of our recent Howard County homes sold with multiple offers over a single weekend — proof that the right pricing and marketing strategy still wins in today's market.

What This Means If You're Selling

Howard County inventory is at a serious low, and buyer competition for well-priced homes is fierce. If you're priced right, you're selling quickly — often with multiple offers, sometimes in a single weekend.

The catch: mispriced homes are sitting. Even in a market this tight, you can still fumble the sale by starting too high. Strategy from day one is everything.

What This Means If You're Buying

Yes, inventory is down 33%. But here's the good news for buyers: because some sellers are still overpricing, certain homes are sitting on the market — and that's where negotiation leverage lives.

The right buyer with the right agent can absolutely find opportunity in Howard County right now. It's about being strategic, prepared, and ready to move when the right home appears.

Ready to Make a Move in Howard County?

Whether you're eyeing Elkridge, Ellicott City, or anywhere else in Howard County, we're here to help you figure out your next move.

Call 410-461-2800

Grant Bim, Weston Bim & Jim Bim — Winning Edge Real Estate

Jim Bim August 06, 2026

Welcome to Winning Edge Real Estate a Family Owned and Operated Real Estate Brokerage where Winning Matters. We serve all of your real estate needs in and around the Baltimore / Washington Corridor. The Company is run by Jim Bim, Broker of Record, his son's Grant Bim and Weston Bim are Sales people within the company. Jim, Grant and Weston work to help their Sellers & Buyers accomplish their real estate goals while the Office Manager, Valerie Bim, and our Assistant, Kimberly make sure that homes go from "FOR SALE" to "SOLD" smoothly while making sure to keep you informed every step of the way. As real estate specialists we are experts in representing both home Sellers and home Buyers. We can help with general residential home / town home / condo resale, new homes, custom home construction, land sale, sub dividing acreage, as well as investment property. We are very knowledgeable of Howard County, Maryland as we have lived in the area for 40+ years. Due to our clients moving throughout the state, we also are very knowledgeable of Anne Arundel County, Carroll County, Frederick County, Baltimore County and Montgomery County. We actively work on a daily basis in areas that include: Fulton, Ellicott City, Columbia, Mount Airy, Clarksville, Woodstock, Jessup, Marriottsville, Glenelg, Glenwood, West Friendship, and everywhere in between. We also service Western Baltimore County which includes Arbutus, Halethorpe, Catonsville, Owings Mills and Reisterstown. We provide a free Maryland Real Estate search where we feature Howard County, Carroll County, Baltimore County, and Anne Arundel County real estate that will allow you to find homes, condos, townhomes, new homes, luxury homes, or even acreage, lots, or investment properties. Do you want to invest for your future, but you are not sure how to make the leap to become a real estate investor? We can help you find the right money making property, rent your property, and manage your property. If you have the desire to be a real estate investor, then we have the knowledge and know how to get you to real estate investor success. Quick Stats/Highlights: 100% of asking price (average) 63+ active listings Serving: 8 Maryland counties Hundreds of 5-star reviews