Your Maryland Real Estate Specialists
Howard County Real Estate Market Update
Get the Winning Edge with Grant, Weston, & Jim Bim
Howard County inventory is jumping, but prices aren't budging — and homes that are priced right are still selling for 100% of list price.
Compared to this time last year, far more homes are hitting the market, while pending and closed sales have slowed as buyers take more time to decide. So is it really a buyer's market? The numbers say it's more complicated than that.
Howard County By The Numbers
Year Over Year
▲ 26%
New Listings
About 80 more homes than last September
▼ 30%
Pending Sales
Fewer homes going under contract than last year
▼ 20%
Closed Sales
Down from September last year
~$625K
Average Sales Price
Holding steady even as inventory grows
This Month's Big Winners
Top Overall Market — Units
Columbia
Columbia led Howard County in September with 85 closed sales.
Top Luxury Market
Ellicott City
Ellicott City was once again the clear winner at the luxury price points, with $24 million+ in closed volume across 21 sales.
What This Means If You're Selling
Even though plenty of people say prices are dropping, the average sales price is holding right around $625K, and as long as you do everything right, the average home is still selling for 100% of list price.
With new listings up 26% and pending sales down, there's more competition for each buyer, so sellers should lean on strong pricing and presentation to stand out in high-demand areas like Columbia and Ellicott City.
What This Means If You're Buying
With about 80 more homes on the market than last September, buyers have more to choose from, and the dip in pending and closed sales suggests a little less competition per home in some pockets of the county.
Still, don't expect a price drop to hand you a bargain. Prices have held steady and well-priced homes are selling at full list price, so have your strategy ready before you find the right fit, especially in active areas like Columbia.
Ready to Make a Move in Howard County?
Whether you're buying or selling in Columbia, Ellicott City, or anywhere else in Howard County, we'll help guide you to the right steps at the right time.
Call 410-461-2800Grant Bim, Weston Bim & Jim Bim — Winning Edge Real Estate
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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