Focus On: December 2019 Ellicott City Housing Market
[Pages:2]Focus On: Ellicott City Housing Market
Zip Code(s): 21042 and 21043
Units Sold
136
Active Inventory
102
180 160 140 120 100
80 60 40
S-19 J-20 M-20 S-20 J-21 M-21 S-21
300 250 200 150 100
50 S-19 J-20 M-20 S-20 J-21 M-21 S-21
Median Sale Price
$506,000
650,000 600,000 550,000 500,000 450,000 400,000 350,000 300,000
S-19 J-20 M-20 S-20 J-21 M-21 S-21
Down -6% Vs. Year Ago
Down -31% Vs. Year Ago
Down -3% Vs. Year Ago
September 2021
Days On Market
15
60 50 40 30 20 10
0 S-19 J-20 M-20 S-20 J-21 M-21 S-21
Down -44% Vs. Year Ago
Units Sold*
120
Sold Detached
Sold Attached
Units Sold
100
There was a decrease in total units sold in September, with 136
80
sold this month in Ellicott City versus 170 last month, a decrease
of 20%. This month's total units sold was lower than at this time
60
last year, a decrease of 6% versus September 2020.
40
20
0 300
250
200
Active Inventory 150
Versus last year, the total number of homes available this month is 100
lower by 45 units or 31%. The total number of active inventory this
September was 102 compared to 147 in September 2020. This
50
month's total of 102 is higher than the previous month's total
0
supply of available inventory of 101, an increase of 1%.
Active Inventory*
Active Detached
Active Attached
Active Condo/ Coop
600,000 400,000 200,000
0
Median Sale Price
Sep-20 $522,500
Sep-21 $506,000
Median Sale Price
Last September, the median sale price for Ellicott City Homes was $522,500. This September, the median sale price was $506,000, a decrease of 3% or $16,500 compared to last year. The current median sold price is 4% lower than in August.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
Ellicott City are defined as properties listed in zip code/s 21042 and 21043.
*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.
Focus On: Ellicott City Housing Market
Zip Code(s): 21042 and 21043
New Listings
Current Contracts
132
117
Sold Vs. List Price
102.0%
200 180 160 140 120 100
80 60 40
S-19 J-20 M-20 S-20 J-21 M-21 S-21
190 170 150 130 110
90 70 50
S-19 J-20 M-20 S-20 J-21 M-21 S-21
104.0% 102.0% 100.0%
98.0% 96.0% 94.0%
S-19 J-20 M-20 S-20 J-21 M-21 S-21
Up 6% Vs. Year Ago
Up 3% Vs. Year Ago
Up 2.2% Vs. Year Ago
September 2021
Months of Supply
0.8
3.0 2.5 2.0 1.5 1.0 0.5 0.0
S-19 J-20 M-20 S-20 J-21 M-21 S-21
Down -26% Vs. Year Ago
2.7 2.6 2.6 2.1 1.8 2.4 2.6 2.1 2.2 1.7 1.4 1.1 1.0 1.2 0.9 0.7 1.3 1.2 0.8 0.8 0.7 0.5 0.7 0.6 0.8
Months Of Supply
3.00 2.50 2.00 1.50 1.00 0.50 0.00
Months of Supply
In September, there was 0.8 months of supply available in Ellicott City, compared to 1.0 in September 2020. That is a decrease of 27% 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.
New Listings & Current Contracts
Number of New Listings
Total Pending
250
New Listings & Current Contracts 200
This month there were 132 homes newly listed for sale in Ellicott 150 City compared to 124 in September 2020, an increase of 6%.
100
There were 117 current contracts pending sale this September compared to 114 a year ago. The number of current contracts is 50
3% higher than last September.
0
104% 103% 102% 101% 100%
99% 98% 97% 96% 95%
Sale Price/ List Price & DOM
Avg Sale / Avg List
Average DOM
60
50 Sale Price to List Price Ratio
40 In September, the average sale price in Ellicott City was 102.0% 30 of the average list price, which is 2.2% higher than at this time 20 last year.
10 Days On Market
0
This month, the average number of days on market was 15, lower than the average last year, which was 27, a decrease of 44%.
Ellicott City are defined as properties listed in zip code/s 21042 and 21043.
*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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