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February 12, 2012

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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Bowie, Maryland

Reported by Yolanda Muckle, REALTOR, GRI

Updated December 17, 2011.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

There was an increase in total units sold in November, with 85 sold this month in Bowie Real Estate. This month's total units sold was higher than at this time last year.
Last November, the median sale price for Bowie Homes was $269,000. This November, the median sale price was $235,000, a decrease of 13% or $34,000 compared to last year. The current median sold price is 4% lower than in October.


ZIP Codes: 20715, 20716, 20720, 20721

Approximate Location Boundaries: Bowie

Location Characteristics: Bowie real estate was originally the site of a small railroad town dating back to the 1800s. Today, it is the largest city in Prince George's County. Yet its long history is still evident in the many historic landmarks and buildings that still populate Bowie real estate. Belair Mansion, built in the 1700s and home to two former Maryland governors, is listed on the National Register of Historic Places. In addition, the Belair Stable, once the home of Triple Crown winners Omaha and Gallant Fox, now operates as a 2-acre museum attracting visitors and Bowie real estate owners alike.

With a motto of "growth, unity, and progress," it's not hard to see why Bowie real estate is flourishing. New businesses, hotels, and homes are continually being built. And since its completion in 2001, Bowie Town Center has been a major attraction. Bowie real estate is also home to seven golf courses, a minor league baseball team, a radio and television museum, and the Bowie State University. And with easy access to Washington, D.C., Annapolis, and Baltimore, as well as a low crime rate, Bowie real estate is especially popular with commuters, families, and retirees. You can learn more about the Prince George's County housing market, including timely statistics about active inventory and the median sales price of area homes, by visiting the Prince George's County Housing Market Report.

For More Information:

View Market Conditions of other areas served by Yolanda Muckle

Navigate: Top > Maryland > Bowie

About Yolanda Muckle:
As a working professional herself, Realtor® and Agent Yolanda Muckle has a special understanding of the needs of working professionals and their families. That’s why she’s the perfect professional to help you with your valuable real estate investment. Yolanda combines her exceptional business skills and strong market insight with an approach that’s always warm and family-driven to help you get the best results. If you’re thinking of buying or selling a home in Bowie, Mitchellville, Upper Marlboro or other parts of Prince George’s County, give Yolanda Muckle a call—she’s always Focused on Your Family. Call Yolanda today at 301-455-9081!


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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