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November 26, 2009
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Maryland > Bowie


Market Conditions Summary for Bowie, Maryland


Reported by
New Focus Realty
as of 11/24/2009:
Buyers have lots of reasons to be excited right now. Don't let the mass media scare you. Listen and watch from the people in the trenches. That is why I started my own radio show on WNAV AM 1430. You can catch my past shows and video market updates... MORE->
About New Focus Realty

Reported by

Emcee M. Arah
as of 11/19/2009:
Bowie, a city of 16 square miles and approximately 50,000 residents. It has grown from a small railroad stop to the largest municipality in Prince George's County, and the fourth most populous city and third largest city by area in the State of... MORE->
About Emcee M. Arah

Reported by

Claire Hodgkin
as of 11/16/2009:
In Prince George's County, there were 302 more home sales in October 2009 than in October 2008.The median price of homes sold in the county has decreased $50,000 from October a year ago. The average sold price in October was $219,601. The average... MORE->
About Claire Hodgkin

Reported by

Mary Ciesielski
as of 11/15/2009:
The market is becoming much more active. Bowie continues to be a city where you can "get a lot of house for the money". Sellers are pricing houses quite realistically and in many cases are offering or agreeing to pay closing help. Some houses are... MORE->
About Mary Ciesielski

Reported by

Greg Cocimano
as of 11/2/2009:
September 2009 statistics generated for Bowie have shown a mild change from September 2008 for the 20715 zip code. The average number of days on the market have increased from last year with averages ranging from 108 to 113. A mild decline in... MORE->
About Greg Cocimano

Reported by

Christopher Richardson
as of 10/20/2009:
The average price of homes sold in the Bowie, MD area was $308,939 in August 2009. In August 2008 the average price was $355,089. In August 2009 the average .Days on Market (DOM) was 126. In 2008 the average (DOM) was 131. In August... MORE->
About Christopher Richardson

Reported by

Coni Otto
as of 10/13/2009:
Average price per square foot for Bowie MD was $151, a decrease of 17.5% compared to the same period last year. The median sales price for homes in Bowie MD for Jul 09 to Sep 09 was $349,995 based on 62 home sales. Compared to the same period one... MORE->
About Coni Otto

Reported by

Leon Hasnain
as of 10/11/2009:
Prices have come back down to earth, and interest rates are hovering around 5% for a 30-year fixed mortgage and it is a great time to buy! Well maintained and well priced homes are still selling quickly. The Recovery & Reinvestment Act of... MORE->
About Leon Hasnain

Reported by

Mike Honeycutt SE HABLA ESPANOL
as of 10/3/2009:
Bowie is a comfortable residential community ideally located between Baltimore, our Nation's Capitol, & Annapolis and is situated in a convenient, suburban setting. With its cul-de-sacs, golf courses, historic sites, many trees, community activities... MORE->
About Mike Honeycutt SE HABLA ESPANOL

Reported by

Yolanda Muckle
as of 7/27/2009:
Bowie is one of the most sought after cities in Prince George's County. Whether you're looking to buy or sell a single family or a townhome, you can find it in Bowie. In June, 69 homes were sold. There are 550 active listings averaging... MORE->
About Yolanda Muckle


Average Current Market Rating: 1.8    (10 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.1    (10 ratings)




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Falling

Rising

Navigate: Top > Maryland > Bowie


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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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Mortgage Rates
30 Year Fixed: 4.83%
15 Year Fixed: 4.32%
1 Year Adj: 4.35%
(U.S. Weekly Averages)

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