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November 22, 2008
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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 > Howard County
River Hill


Market Conditions Summary for Howard County, Maryland


Reported by

Mike Honeycutt SE HABLA ESPANOL
as of 11/21/2008:
Howard County, located between Baltimore and our Nation's Capitol makes the perfect home for folks who have come to visit the region. There are historic sites to be proud of, unique shopping venues, fine restaurants, and superb accommodations - the... MORE->
About Mike Honeycutt SE HABLA ESPANOL

Reported by

Patrick Mace
as of 11/19/2008:
You can buy a 4 BR; 2.5 BA town home for under $420,000. I love Howard County! Howard County is a region that yields excellent value & stellar schooling. I should know; I live here. The neighborhoods are full of life & you are never too far... MORE->
About Patrick Mace

Reported by

Jerry Boyer
as of 11/18/2008:
In the last 40 years Howard county has grown into the richest county in Maryland, with what is considered to be the best school system in the state. It is ideally located between Baltimore and Washington, and just west of Fort Meade/NSA, and the... MORE->
About Jerry Boyer

Reported by

Emilie Christiansen
as of 11/16/2008:
Market is slow but nice homes are still selling. Many sellers are lowering their asking price and pay thousands of dollars towards purchaser's closing cost. No more multiple contracts or escalation clauses. The interest rate is pretty low so all in... MORE->
About Emilie Christiansen

Reported by

Leon & Paula Hasnain
as of 11/15/2008:
Fall is here, the leaves are so colorful, and this continues to be a strong buyers market. The Housing-Stimulus Act, passed by Congress and signed on 7/30/08 by President Bush, provides for up to a $7,500 Tax Credit for qualifying first time... MORE->
About Leon & Paula Hasnain

Reported by

Louise SchultzSalesperson
as of 9/20/2008:
Home prices decline: Buyers spooked. Sellers worried. The lack of buyer confidence to enter the market has been the one principal reason in holding back home sales thus the large amount of inventory. Many sellers are withdrawing from the market... MORE->
About Louise SchultzSalesperson

Reported by

Umekki Curry
as of 9/15/2008:
In August 2007, condo average list prices were $309,518 and median prices wree $265,000 versus August 2008 where the average and median list prices were $295,590 and $269,500. For townhouses in August 2007, the average and median list prices were... MORE->
About Umekki Curry

Reported by

Claire Hodgkin
as of 8/11/2008:
In Howard County, there were 120 less home sales in July, 2008 than in July, 2007.The median price of homes sold in the county has decreased $7,400 from July a year ago. The average sold price in July was $445,928. The average days on market was... MORE->
About Claire Hodgkin


Average Current Market Rating: 1.6    (8 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 1.9    (8 ratings)




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Falling

Rising

Navigate: Top > Maryland > Howard County
River Hill


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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