Bowie, MD, a large locality which has been hit hard in recent years is showing a nice increase in real estate sales in 2013. May, 2013 showed a Total Sold Dollar Volume of $8,993,154 in Zip Code 20715, the largest in Bowie. This was a healthy gain of 35.41% over May, 2012. The Month over Month Volume showed a gain of 41.89%...nice.
The Median Sold Price dipped slightly to $260,000 in May, 2013. Despite this slight decrease, many Bowie home owners are seeing an increase in the equity in their homes, compared to the past few years.
Average Days on the Market in the Bowie 20715 zip code was down to 35 in May, 2013. A reduction of 50% since April, 2013, and very good news for home sellers.
97.88% was the May, 2013 figure for Average Sold to Original List Price Ration in Bowie, 20715. That is an exceptionally high number and indicative of a strong sellers market.
Richard Iarossi is a full time licensed REALTOR®, working in Crofton, MD. My coverage areas are: Anne Arundel, Prince George’s, Howard, Calvert, Queen Anne, and Baltimore City and County. I specialize in residential real estate, working with both buyers and sellers. Use the registration free search on my website at www.RichSellsHomes.com. If you’re not already working with a REALTOR®...I can help. Call me at 443-995-9595 (Cell) or 410-451-6255 (Office).
SKYPE ME: RichSellsHomes