Bowie Real Estate Market Sees Home Sales Decline

While home sales in the Bowie market have been above average, in this week's report they fell 2.7% to 71 homes sold over the last 30 days. Within the same time frame, Odenton had 55 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Bowie, and for this period the median sales price slid from $315,000 to $300,000. Despite the slip in sales, a relatively low two months of inventory indicates that Bowie is a strong seller's market.

Trying to find a more traditional home in Bowie? Then check out these listings that were built before most others in the market:

$355K   $413K   $349K  

Get started right now by checking out Bowie homes for sale or reviewing Bowie real estate trends.

Demographic facts for Bowie:

  • The population has increased 7.9% in the last 10 years.
  • The safety rating in this area is 79. (Scale: 1 = Worst, 100 = Best)
  • People in this area have an average commute to work of 40 minutes.

Data reported through 10/13/2016

Comments:

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RE/MAX United Real Estate
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Long & Foster Real Estate, Inc.
Snapped 22 homes in this area
Mission Accomplished Realty
Snapped 1 home in this area

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