Columbia Real Estate Market Extends Downward Trend in Price Cuts

On top of an established downward trend in sellers reducing price, including 53 markdowns over the last 30 days, sales in the Columbia market fell to 97 over the same stretch of time. As the number of sellers reducing price trended lower, months of inventory still continued to fall, trending downwards for four weeks to reach two months. Despite the slip in sales from last week to this week, the low inventory indicates that Columbia is still a definite seller's market.

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

$650K   $890K   $329K  

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

Demographic facts for Columbia:

  • The population has increased 6.5% in the last 10 years.
  • The lifestyle rating for this area is 60. (Scale: 1 = Worst, 100 = Best)
  • 78.1% of the residents commute to work alone in their car, 8.8% via carpool, and 5.2% by way of public transit.

Data reported through 1/11/2017

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Keller Williams Realty Centre
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RE/MAX Town Center
Snapped 7 homes in this area
Long & Foster Real Estate, Inc.
Snapped 8 homes in this area

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