This is a brief summary of the current market conditions in Bowie, MD and is a compilation for all zip codes. For more detailed information contact Rich Iarossi at 443-995-9595.
Closed sales in Bowie appear to be weak but really are a reflection of the lack of inventory. If there is little or no inventory to sell the total closed sales are depressed.
Median days on the market is currently reflecting a strong seller’s market. February 2022 continued that trend with just 9 days for a Bowie home to be on the market before it goes under contract.
Bowie homes are selling at, or over the list price, and have been for more than a year.