Today’s View – November 14, 2016, – Columbia Md. – Condo Rentals
By Bob Force (REALTOR®), The FORCE in Maryland Real Estate
(Weichert Realtors - Aspen Hill)
Today’s View – November 14, 2016, – Columbia Md. – Condo RentalsThis is a market report on the Condo rental market in Columbia, Md. At the time of this report (11/14/2016) there are 65 such condo units on the market FOR RENT, 8 have leases ready to be signed, and another 23 that have sold in the last 30 days. The absorption rate (Active/ Rented in 30 days) is 2.8 which is considered to be a landlords market. One BedroomThere are 3 one-bedroom condos for rent in this market area. These condos range in price from a low of $1,175 to $1,275 with the median being $1,250. The days on market for these homes ranges from 2 weeks (13 days) to 3.5 months (103 days), with the median being 2 months (60 days).There are no one-bedroom condos in this market place that have leases ready to be signed...
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