Redfin’s annual list of hottest housing markets ranks Bowie, Maryland, No. 10, and the Prince George’s County community earns the top 10 spot for several reasons.
Bowie has two things in common with all the communities on Redfin’s hottest markets list.
“In general, the most appealing neighborhoods are those that offer both access to cities and some of that small town suburban charm,” said Daryl Fairweather, chief economist at Redfin.
Bowie, with a population of about 57,000, has seen a surge in popularity, with a 31% increase in home sales and a 140% jump in median views per listing in the past year. It has seen strong demand, particularly for properties with new development and more affordable pricing compared to D.C.
Homes in Bowie are selling quickly, often with multiple offers, according to Redfin. The median price of a home sale in Bowie in February was $495,000, according to listing service Bright MLS.
Click here to read the rest of the article written by Jeff Clabaugh over at WTOP
