Residential sales prices in Columbia’s villages have fared well in the past decade even with the “great recession” of 2008 to 2009. The
greatest proportional increases in the average residential sales price for Columbia villages are associated with 2003 through 2006, while,
not surprisingly, the largest decline occurred from 2008 to 2009. In general, the percentage increase in average sales prices for the
Columbia villages were equivalent or exceeded those for Howard County for the years between 2001 and 2007 and fell less steeply
than those in the county in 2008 and 2009.
