Altos Market Data for Realtors

Brandywine, MD

Single-Family Homes

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Brandywine, MD

Mon Mar 18 2024
This week the median list price for Brandywine, MD is $650,000 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has decreased to 28. Click here to stay informed with the Brandywine market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Brandywine, MD

Mon Mar 18 2024
This week the median list price for Brandywine, MD is $650,000 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has decreased to 28. Click here to stay informed with the Brandywine market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Brandywine market.
Median List Price $650,000
Median Price of New Listings $625,000
Per Square Foot $244
Average Days on Market 96
Median Days on Market 53
Price Decreased 29%
Price Increased 4%
Relisted 11%
Inventory 28
Median Rent
Market Action 37
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$964,990 3,234 5 - 10 acres 4 3.5 22 1 0 168
$724,900 3,474 0.25 - 0.5 acre 4 3 3 1 0 91
$645,000 3,276 0.25 - 0.5 acre 4 3 12 1 0 42
$399,000 1,421 0.5 - 1 acre 4 2.5 44 2 0 42