Altos Market Data for Realtors

California, MD

Single-Family Homes

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California, MD

Thu Mar 28 2024
This week the median list price for California, MD is $567,000 with the market action index hovering around 59. This is less than last month's market action index of 62. Inventory has held steady at or around 4. Click here to stay informed with the California market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

California, MD

Thu Mar 28 2024
This week the median list price for California, MD is $567,000 with the market action index hovering around 59. This is less than last month's market action index of 62. Inventory has held steady at or around 4. Click here to stay informed with the California market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the California market.
Median List Price $567,000
Median Price of New Listings $0
Per Square Foot $177
Average Days on Market 89
Median Days on Market 35
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 59
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$1,010,000 5,760 10 - 20 acres 5 7 35 0 0 273
$620,000 3,450 0.25 - 0.5 acre 6 3.5 13 0 0 14
$514,000 4,400 6,500 - 8,000 sqft 4 3.5 17 0 0 28
$345,000 1,400 0.5 - 1 acre 3 2 57 0 1 42