Altos Market Data for Realtors

Charlestown, MD

Single-Family Homes

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Current active inventory in Charlestown, MD is very low. Keep this in mind when looking at this report.

Charlestown, MD

Tue Apr 23 2024
This week the median list price for Charlestown, MD is $699,000 with the market action index hovering around 31. This is less than last month's market action index of 37. Inventory has held steady at or around 3. Click here to stay informed with the Charlestown 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 off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. 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.

Charlestown, MD

Tue Apr 23 2024
This week the median list price for Charlestown, MD is $699,000 with the market action index hovering around 31. This is less than last month's market action index of 37. Inventory has held steady at or around 3. Click here to stay informed with the Charlestown 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 off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. 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 Charlestown market.
Median List Price $699,000
Median Price of New Listings $0
Per Square Foot $303
Average Days on Market 236
Median Days on Market 238
Price Decreased 33%
Price Increased 33%
Relisted 33%
Inventory 3
Median Rent
Market Action 31
Slight Seller's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for 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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$1,374,990 4,526 0.25 - 0.5 acre 4 4.5 19 0 0 238
$699,000 2,064 2.5 - 5 acres 4 2.5 0 0 0 140
$285,000 3,000 0.5 - 1 acre 6 1 219 0 0 329