Altos Market Data for Realtors

Chester, MD

Single-Family Homes

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Chester, MD

Fri Mar 29 2024
This week the median list price for Chester, MD is $686,900 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has decreased to 16. Click here to stay informed with the Chester market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Chester, MD

Fri Mar 29 2024
This week the median list price for Chester, MD is $686,900 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has decreased to 16. Click here to stay informed with the Chester market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Chester market.
Median List Price $686,900
Median Price of New Listings $669,900
Per Square Foot $304
Average Days on Market 51
Median Days on Market 39
Price Decreased 56%
Price Increased 0%
Relisted 0%
Inventory 16
Median Rent
Market Action 39
Slight Seller's Advantage

The market is 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
$1,044,500 4,498 1 - 2.5 acres 3 3.8 24 0 0 21
$772,450 2,883 8,000 - 10,000 sqft 2 3 4 0 1 91
$662,400 1,996 6,500 - 8,000 sqft 2 2 1 3 1 0
$559,950 1,588 6,500 - 8,000 sqft 2 2.3 7 0 1 52