Altos Market Data for Realtors

Edgewater, MD

Single-Family Homes

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Edgewater, MD

Fri Apr 19 2024
This week the median list price for Edgewater, MD is $650,000 with the market action index hovering around 52. This is an increase over last month's market action index of 51. Inventory has decreased to 21. Click here to stay informed with the Edgewater market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Edgewater, MD

Fri Apr 19 2024
This week the median list price for Edgewater, MD is $650,000 with the market action index hovering around 52. This is an increase over last month's market action index of 51. Inventory has decreased to 21. Click here to stay informed with the Edgewater market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Edgewater market.
Median List Price $650,000
Median Price of New Listings $429,000
Per Square Foot $335
Average Days on Market 100
Median Days on Market 42
Price Decreased 38%
Price Increased 0%
Relisted 0%
Inventory 21
Median Rent
Market Action 52
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$1,850,000 6,012 0.5 - 1 acre 5 3.5 28 1 0 42
$749,999 2,484 0.25 - 0.5 acre 4 3 11 0 2 56
$619,999 2,146 0.25 - 0.5 acre 3 2.5 60 0 1 28
$434,500 1,367 4,500 - 6,500 sqft 3 2 70 2 1 42