Altos Market Data for Realtors

Germantown, MD

Single-Family Homes

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Germantown, MD

Tue Mar 19 2024
This week the median list price for Germantown, MD is $704,750 with the market action index hovering around 74. This is an increase over last month's market action index of 61. Inventory has increased to 12. Click here to stay informed with the Germantown market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Germantown, MD

Tue Mar 19 2024
This week the median list price for Germantown, MD is $704,750 with the market action index hovering around 74. This is an increase over last month's market action index of 61. Inventory has increased to 12. Click here to stay informed with the Germantown market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Germantown market.
Median List Price $704,750
Median Price of New Listings $535,000
Per Square Foot $266
Average Days on Market 29
Median Days on Market 4
Price Decreased 17%
Price Increased 17%
Relisted 8%
Inventory 12
Median Rent
Market Action 74
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift 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
$1,127,000 4,361 0.25 - 0.5 acre 6 5 24 1 1 14
$749,000 3,384 8,000 - 10,000 sqft 4 3.5 23 2 1 0
$650,000 1,949 0.5 - 1 acre 4 2.5 58 1 0 7
$299,900 1,196 8,000 - 10,000 sqft 2 2 41 3 3 0