Single-Family Homes
Fri Apr 19 2024
This week the median list price for Glenelg, MD is $1,080,000 with the market action index hovering around 24. This is about the same as last month's market action index of 24. Inventory has increased to 3.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Median List Price | $1,080,000 | |
Median Price of New Listings | $0 | |
Per Square Foot | $231 | |
Average Days on Market | 100 | |
Median Days on Market | 0 | |
Price Decreased | 0% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 3 | |
Median Rent | ||
Market Action | 24 | |
Slight Buyer's Advantage |
The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.
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 |
$1,549,900 | 4,676 | 2.5 - 5 acres | 4 | 3.5 | NaN | 0 | 0 | 301 |
$1,080,000 | 4,716 | 1 - 2.5 acres | 4 | 2.5 | 11 | 0 | 0 | 0 |
$832,000 | 3,588 | 2.5 - 5 acres | 5 | 3.5 | 44 | 0 | 0 | 0 |