Altos Market Data for Realtors

Greensboro, MD

Single-Family Homes

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Greensboro, MD

Fri Mar 29 2024
This week the median list price for Greensboro, MD is $239,900 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has decreased to 7. Click here to stay informed with the Greensboro market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Greensboro, MD

Fri Mar 29 2024
This week the median list price for Greensboro, MD is $239,900 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has decreased to 7. Click here to stay informed with the Greensboro market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Greensboro market.
Median List Price $239,900
Median Price of New Listings $0
Per Square Foot $187
Average Days on Market 152
Median Days on Market 91
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 43
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,955,000 1,728 0 - 4,500 sqft 2 1 154 0 0 42
$519,500 1,470 10 - 20 acres 3 2 31 0 1 63
$204,450 1,698 0.25 - 0.5 acre 3 1.8 106 0 1 63
$149,950 1,868 1 - 2.5 acres 2 1 76 0 0 385