Altos Market Data for Realtors

Mechanicsville, MD

Single-Family Homes

Schedule a demo today at AltosResearch.com


Mechanicsville, MD

Fri Apr 26 2024
This week the median list price for Mechanicsville, MD is $439,999 with the market action index hovering around 67. This is less than last month's market action index of 68. Inventory has increased to 21. Click here to stay informed with the Mechanicsville market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Mechanicsville, MD

Fri Apr 26 2024
This week the median list price for Mechanicsville, MD is $439,999 with the market action index hovering around 67. This is less than last month's market action index of 68. Inventory has increased to 21. Click here to stay informed with the Mechanicsville market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Mechanicsville market.
Median List Price $439,999
Median Price of New Listings $444,750
Per Square Foot $266
Average Days on Market 41
Median Days on Market 28
Price Decreased 33%
Price Increased 5%
Relisted 5%
Inventory 21
Median Rent
Market Action 67
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$619,900 2,942 1 - 2.5 acres 4 2.5 22 3 2 70
$499,900 1,920 1 - 2.5 acres 3 2.5 34 2 2 28
$429,900 1,530 0.5 - 1 acre 3 2 32 0 1 42
$371,950 1,289 0.5 - 1 acre 3 2 41 3 2 10