Altos Market Data for Realtors

Monrovia, MD

Single-Family Homes

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Current active inventory in Monrovia, MD is very low. Keep this in mind when looking at this report.

Monrovia, MD

Thu Mar 28 2024
This week the median list price for Monrovia, MD is $750,000 with the market action index hovering around 75. This is an increase over last month's market action index of 70. Inventory has decreased to 1. Click here to stay informed with the Monrovia 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.

Monrovia, MD

Thu Mar 28 2024
This week the median list price for Monrovia, MD is $750,000 with the market action index hovering around 75. This is an increase over last month's market action index of 70. Inventory has decreased to 1. Click here to stay informed with the Monrovia 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 Monrovia market.
Median List Price $750,000
Median Price of New Listings $0
Per Square Foot $239
Average Days on Market 49
Median Days on Market 49
Price Decreased 100%
Price Increased 0%
Relisted 0%
Inventory 1
Median Rent
Market Action 75
Strong Seller's Market

The market seems to have paused around this plateau. 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
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$750,000 3,136 6,500 - 8,000 sqft 5 2.5 4 0 1 49