Altos Market Data for Realtors

Sharpsburg, MD

Single-Family Homes

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

Sharpsburg, MD

Thu Apr 18 2024
This week the median list price for Sharpsburg, MD is $359,900 with the market action index hovering around 44. This is less than last month's market action index of 51. Inventory has held steady at or around 3. Click here to stay informed with the Sharpsburg market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Sharpsburg, MD

Thu Apr 18 2024
This week the median list price for Sharpsburg, MD is $359,900 with the market action index hovering around 44. This is less than last month's market action index of 51. Inventory has held steady at or around 3. Click here to stay informed with the Sharpsburg market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Sharpsburg market.
Median List Price $359,900
Median Price of New Listings $0
Per Square Foot $187
Average Days on Market 68
Median Days on Market 42
Price Decreased 67%
Price Increased 0%
Relisted 33%
Inventory 3
Median Rent
Market Action 44
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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$1,195,000 6,143 10 - 20 acres 5 3 206 0 0 147
$359,900 1,920 0.5 - 1 acre 3 2 49 0 0 14
$224,900 1,894 1 - 2.5 acres 2 1.5 137 0 0 42