Altos Market Data for Realtors

Sharpsburg, MD

Single-Family Homes

Schedule a demo today at AltosResearch.com



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

Sharpsburg, MD

Tue Mar 19 2024
This week the median list price for Sharpsburg, MD is $311,000 with the market action index hovering around 51. This is less than last month's market action index of 61. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Sharpsburg, MD

Tue Mar 19 2024
This week the median list price for Sharpsburg, MD is $311,000 with the market action index hovering around 51. This is less than last month's market action index of 61. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Sharpsburg market.
Median List Price $311,000
Median Price of New Listings $0
Per Square Foot $156
Average Days on Market 44
Median Days on Market 14
Price Decreased 67%
Price Increased 0%
Relisted 33%
Inventory 3
Median Rent
Market Action 51
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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$1,295,000 6,143 10 - 20 acres 5 3 206 0 0 119
$311,000 1,989 0.25 - 0.5 acre 3 2 33 0 0 0
$239,000 1,894 1 - 2.5 acres 2 1.5 137 0 1 14