Altos Market Data for Realtors

Sherwood, MD

Single-Family Homes

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

Sherwood, MD

Thu Mar 28 2024
This week the median list price for Sherwood, MD is $699,000 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has held steady at or around 3. Click here to stay informed with the Sherwood market!

Market Action Index

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

Slight Buyer's Advantage

In a Buyer’s market, the relative stasis in inventory and sales conditions has allowed prices to drift lower recently. Expect that consistent up trends in demand will be required before price trends change significantly.

Sherwood, MD

Thu Mar 28 2024
This week the median list price for Sherwood, MD is $699,000 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has held steady at or around 3. Click here to stay informed with the Sherwood market!

Market Action Index

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

Slight Buyer's Advantage

In a Buyer’s market, the relative stasis in inventory and sales conditions has allowed prices to drift lower recently. Expect that consistent up trends in demand will be required before price trends change significantly.

Real-Time Market Profile

Never miss important changes in the Sherwood market.
Median List Price $699,000
Median Price of New Listings $0
Per Square Foot $312
Average Days on Market 96
Median Days on Market 84
Price Decreased 67%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 18
Slight Buyer's Advantage

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
$3,095,000 3,847 2.5 - 5 acres 3 3.5 1 0 0 84
$699,000 2,240 1 - 2.5 acres 3 2.5 19 0 0 161
$450,000 1,568 1 - 2.5 acres 3 2 32 0 0 42