Altos Market Data for Realtors

Warwick, MD

Single-Family Homes

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

Warwick, MD

Fri Mar 29 2024
This week the median list price for Warwick, MD is $625,000 with the market action index hovering around 40. This is an increase over last month's market action index of 36. Inventory has held steady at or around 2. Click here to stay informed with the Warwick market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Warwick, MD

Fri Mar 29 2024
This week the median list price for Warwick, MD is $625,000 with the market action index hovering around 40. This is an increase over last month's market action index of 36. Inventory has held steady at or around 2. Click here to stay informed with the Warwick market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Warwick market.
Median List Price $625,000
Median Price of New Listings $985,000
Per Square Foot $190
Average Days on Market 105
Median Days on Market 105
Price Decreased 50%
Price Increased 0%
Relisted 50%
Inventory 2
Median Rent
Market Action 40
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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$985,000 4,380 10 - 20 acres 4 3.5 16 1 0 168
$265,000 1,681 0.5 - 1 acre 3 1 75 0 0 42