Altos Market Data for Realtors

Westminster, MD

Single-Family Homes

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Westminster, MD

Tue Mar 19 2024
This week the median list price for Westminster, MD is $599,000 with the market action index hovering around 56. This is an increase over last month's market action index of 52. Inventory has decreased to 37. Click here to stay informed with the Westminster market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Westminster, MD

Tue Mar 19 2024
This week the median list price for Westminster, MD is $599,000 with the market action index hovering around 56. This is an increase over last month's market action index of 52. Inventory has decreased to 37. Click here to stay informed with the Westminster market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Westminster market.
Median List Price $599,000
Median Price of New Listings $732,497
Per Square Foot $180
Average Days on Market 88
Median Days on Market 42
Price Decreased 27%
Price Increased 11%
Relisted 3%
Inventory 37
Median Rent
Market Action 56
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$874,900 5,308 2.5 - 5 acres 5 2.5 49 2 0 105
$660,000 3,405 0.25 - 0.5 acre 4 2.5 0 2 2 42
$450,000 2,408 1 - 2.5 acres 3 2 51 0 2 49
$299,400 2,120 0.25 - 0.5 acre 3 2 65 0 1 73