Altos Market Data for Realtors

Brandywine, MD

Single-Family Homes

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Brandywine, MD

Tue Nov 24 2020
This week the median list price for Brandywine, MD is $462,449 with the market action index hovering around 55. This is less than last month's market action index of 57. Inventory has held steady at or around 26. Click here to stay informed with the Brandywine 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Brandywine, MD

Tue Nov 24 2020
This week the median list price for Brandywine, MD is $462,449 with the market action index hovering around 55. This is less than last month's market action index of 57. Inventory has held steady at or around 26. Click here to stay informed with the Brandywine 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 over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Brandywine market.
Median List Price $462,449
Per Square Foot $167
Days on Market 156
Price Decreased 19%
Price Increased 8%
Relisted 4%
Inventory 26
Median Rent $2,500
Most Expensive $1,200,000
Least Expensive $63,000
Market Action 55
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$692,490 4,379 5 - 10 acres 4 3 16 1 2 137
$527,500 3,429 0.5 - 1 acre 4 3 0 2 2 194
$403,750 2,204 1 - 2.5 acres 4 2 24 2 4 44
$248,950 1,680 0.5 - 1 acre 3 2 41 0 2 249