Julie Stevenson

Saint Michaels, MD 21663

Single-Family Homes

Shore Living By Design



Saint Michaels, MD 21663

Sat Aug 17 2019
This week the median list price for Saint Michaels, MD 21663 is $825,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 50. Click here to stay informed with the Saint Michaels market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Saint Michaels, MD 21663

Sat Aug 17 2019
This week the median list price for Saint Michaels, MD 21663 is $825,000 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 50. Click here to stay informed with the Saint Michaels market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Saint Michaels market.
Median List Price $825,000
Per Square Foot $302
Days on Market 170
Price Decreased 20%
Price Increased 0%
Relisted 8%
Inventory 50
Median House Rent
Most Expensive $4,900,000
Least Expensive $179,000
Market Action Index
Slight Buyer's Advantage
27

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$2,247,500 4,126 5 - 10 acres 4 4 50 1 0 190
$962,500 2,933 2.5 - 5 acres 3 2 70 0 0 155
$610,000 2,390 1 - 2.5 acres 3 3 35 0 1 174
$395,000 1,936 0.25 - 0.5 acre 3 2 39 0 0 161