Altos Market Data for Realtors

Savage, MD

Single-Family Homes

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

Savage, MD

Thu Jan 21 2021
This week the median list price for Savage, MD is $437,450 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 2. Click here to stay informed with the Savage market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Savage, MD

Thu Jan 21 2021
This week the median list price for Savage, MD is $437,450 with the market action index hovering around 41. This is about the same as last month's market action index of 41. Inventory has held steady at or around 2. Click here to stay informed with the Savage market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Savage market.
Median List Price $437,450
Per Square Foot $271
Days on Market 60
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent $1,699
Most Expensive $449,900
Least Expensive $425,000
Market Action 41
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$NaN NaN N/A NaN NaN NaN NaN NaN NaN
$437,450 1,606 0.25 - 0.5 acre 3 2 78 0 1 59
$449,900 1,620 0.25 - 0.5 acre 4 2 71 0 0 21
$425,000 1,592 0.25 - 0.5 acre 3 2 85 0 0 98