Altos Market Data for Realtors

Beltsville, MD

Single-Family Homes

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Beltsville, MD

Wed Oct 23 2019
This week the median list price for Beltsville, MD is $389,000 with the market action index hovering around 53. This is less than last month's market action index of 58. Inventory has held steady at or around 31. Click here to stay informed with the Beltsville 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 plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Beltsville, MD

Wed Oct 23 2019
This week the median list price for Beltsville, MD is $389,000 with the market action index hovering around 53. This is less than last month's market action index of 58. Inventory has held steady at or around 31. Click here to stay informed with the Beltsville 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 plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 Beltsville market.
Median List Price $389,000
Per Square Foot $182
Days on Market 62
Price Decreased 35%
Price Increased 3%
Relisted 6%
Inventory 31
Median House Rent $2,350
Most Expensive $649,500
Least Expensive $265,000
Market Action Index
Strong Seller's Market
53

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$499,999 3,920 0.25 - 0.5 acre 4 3 20 0 1 54
$401,125 2,200 0.25 - 0.5 acre 3 3 54 2 0 45
$369,450 2,073 8,000 - 10,000 sqft 5 2 54 3 0 88
$306,500 1,593 8,000 - 10,000 sqft 4 2 67 3 1 60