Altos Research

Bowie, MD

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Bowie, MD

Tue Mar 26 2019
This week the median list price for Bowie, MD is $400,000 with the market action index hovering around 52. This is an increase over last month's market action index of 46. Inventory has held steady at or around 136. Click here to stay informed with the Bowie 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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Bowie, MD

Tue Mar 26 2019
This week the median list price for Bowie, MD is $400,000 with the market action index hovering around 52. This is an increase over last month's market action index of 46. Inventory has held steady at or around 136. Click here to stay informed with the Bowie 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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Bowie market.
Median List Price $400,000
Per Square Foot $178
Days on Market 82
Price Decreased 32%
Price Increased 3%
Relisted 4%
Inventory 136
Median House Rent $2,348
Most Expensive $1,500,000
Least Expensive $185,000
Market Action Index
Strong Seller's Market
52

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
$697,000 4,703 1 - 2.5 acres 4 4 5 8 6 146
$487,000 3,006 0.25 - 0.5 acre 4 3 23 7 9 85
$369,900 1,871 0.25 - 0.5 acre 4 2 50 11 8 48
$319,950 1,849 0.25 - 0.5 acre 4 2 53 7 9 50