Altos Market Data for Realtors

Brandywine, MD

Single-Family Homes

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Brandywine, MD

Tue Oct 27 2020
This week the median list price for Brandywine, MD is $439,949 with the market action index hovering around 57. This is less than last month's market action index of 66. Inventory has held steady at or around 30. 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 Oct 27 2020
This week the median list price for Brandywine, MD is $439,949 with the market action index hovering around 57. This is less than last month's market action index of 66. Inventory has held steady at or around 30. 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 $439,949
Per Square Foot $150
Days on Market 125
Price Decreased 30%
Price Increased 7%
Relisted 0%
Inventory 30
Median Rent $3,175
Most Expensive $799,950
Least Expensive $63,000
Market Action 57
Strong Seller's Market

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
$699,000 4,573 5 - 10 acres 4 4 14 0 0 108
$530,000 3,923 0.25 - 0.5 acre 4 2 0 1 1 197
$381,850 2,507 1 - 2.5 acres 3 2 34 2 0 9
$198,975 1,344 0.5 - 1 acre 3 2 63 0 2 192