Altos Research

Burtonsville, MD

Single-Family Homes

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



Burtonsville, MD

Fri Jul 19 2019
This week the median list price for Burtonsville, MD is $611,950 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has held steady at or around 16. Click here to stay informed with the Burtonsville 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Burtonsville, MD

Fri Jul 19 2019
This week the median list price for Burtonsville, MD is $611,950 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has held steady at or around 16. Click here to stay informed with the Burtonsville 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Burtonsville market.
Median List Price $611,950
Per Square Foot $168
Days on Market 50
Price Decreased 31%
Price Increased 0%
Relisted 6%
Inventory 16
Median House Rent $950
Most Expensive $1,349,900
Least Expensive $319,900
Market Action Index
Strong Seller's Market
54

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
$742,450 5,038 1 - 2.5 acres 4 4 13 0 0 73
$637,490 3,913 0.25 - 0.5 acre 4 3 12 1 3 77
$547,495 3,297 8,000 - 10,000 sqft 4 3 32 1 1 45
$383,700 1,530 4,500 - 6,500 sqft 3 3 38 0 3 7