Altos Market Data for Realtors

Centreville, MD

Single-Family Homes

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Centreville, MD

Tue Aug 11 2020
This week the median list price for Centreville, MD is $398,500 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has held steady at or around 43. Click here to stay informed with the Centreville market!

Market Action Index

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

Slight Seller's Advantage

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.

Centreville, MD

Tue Aug 11 2020
This week the median list price for Centreville, MD is $398,500 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has held steady at or around 43. Click here to stay informed with the Centreville market!

Market Action Index

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

Slight Seller's Advantage

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 Centreville market.
Median List Price $398,500
Per Square Foot $152
Days on Market 146
Price Decreased 42%
Price Increased 2%
Relisted 9%
Inventory 43
Median Rent $1,200
Most Expensive $2,499,900
Least Expensive $162,000
Market Action 41
Slight Seller's Advantage

The market appears to be 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
$632,500 2,749 1 - 2.5 acres 4 2 32 0 0 147
$426,000 2,584 0.5 - 1 acre 4 2 14 0 1 208
$373,000 2,510 8,000 - 10,000 sqft 3 2 13 1 2 149
$275,000 1,976 0.25 - 0.5 acre 3 2 114 1 2 80