Altos Market Data for Realtors

Chestertown, MD

Single-Family Homes

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Chestertown, MD

Tue Aug 11 2020
This week the median list price for Chestertown, MD is $337,400 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has held steady at or around 94. Click here to stay informed with the Chestertown market!

Market Action Index

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

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. While still a Buyer's market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.

Chestertown, MD

Tue Aug 11 2020
This week the median list price for Chestertown, MD is $337,400 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has held steady at or around 94. Click here to stay informed with the Chestertown market!

Market Action Index

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

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. While still a Buyer's market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.

Real-Time Market Profile

Never miss important changes in the Chestertown market.
Median List Price $337,400
Per Square Foot $172
Days on Market 199
Price Decreased 37%
Price Increased 4%
Relisted 5%
Inventory 94
Median Rent $1,050
Most Expensive $6,500,000
Least Expensive $19,500
Market Action 30
Slight Seller's Advantage

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$915,000 3,440 1 - 2.5 acres 4 3 52 1 2 292
$439,000 2,502 0.5 - 1 acre 4 2 40 2 2 203
$277,500 1,675 0.25 - 0.5 acre 3 2 47 3 1 159
$180,000 1,232 0.5 - 1 acre 3 2 57 0 2 147