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.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$337,400|
|Per Square Foot||$172|
|Days on Market||199|
|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.
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|