Altos Research

Crofton, MD

Single-Family Homes

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



Crofton, MD

Wed Jan 16 2019
This week the median list price for Crofton, MD is $499,500 with the market action index hovering around 40. This is less than last month's market action index of 45. Inventory has held steady at or around 21. Click here to stay informed with the Crofton 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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Crofton, MD

Wed Jan 16 2019
This week the median list price for Crofton, MD is $499,500 with the market action index hovering around 40. This is less than last month's market action index of 45. Inventory has held steady at or around 21. Click here to stay informed with the Crofton 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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 Crofton market.
Median List Price $499,500
Per Square Foot $199
Days on Market 64
Price Decreased 48%
Price Increased 0%
Relisted 10%
Inventory 21
Median House Rent $2,298
Most Expensive $599,900
Least Expensive $363,990
Market Action Index
Slight Seller's Advantage
40

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
$565,000 3,248 8,000 - 10,000 sqft 4 4 26 1 0 58
$525,000 2,508 0 - 4,500 sqft 4 4 27 2 0 61
$479,999 2,230 0.25 - 0.5 acre 4 3 51 0 1 86
$384,495 1,965 0 - 4,500 sqft 3 3 17 0 0 51