Altos Market Data for Realtors

Elkridge, MD

Single-Family Homes

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Elkridge, MD

Fri Apr 03 2020
This week the median list price for Elkridge, MD is $545,000 with the market action index hovering around 51. This is an increase over last month's market action index of 44. Inventory has held steady at or around 19. Click here to stay informed with the Elkridge market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Elkridge, MD

Fri Apr 03 2020
This week the median list price for Elkridge, MD is $545,000 with the market action index hovering around 51. This is an increase over last month's market action index of 44. Inventory has held steady at or around 19. Click here to stay informed with the Elkridge market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Elkridge market.
Median List Price $545,000
Per Square Foot $209
Days on Market 54
Price Decreased 16%
Price Increased 5%
Relisted 0%
Inventory 19
Median Rent $2,025
Most Expensive $889,990
Least Expensive $40,000
Market Action 51
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$735,490 2,991 0.5 - 1 acre 4 3 0 0 1 77
$600,000 3,128 0.5 - 1 acre 5 4 21 1 2 65
$439,999 2,500 0.25 - 0.5 acre 4 3 33 2 4 18
$174,900 1,323 4,500 - 6,500 sqft 3 2 33 1 1 60