Altos Market Data for Realtors

Freeland, MD

Single-Family Homes

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Freeland, MD

Sat Nov 28 2020
This week the median list price for Freeland, MD is $438,461 with the market action index hovering around 36. This is less than last month's market action index of 46. Inventory has held steady at or around 5. Click here to stay informed with the Freeland market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Freeland, MD

Sat Nov 28 2020
This week the median list price for Freeland, MD is $438,461 with the market action index hovering around 36. This is less than last month's market action index of 46. Inventory has held steady at or around 5. Click here to stay informed with the Freeland market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Freeland market.
Median List Price $438,461
Per Square Foot $188
Days on Market 260
Price Decreased 40%
Price Increased 20%
Relisted 20%
Inventory 5
Median Rent
Most Expensive $775,990
Least Expensive $264,900
Market Action 36
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

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
$775,990 4,078 1 - 2.5 acres 4 3 0 0 0 707
$495,000 1,440 5 - 10 acres 2 2 74 0 0 63
$438,461 0 1 - 2.5 acres 5 3 NaN 0 0 427
$332,450 2,083 0.5 - 1 acre 3 2 134 0 0 52