Altos Research

Glenwood, MD

Single-Family Homes

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



Glenwood, MD

Fri Jul 19 2019
This week the median list price for Glenwood, MD is $874,950 with the market action index hovering around 27. This is an increase over last month's market action index of 24. Inventory has held steady at or around 20. Click here to stay informed with the Glenwood 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 Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Glenwood, MD

Fri Jul 19 2019
This week the median list price for Glenwood, MD is $874,950 with the market action index hovering around 27. This is an increase over last month's market action index of 24. Inventory has held steady at or around 20. Click here to stay informed with the Glenwood 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 Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Glenwood market.
Median List Price $874,950
Per Square Foot $188
Days on Market 120
Price Decreased 70%
Price Increased 0%
Relisted 25%
Inventory 20
Median House Rent
Most Expensive $2,000,000
Least Expensive $400,000
Market Action Index
Slight Buyer's Advantage
27

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,399,999 6,126 2.5 - 5 acres 5 5 25 0 0 271
$899,900 6,296 2.5 - 5 acres 5 4 24 0 0 75
$749,900 4,080 2.5 - 5 acres 4 4 24 1 1 50
$539,900 3,337 1 - 2.5 acres 4 3 32 0 1 85