Altos Research

Greenbelt, MD

Single-Family Homes

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



Greenbelt, MD

Fri Jul 19 2019
This week the median list price for Greenbelt, MD is $424,000 with the market action index hovering around 65. This is an increase over last month's market action index of 64. Inventory has held steady at or around 4. Click here to stay informed with the Greenbelt 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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Greenbelt, MD

Fri Jul 19 2019
This week the median list price for Greenbelt, MD is $424,000 with the market action index hovering around 65. This is an increase over last month's market action index of 64. Inventory has held steady at or around 4. Click here to stay informed with the Greenbelt 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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Greenbelt market.
Median List Price $424,000
Per Square Foot $155
Days on Market 17
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 4
Median House Rent $1,295
Most Expensive $464,900
Least Expensive $385,000
Market Action Index
Strong Seller's Market
65

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
$464,900 3,340 6,500 - 8,000 sqft 5 3 31 0 0 21
$445,000 2,934 8,000 - 10,000 sqft 4 3 28 0 0 21
$403,000 2,512 6,500 - 8,000 sqft 4 3 20 0 1 14
$385,000 2,400 8,000 - 10,000 sqft 4 2 54 0 1 14