Altos Market Data for Realtors

Leonardtown, MD

Single-Family Homes

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Leonardtown, MD

Sun Feb 23 2020
This week the median list price for Leonardtown, MD is $409,900 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 41. Click here to stay informed with the Leonardtown market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Leonardtown, MD

Sun Feb 23 2020
This week the median list price for Leonardtown, MD is $409,900 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 41. Click here to stay informed with the Leonardtown market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Leonardtown market.
Median List Price $409,900
Per Square Foot $157
Days on Market 200
Price Decreased 24%
Price Increased 5%
Relisted 5%
Inventory 41
Median Rent $2,100
Most Expensive $924,000
Least Expensive $134,900
Market Action 34
Slight Seller's Advantage

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
$597,950 3,629 2.5 - 5 acres 4 3 16 1 0 317
$452,494 2,606 8,000 - 10,000 sqft 4 2 1 1 1 138
$386,950 2,696 0.5 - 1 acre 4 3 16 1 1 170
$305,000 1,584 0.5 - 1 acre 3 2 32 2 1 175