Altos Market Data for Realtors

Lexington Park, MD

Single-Family Homes

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Lexington Park, MD

Fri Jul 30 2021
This week the median list price for Lexington Park, MD is $295,000 with the market action index hovering around 79. This is an increase over last month's market action index of 76. Inventory has decreased to 29. Click here to stay informed with the Lexington Park market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Lexington Park, MD

Fri Jul 30 2021
This week the median list price for Lexington Park, MD is $295,000 with the market action index hovering around 79. This is an increase over last month's market action index of 76. Inventory has decreased to 29. Click here to stay informed with the Lexington Park market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Lexington Park market.
Median List Price $295,000
Median Price of New Listings $305,000
Per Square Foot $165
Average Days on Market 83
Median Days on Market 28
Price Decreased 31%
Price Increased 7%
Relisted 0%
Inventory 29
Median Rent $1,375
Market Action 79
Strong Seller's Market

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. 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
$424,900 2,214 1 - 2.5 acres 4 2 18 0 2 133
$345,000 2,202 0.5 - 1 acre 4 2 47 3 1 14
$285,000 1,456 0.25 - 0.5 acre 3 2 47 1 2 28
$164,500 1,100 0.25 - 0.5 acre 3 1 63 0 3 35