Altos Research

Monkton, MD

Single-Family Homes

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



Monkton, MD

Tue Aug 20 2019
This week the median list price for Monkton, MD is $675,000 with the market action index hovering around 26. This is less than last month's market action index of 33. Inventory has held steady at or around 23. Click here to stay informed with the Monkton 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Monkton, MD

Tue Aug 20 2019
This week the median list price for Monkton, MD is $675,000 with the market action index hovering around 26. This is less than last month's market action index of 33. Inventory has held steady at or around 23. Click here to stay informed with the Monkton 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Monkton market.
Median List Price $675,000
Per Square Foot $215
Days on Market 136
Price Decreased 52%
Price Increased 0%
Relisted 9%
Inventory 23
Median House Rent
Most Expensive $2,350,000
Least Expensive $248,500
Market Action Index
Slight Buyer's Advantage
26

The market appears to be hovering around this plateau. This week prices eased down a bit. 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
$1,299,000 5,562 10 - 20 acres 4 3 16 0 0 131
$739,450 4,089 2.5 - 5 acres 5 3 17 0 0 103
$596,950 2,825 2.5 - 5 acres 4 2 30 1 0 182
$354,450 1,790 1 - 2.5 acres 3 2 67 1 0 127