Altos Market Data for Realtors

Mount Airy, MD

Single-Family Homes

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Mount Airy, MD

Thu Dec 08 2022
This week the median list price for Mount Airy, MD is $703,941 with the market action index hovering around 49. This is less than last month's market action index of 55. Inventory has decreased to 33. Click here to stay informed with the Mount Airy market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Mount Airy, MD

Thu Dec 08 2022
This week the median list price for Mount Airy, MD is $703,941 with the market action index hovering around 49. This is less than last month's market action index of 55. Inventory has decreased to 33. Click here to stay informed with the Mount Airy market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Mount Airy market.
Median List Price $703,941
Median Price of New Listings $569,470
Per Square Foot $241
Average Days on Market 53
Median Days on Market 42
Price Decreased 58%
Price Increased 3%
Relisted 15%
Inventory 33
Median Rent
Market Action 49
Strong Seller's Market

The market appears to be hovering around these current levels, though prices movved up a bit this week. 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
$1,161,950 4,216 2.5 - 5 acres 4 4 17 0 1 59
$847,500 3,405 2.5 - 5 acres 5 3.5 27 0 3 38
$624,900 2,354 1 - 2.5 acres 4 3 39 1 3 42
$435,000 1,748 0.5 - 1 acre 3 2 48 1 0 35