Sun May 16 2021
This week the median list price for Odenton, MD is $689,490 with the market action index hovering around 33. This is an increase over last month's market action index of 31. Inventory has decreased to 52.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$689,490|
|Median Price of New Listings||$693,990|
|Per Square Foot||$273|
|Average Days on Market||175|
|Median Days on Market||175|
|Slight Seller's Advantage|
The market seems to have paused around its high point. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$900,000||1,628||0.5 - 1 acre||3||2||69||1||0||210|
|$712,990||2,970||4,500 - 6,500 sqft||4||2||0||1||0||175|
|$662,990||2,557||4,500 - 6,500 sqft||3||2||0||1||1||189|
|$620,900||1,974||6,500 - 8,000 sqft||3||2||0||0||1||175|