Altos Market Data for Realtors

Parkton, MD

Single-Family Homes

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Parkton, MD

Tue Oct 27 2020
This week the median list price for Parkton, MD is $659,900 with the market action index hovering around 63. This is less than last month's market action index of 66. Inventory has held steady at or around 7. Click here to stay informed with the Parkton market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Parkton, MD

Tue Oct 27 2020
This week the median list price for Parkton, MD is $659,900 with the market action index hovering around 63. This is less than last month's market action index of 66. Inventory has held steady at or around 7. Click here to stay informed with the Parkton market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Parkton market.
Median List Price $659,900
Per Square Foot $189
Days on Market 591
Price Decreased 14%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Most Expensive $964,000
Least Expensive $344,900
Market Action 63
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$964,000 6,200 2.5 - 5 acres 5 5 29 0 0 14
$766,400 4,117 2.5 - 5 acres 5 4 170 0 0 465
$654,950 3,055 10 - 20 acres 4 2 89 0 0 1550
$436,950 2,158 1 - 2.5 acres 3 2 50 1 0 45