Altos Market Data for Realtors

Parkville, MD

Single-Family Homes

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Parkville, MD

Tue Oct 19 2021
This week the median list price for Parkville, MD is $280,000 with the market action index hovering around 73. This is an increase over last month's market action index of 72. Inventory has decreased to 44. Click here to stay informed with the Parkville 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.

Parkville, MD

Tue Oct 19 2021
This week the median list price for Parkville, MD is $280,000 with the market action index hovering around 73. This is an increase over last month's market action index of 72. Inventory has decreased to 44. Click here to stay informed with the Parkville 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 Parkville market.
Median List Price $280,000
Median Price of New Listings $299,900
Per Square Foot $167
Average Days on Market 58
Median Days on Market 46
Price Decreased 50%
Price Increased 2%
Relisted 2%
Inventory 44
Median Rent $1,550
Market Action 73
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$393,000 2,090 0.25 - 0.5 acre 4 2 78 4 3 49
$299,900 1,764 6,500 - 8,000 sqft 3 2 65 2 5 28
$269,000 1,837 6,500 - 8,000 sqft 3 2 72 2 3 56
$244,900 1,510 6,500 - 8,000 sqft 3 2 81 1 5 84