Altos Research

Reisterstown, MD

Single-Family Homes

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



Reisterstown, MD

Tue Aug 20 2019
This week the median list price for Reisterstown, MD is $575,445 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 120. Click here to stay informed with the Reisterstown 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 Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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.

Reisterstown, MD

Tue Aug 20 2019
This week the median list price for Reisterstown, MD is $575,445 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has held steady at or around 120. Click here to stay informed with the Reisterstown 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 Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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 Reisterstown market.
Median List Price $575,445
Per Square Foot $167
Days on Market 137
Price Decreased 41%
Price Increased 3%
Relisted 18%
Inventory 120
Median House Rent $1,775
Most Expensive $3,500,000
Least Expensive $190,000
Market Action Index
Slight Seller's Advantage
32

The market appears to be 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
$911,272 5,371 1 - 2.5 acres 4 4 15 1 0 167
$649,945 3,427 1 - 2.5 acres 4 3 5 0 2 210
$475,000 3,030 1 - 2.5 acres 4 3 32 3 6 112
$304,950 1,931 0.5 - 1 acre 3 2 54 6 7 61