Altos Research

Riverdale, MD

Single-Family Homes

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


Riverdale, MD

Sun Jun 16 2019
This week the median list price for Riverdale, MD is $395,000 with the market action index hovering around 57. This is less than last month's market action index of 60. Inventory has held steady at or around 18. Click here to stay informed with the Riverdale 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

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.

Riverdale, MD

Sun Jun 16 2019
This week the median list price for Riverdale, MD is $395,000 with the market action index hovering around 57. This is less than last month's market action index of 60. Inventory has held steady at or around 18. Click here to stay informed with the Riverdale 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

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 Riverdale market.
Median List Price $395,000
Per Square Foot $205
Days on Market 73
Price Decreased 33%
Price Increased 0%
Relisted 6%
Inventory 18
Median House Rent $1,735
Most Expensive $649,900
Least Expensive $245,000
Market Action Index
Strong Seller's Market 		57

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
$532,499 2,485 8,000 - 10,000 sqft 4 3 7 1 0 77
$434,993 2,172 0.25 - 0.5 acre 4 2 36 1 0 169
$349,000 1,208 6,500 - 8,000 sqft 4 2 61 2 0 19
$279,900 1,018 4,500 - 6,500 sqft 3 1 68 0 0 47