Altos Research

Sharpsburg, MD

Single-Family Homes

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



Sharpsburg, MD

Sun Oct 21 2018
This week the median list price for Sharpsburg, MD is $244,700 with the market action index hovering around 38. This is an increase over last month's market action index of 35. Inventory has held steady at or around 14. Click here to stay informed with the Sharpsburg 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Sharpsburg, MD

Sun Oct 21 2018
This week the median list price for Sharpsburg, MD is $244,700 with the market action index hovering around 38. This is an increase over last month's market action index of 35. Inventory has held steady at or around 14. Click here to stay informed with the Sharpsburg 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Sharpsburg market.
Median List Price $244,700
Per Square Foot $100
Days on Market 109
Price Decreased 36%
Price Increased 0%
Relisted 7%
Inventory 14
Median House Rent $1,798
Most Expensive $899,000
Least Expensive $22,900
Market Action Index
Slight Seller's Advantage
38

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$625,000 6,799 2.5 - 5 acres 4 3 25 0 0 70
$309,250 2,220 1 - 2.5 acres 3 2 0 0 1 189
$219,700 2,027 0.25 - 0.5 acre 2 2 61 1 0 17
$47,400 1,428 1 - 2.5 acres 3 1 78 0 0 171