Altos Research

Sykesville, MD

Single-Family Homes

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



Sykesville, MD

Fri Jul 19 2019
This week the median list price for Sykesville, MD is $499,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 87. Click here to stay informed with the Sykesville 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Sykesville, MD

Fri Jul 19 2019
This week the median list price for Sykesville, MD is $499,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 87. Click here to stay informed with the Sykesville 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Sykesville market.
Median List Price $499,000
Per Square Foot $185
Days on Market 88
Price Decreased 49%
Price Increased 3%
Relisted 13%
Inventory 87
Median House Rent $975
Most Expensive $1,500,000
Least Expensive $229,900
Market Action Index
Strong Seller's Market
47

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
$799,500 5,051 1 - 2.5 acres 4 4 3 1 1 134
$587,495 3,186 1 - 2.5 acres 4 3 25 0 2 100
$397,000 2,174 0.5 - 1 acre 4 2 45 3 6 61
$325,000 1,685 0.25 - 0.5 acre 3 2 53 8 0 59