Altos Market Data for Realtors

Sykesville, MD

Single-Family Homes

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Sykesville, MD

Fri Apr 03 2020
This week the median list price for Sykesville, MD is $539,900 with the market action index hovering around 45. This is an increase over last month's market action index of 41. Inventory has held steady at or around 55. Click here to stay informed with the Sykesville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

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 Apr 03 2020
This week the median list price for Sykesville, MD is $539,900 with the market action index hovering around 45. This is an increase over last month's market action index of 41. Inventory has held steady at or around 55. Click here to stay informed with the Sykesville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

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 $539,900
Per Square Foot $184
Days on Market 115
Price Decreased 29%
Price Increased 9%
Relisted 9%
Inventory 55
Median Rent $1,200
Most Expensive $2,975,000
Least Expensive $245,000
Market Action 45
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$899,990 4,290 1 - 2.5 acres 4 4 2 0 1 213
$674,999 3,967 1 - 2.5 acres 4 3 25 1 1 139
$415,000 2,249 0.5 - 1 acre 4 3 38 5 7 54
$322,450 1,562 0.25 - 0.5 acre 3 2 56 5 3 60