Altos Market Data for Realtors

Towson, MD

Single-Family Homes

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Towson, MD

Fri Jul 30 2021
This week the median list price for Towson, MD is $625,000 with the market action index hovering around 70. This is less than last month's market action index of 73. Inventory has held steady at or around 23. Click here to stay informed with the Towson market!

Market Action Index

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

Strong Seller's Market

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.

Towson, MD

Fri Jul 30 2021
This week the median list price for Towson, MD is $625,000 with the market action index hovering around 70. This is less than last month's market action index of 73. Inventory has held steady at or around 23. Click here to stay informed with the Towson market!

Market Action Index

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

Strong Seller's Market

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 Towson market.
Median List Price $625,000
Median Price of New Listings $500,000
Per Square Foot $218
Average Days on Market 41
Median Days on Market 14
Price Decreased 39%
Price Increased 0%
Relisted 13%
Inventory 23
Median Rent $1,785
Market Action 70
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift 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
$1,349,000 4,693 1 - 2.5 acres 5 5 70 0 0 49
$787,440 4,237 0.5 - 1 acre 4 4 57 2 2 10
$560,000 2,534 0.25 - 0.5 acre 4 2 60 2 2 7
$438,495 2,349 0.25 - 0.5 acre 4 2 66 5 5 0