Altos Market Data for Realtors

Upper Marlboro, MD

Single-Family Homes

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Upper Marlboro, MD

Fri Jul 30 2021
This week the median list price for Upper Marlboro, MD is $485,000 with the market action index hovering around 91. This is an increase over last month's market action index of 90. Inventory has increased to 58. Click here to stay informed with the Upper Marlboro market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Upper Marlboro, MD

Fri Jul 30 2021
This week the median list price for Upper Marlboro, MD is $485,000 with the market action index hovering around 91. This is an increase over last month's market action index of 90. Inventory has increased to 58. Click here to stay informed with the Upper Marlboro market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Upper Marlboro market.
Median List Price $485,000
Median Price of New Listings $450,000
Per Square Foot $197
Average Days on Market 58
Median Days on Market 14
Price Decreased 22%
Price Increased 9%
Relisted 10%
Inventory 58
Median Rent $1,795
Market Action 91
Strong Seller's Market

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
$749,995 4,962 1 - 2.5 acres 4 4 14 2 2 17
$532,500 2,911 0.25 - 0.5 acre 4 3 23 7 7 7
$450,000 2,268 0.25 - 0.5 acre 4 3 43 5 6 7
$376,999 1,616 0.25 - 0.5 acre 4 2 48 7 7 35