Easton Real Estate Market
Tues Feb 12 2019
This week the median list price for Easton, MD 21601 is $549,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 141.
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’s Market Action Index = 30
Slight Buyer's Advantage
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the Market Action Index. If the market heats up, prices are likely to resume an upward climb.