Altos Market Data for Realtors

Gaithersburg, MD

Single-Family Homes

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Gaithersburg, MD

Tue Oct 20 2020
This week the median list price for Gaithersburg, MD is $807,245 with the market action index hovering around 76. This is an increase over last month's market action index of 72. Inventory has held steady at or around 56. Click here to stay informed with the Gaithersburg 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.

Gaithersburg, MD

Tue Oct 20 2020
This week the median list price for Gaithersburg, MD is $807,245 with the market action index hovering around 76. This is an increase over last month's market action index of 72. Inventory has held steady at or around 56. Click here to stay informed with the Gaithersburg 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 Gaithersburg market.
Median List Price $807,245
Per Square Foot $203
Days on Market 118
Price Decreased 20%
Price Increased 13%
Relisted 4%
Inventory 56
Median Rent $2,475
Most Expensive $3,200,000
Least Expensive $295,000
Market Action 76
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
$1,399,000 6,056 2.5 - 5 acres 5 4 19 1 3 254
$860,995 4,011 1 - 2.5 acres 4 3 21 4 7 110
$659,700 3,808 0.25 - 0.5 acre 4 3 31 5 11 52
$484,950 2,100 0.25 - 0.5 acre 3 2 48 5 9 55