Cara Pearlman

Rockville, MD

Single-Family Homes

COMPASS - Maryland, DC & VA



Rockville, MD

Mon Feb 06 2023
This week the median list price for Rockville, MD is $650,000 with the market action index hovering around 59. This is an increase over last month's market action index of 52. Inventory has decreased to 25. Click here to stay informed with the Rockville 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.

Rockville, MD

Mon Feb 06 2023
This week the median list price for Rockville, MD is $650,000 with the market action index hovering around 59. This is an increase over last month's market action index of 52. Inventory has decreased to 25. Click here to stay informed with the Rockville 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 Rockville market.
Median List Price $650,000
Median Price of New Listings $619,450
Per Square Foot $328
Average Days on Market 81
Median Days on Market 56
Price Decreased 52%
Price Increased 0%
Relisted 12%
Inventory 25
Median Rent
Market Action 59
Strong Seller's Market

The market seems to have paused around this plateau. 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
$1,150,000 3,833 0.25 - 0.5 acre 5 3.3 48 1 1 115
$859,000 2,559 0.25 - 0.5 acre 4 2.8 71 2 3 49
$620,000 1,385 6,500 - 8,000 sqft 4 2 69 0 1 70
$515,000 1,524 8,000 - 10,000 sqft 3 2 63 3 4 21