Altos Market Data for Realtors

Gaithersburg, MD

Single-Family Homes

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Gaithersburg, MD

Sat Sep 26 2020
This week the median list price for Gaithersburg, MD is $708,450 with the market action index hovering around 70. This is an increase over last month's market action index of 66. Inventory has held steady at or around 84. 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

Sat Sep 26 2020
This week the median list price for Gaithersburg, MD is $708,450 with the market action index hovering around 70. This is an increase over last month's market action index of 66. Inventory has held steady at or around 84. 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 $708,450
Per Square Foot $201
Days on Market 82
Price Decreased 19%
Price Increased 8%
Relisted 6%
Inventory 84
Median Rent $2,580
Most Expensive $3,200,000
Least Expensive $279,900
Market Action 70
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
$1,298,000 5,740 5 - 10 acres 5 4 18 3 2 223
$829,990 3,912 8,000 - 10,000 sqft 4 3 20 5 4 26
$600,000 3,060 8,000 - 10,000 sqft 4 3 31 7 6 48
$395,000 1,920 4,500 - 6,500 sqft 3 2 38 9 10 30