Altos Market Data for Realtors

Gaithersburg, MD

Single-Family Homes

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Gaithersburg, MD

Fri Apr 03 2020
This week the median list price for Gaithersburg, MD is $742,450 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has held steady at or around 92. 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

Fri Apr 03 2020
This week the median list price for Gaithersburg, MD is $742,450 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has held steady at or around 92. 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 $742,450
Per Square Foot $198
Days on Market 116
Price Decreased 26%
Price Increased 4%
Relisted 15%
Inventory 92
Median Rent $2,438
Most Expensive $6,375,000
Least Expensive $279,900
Market Action 51
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
$1,244,500 5,737 1 - 2.5 acres 5 4 15 1 1 278
$799,900 4,840 0.5 - 1 acre 4 3 25 2 8 79
$669,000 3,347 0.25 - 0.5 acre 4 3 33 6 3 62
$500,000 2,332 0.25 - 0.5 acre 4 2 42 14 8 45