Altos Market Data for Realtors

Gaithersburg, MD

Single-Family Homes

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Gaithersburg, MD

Sun Nov 17 2019
This week the median list price for Gaithersburg, MD is $679,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 169. 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.

Slight Seller'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 MAI. If the market heats up, prices are likely to resume an upward climb.

Gaithersburg, MD

Sun Nov 17 2019
This week the median list price for Gaithersburg, MD is $679,000 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 169. 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.

Slight Seller'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 MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Gaithersburg market.
Median List Price $679,000
Per Square Foot $183
Days on Market 122
Price Decreased 56%
Price Increased 2%
Relisted 15%
Inventory 169
Median Rent $2,423
Most Expensive $8,000,000
Least Expensive $324,999
Market Action 37
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,084,900 5,392 1 - 2.5 acres 5 4 17 2 5 176
$799,000 4,943 1 - 2.5 acres 4 3 25 1 6 127
$602,000 3,297 0.25 - 0.5 acre 4 3 32 5 5 92
$459,000 2,424 0.25 - 0.5 acre 4 2 39 5 13 93