Altos Research

Gambrills, MD

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Gambrills, MD

Tue Aug 20 2019
This week the median list price for Gambrills, MD is $713,900 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 71. Click here to stay informed with the Gambrills market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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.

Gambrills, MD

Tue Aug 20 2019
This week the median list price for Gambrills, MD is $713,900 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 71. Click here to stay informed with the Gambrills market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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 Gambrills market.
Median List Price $713,900
Per Square Foot $226
Days on Market 271
Price Decreased 15%
Price Increased 1%
Relisted 13%
Inventory 71
Median House Rent $2,500
Most Expensive $1,100,000
Least Expensive $209,900
Market Action Index
Slight Seller's Advantage
33

The market appears to be 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
$893,995 4,350 1 - 2.5 acres 5 4 0 1 1 256
$727,900 3,094 1 - 2.5 acres 5 3 0 1 0 420
$695,149 3,084 0.5 - 1 acre 4 3 1 1 2 360
$370,500 1,889 0.25 - 0.5 acre 3 2 47 6 6 48