Altos Research

Laurel, MD

Single-Family Homes

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



Laurel, MD

Tue Mar 26 2019
This week the median list price for Laurel, MD is $399,900 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 87. Click here to stay informed with the Laurel 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

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.

Laurel, MD

Tue Mar 26 2019
This week the median list price for Laurel, MD is $399,900 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 87. Click here to stay informed with the Laurel 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

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 Laurel market.
Median List Price $399,900
Per Square Foot $189
Days on Market 97
Price Decreased 25%
Price Increased 1%
Relisted 6%
Inventory 87
Median House Rent $2,200
Most Expensive $1,289,000
Least Expensive $209,000
Market Action Index
Strong Seller's Market
46

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
$650,000 3,372 0.25 - 0.5 acre 4 3 8 2 3 125
$464,000 2,595 6,500 - 8,000 sqft 4 3 28 1 4 123
$362,500 2,052 0.25 - 0.5 acre 4 2 52 7 2 74
$309,950 1,568 6,500 - 8,000 sqft 3 2 64 5 3 69