Altos Market Data for Realtors

Laurel, MD

Single-Family Homes

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Laurel, MD

Fri Apr 03 2020
This week the median list price for Laurel, MD is $478,875 with the market action index hovering around 55. This is an increase over last month's market action index of 53. Inventory has held steady at or around 60. Click here to stay informed with the Laurel 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.

Laurel, MD

Fri Apr 03 2020
This week the median list price for Laurel, MD is $478,875 with the market action index hovering around 55. This is an increase over last month's market action index of 53. Inventory has held steady at or around 60. Click here to stay informed with the Laurel 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 Laurel market.
Median List Price $478,875
Per Square Foot $201
Days on Market 50
Price Decreased 25%
Price Increased 5%
Relisted 8%
Inventory 60
Median Rent $2,225
Most Expensive $1,289,000
Least Expensive $214,000
Market Action 55
Strong Seller's Market

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
$699,999 3,863 0.25 - 0.5 acre 4 4 13 4 0 70
$551,000 2,810 0.25 - 0.5 acre 4 3 14 3 5 46
$400,000 1,933 8,000 - 10,000 sqft 4 2 50 5 3 50
$324,999 1,200 6,500 - 8,000 sqft 3 2 57 2 3 33