Altos Market Data for Realtors

Laurel, MD

Single-Family Homes

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Laurel, MD

Sun Nov 17 2019
This week the median list price for Laurel, MD is $458,450 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 86. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Laurel, MD

Sun Nov 17 2019
This week the median list price for Laurel, MD is $458,450 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 86. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Laurel market.
Median List Price $458,450
Per Square Foot $180
Days on Market 78
Price Decreased 55%
Price Increased 2%
Relisted 10%
Inventory 86
Median Rent $2,200
Most Expensive $899,900
Least Expensive $105,000
Market Action 47
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
$669,000 4,230 8,000 - 10,000 sqft 5 4 4 2 2 123
$549,990 3,048 8,000 - 10,000 sqft 4 3 14 3 2 75
$429,450 2,395 0.25 - 0.5 acre 4 3 50 3 2 58
$343,750 1,714 6,500 - 8,000 sqft 3 2 61 6 3 56