Altos Market Data for Realtors

Rockville, MD

Single-Family Homes

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Rockville, MD

Sat Nov 28 2020
This week the median list price for Rockville, MD is $722,450 with the market action index hovering around 73. This is an increase over last month's market action index of 70. Inventory has held steady at or around 60. Click here to stay informed with the Rockville 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.

Rockville, MD

Sat Nov 28 2020
This week the median list price for Rockville, MD is $722,450 with the market action index hovering around 73. This is an increase over last month's market action index of 70. Inventory has held steady at or around 60. Click here to stay informed with the Rockville 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 Rockville market.
Median List Price $722,450
Per Square Foot $270
Days on Market 81
Price Decreased 37%
Price Increased 7%
Relisted 2%
Inventory 60
Median Rent $2,495
Most Expensive $2,495,000
Least Expensive $385,000
Market Action 73
Strong Seller's Market

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
$1,198,000 6,478 0.25 - 0.5 acre 5 5 22 1 1 72
$899,000 3,979 0.25 - 0.5 acre 5 3 48 3 7 197
$619,000 2,248 8,000 - 10,000 sqft 4 3 60 4 9 32
$469,000 1,600 6,500 - 8,000 sqft 4 2 67 7 11 22