Altos Market Data for Realtors

Rockville, MD

Single-Family Homes

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Rockville, MD

Fri Apr 03 2020
This week the median list price for Rockville, MD is $725,000 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has held steady at or around 79. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Rockville, MD

Fri Apr 03 2020
This week the median list price for Rockville, MD is $725,000 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has held steady at or around 79. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Rockville market.
Median List Price $725,000
Per Square Foot $231
Days on Market 87
Price Decreased 27%
Price Increased 3%
Relisted 6%
Inventory 79
Median Rent $2,650
Most Expensive $2,350,000
Least Expensive $349,000
Market Action 57
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$1,298,000 6,282 0.5 - 1 acre 5 4 22 1 2 113
$880,000 4,261 0.25 - 0.5 acre 5 3 43 0 5 100
$587,000 2,329 0.25 - 0.5 acre 4 2 53 9 5 77
$438,950 1,803 8,000 - 10,000 sqft 4 2 66 6 8 57