Altos Research

Rockville, MD

Single-Family Homes

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



Rockville, MD

Sat Sep 22 2018
This week the median list price for Rockville, MD is $619,900 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 143. Click here to stay informed with the Rockville 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

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Rockville, MD

Sat Sep 22 2018
This week the median list price for Rockville, MD is $619,900 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 143. Click here to stay informed with the Rockville 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

Slight Seller's Advantage

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Rockville market.
Median List Price $619,900
Per Square Foot $240
Days on Market 71
Price Decreased 52%
Price Increased 1%
Relisted 13%
Inventory 143
Median House Rent $2,050
Most Expensive $2,499,000
Least Expensive $299,000
Market Action Index
Slight Seller's Advantage
44

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$1,158,880 5,339 0.25 - 0.5 acre 5 4 21 4 1 117
$746,950 3,102 0.25 - 0.5 acre 4 3 44 10 2 65
$526,500 2,267 0.25 - 0.5 acre 4 2 52 8 5 55
$419,200 1,528 8,000 - 10,000 sqft 4 2 63 6 7 50