Altos Research

Rockville, MD

Single-Family Homes

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



Rockville, MD

Tue Mar 26 2019
This week the median list price for Rockville, MD is $749,000 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has held steady at or around 99. 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

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Rockville, MD

Tue Mar 26 2019
This week the median list price for Rockville, MD is $749,000 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has held steady at or around 99. 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

Strong Seller's Market

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Rockville market.
Median List Price $749,000
Per Square Foot $218
Days on Market 78
Price Decreased 18%
Price Increased 1%
Relisted 4%
Inventory 99
Median House Rent $2,200
Most Expensive $2,250,000
Least Expensive $270,000
Market Action Index
Strong Seller's Market
48

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$1,149,250 5,958 0.5 - 1 acre 5 4 21 3 1 119
$879,000 4,220 0.25 - 0.5 acre 4 3 31 5 3 63
$598,000 2,520 0.25 - 0.5 acre 4 2 53 7 2 89
$399,900 1,947 8,000 - 10,000 sqft 4 2 63 15 9 43