Altos Research

Rockville, MD

Single-Family Homes

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



Rockville, MD

Sat Jun 23 2018
This week the median list price for Rockville, MD is $679,000 with the market action index hovering around 42. This is less than last month's market action index of 45. Inventory has held steady at or around 187. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes it’s climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Rockville, MD

Sat Jun 23 2018
This week the median list price for Rockville, MD is $679,000 with the market action index hovering around 42. This is less than last month's market action index of 45. Inventory has held steady at or around 187. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes it’s climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Rockville market.
Median List Price $679,000
Per Square Foot $232
Days on Market 67
Price Decreased 41%
Price Increased 4%
Relisted 12%
Inventory 187
Median House Rent $3,000
Most Expensive $2,479,000
Least Expensive $265,000
Market Action Index
Slight Seller's Advantage
42

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
$1,185,000 5,540 0.25 - 0.5 acre 5 4 20 1 4 117
$775,000 3,617 0.25 - 0.5 acre 4 3 34 2 1 85
$579,500 2,407 0.25 - 0.5 acre 4 3 52 6 6 38
$412,000 1,516 6,500 - 8,000 sqft 4 2 60 14 13 29