Altos Research

Rockville, MD

Single-Family Homes

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



Rockville, MD

Wed Jan 16 2019
This week the median list price for Rockville, MD is $535,000 with the market action index hovering around 46. This is less than last month's market action index of 47. Inventory has held steady at or around 85. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. 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

Wed Jan 16 2019
This week the median list price for Rockville, MD is $535,000 with the market action index hovering around 46. This is less than last month's market action index of 47. Inventory has held steady at or around 85. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. 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 $535,000
Per Square Foot $224
Days on Market 81
Price Decreased 40%
Price Increased 1%
Relisted 11%
Inventory 85
Median House Rent $2,350
Most Expensive $2,250,000
Least Expensive $225,900
Market Action Index
Strong Seller's Market
46

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$999,900 5,315 0.5 - 1 acre 5 4 24 4 1 128
$650,000 2,682 0.25 - 0.5 acre 4 3 53 1 2 85
$469,500 2,080 8,000 - 10,000 sqft 4 2 63 2 2 54
$399,450 1,672 8,000 - 10,000 sqft 4 2 65 7 4 60