Altos Market Data for Realtors

Laurel, MD

Single-Family Homes

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Laurel, MD

Tue Mar 19 2024
This week the median list price for Laurel, MD is $699,900 with the market action index hovering around 58. This is less than last month's market action index of 61. Inventory has increased to 31. Click here to stay informed with the Laurel market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Laurel, MD

Tue Mar 19 2024
This week the median list price for Laurel, MD is $699,900 with the market action index hovering around 58. This is less than last month's market action index of 61. Inventory has increased to 31. Click here to stay informed with the Laurel market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Laurel market.
Median List Price $699,900
Median Price of New Listings $445,000
Per Square Foot $247
Average Days on Market 51
Median Days on Market 21
Price Decreased 23%
Price Increased 6%
Relisted 3%
Inventory 31
Median Rent
Market Action 58
Strong Seller's Market

Prices are climbing and we’re nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,068,985 4,465 0.25 - 0.5 acre 4 3.5 0 1 1 28
$759,700 3,248 8,000 - 10,000 sqft 4 2.8 11 1 2 59
$644,500 2,535 8,000 - 10,000 sqft 4 2.8 41 1 2 17
$417,500 1,303 8,000 - 10,000 sqft 3 2 62 5 4 3