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Rockville Home Values and Market Report

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Mcmahanhomes.com
Report prepared by Mcmahanhomes.com Real Broker, LLC

Market at a glance

Over the last 12 months, homes sold for 99.8% of list price in 31 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $674K Sold · $666K
$760K$710K$660K$610K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 158 sales in Jun. Last month: 95.

Where the market stands

All homes in this report, by status.

1,785homes
Active328 · 18%
Under contract92 · 5%
Sold (12 mo)1,365 · 76%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$636K
Under contract$689K
Sold$679K

Average days on market

Active46 days
Under contract67 days
Sold31 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 328
Average list price $635,959
Avg. days on market 46 days
Avg. price per ft² $321
Avg. living area 1,975 ft²
Avg. beds / baths 2.9 / 2.7

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

14 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 232 homes plotted, up to $1.5M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

13 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

34 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

930 Rose Ave Unit 1603$612
930 Rose Ave Unit 2002$596
14208 Marian Dr$577
3505 Bellflower Ln Unit 408$572
110 Calvert Rd$540
5802 Nicholson Ln Unit 1203$534
12900 Circle Dr$501

All active listings (328)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
10809 Hampton Mill Ter Unit 511Rockville, MD 20852 221,037$345,000$3321 day
13520 Turkey Branch PkwyRockville, MD 20853 421,640$489,000$298—
16120 Connors Way Unit 92Rockville, MD 20855 333,159$669,900$212—
11309 Commonwealth Dr Unit 11309Rockville, MD 20852 211,156$415,000$3582 days
11903 Hitching Post LnRockville, MD 20852 543,846$1,050,000$273—
127 Talbott St Unit 127Rockville, MD 20852 11697$197,000$2822 days
38 Maryland Ave Unit 224Rockville, MD 20850 221,163$419,000$3601 day
5809 Nicholson Ln Unit 1505Rockville, MD 20852 231,259$569,900$4521 day
8135 Inverness Ridge RdRockville, MD 20854 341,865$649,875$3483 days
710 Douglass AveRockville, MD 20850 532,263$679,000$3003 days
Mcmahanhomes.com

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Mcmahanhomes.com Real Broker, LLC

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