Market report, updated

Market Report

Search in the subdivision of The Tiers Of Laurel Lake

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

Market at a glance

Over the last 6 months, homes sold for 102.8% of list price in 8 days on average.

Average price, last 12 months

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

List · $180K Sold · $185K
$290K$250K$210K$170K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 2 sales in Mar. Last month: 0.

Where the market stands

All homes in this report, by status.

8homes
Active3 · 38%
Under contract4 · 50%
Sold (6 mo)1 · 12%

Buyer's or seller's market?

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

18.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$194K
Under contract$211K
Sold$185K

Average days on market

Active44 days
Under contract79 days
Sold8 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 3
Average list price $193,800
Avg. days on market 44 days
Avg. price per ft² $257
Avg. living area 755 ft²
Avg. beds / baths 1.3 / 1.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$300K$200K$100K$0

Price vs. living area: 3 homes plotted, up to $300K and 900 ft².

0 ft²300600900 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 3 homes in this status.

14011 Justin Way Unit 21-A$307
14007 Justin Way Unit 6-A$240
14111 William St Unit 17-F$224

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
14111 William St Unit 17-FLaurel, MD 20707 11712$159,900$22432 days
14007 Justin Way Unit 6-ALaurel, MD 20707 11851$205,000$24050 days
14011 Justin Way Unit 21-ALaurel, MD 20707 21703$216,500$30749 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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