Rockville Real Estate Market Continues Downward Trend in New Listings

The Rockville market might be slowing in the coming weeks. Sales stayed steady at three homes sold over the last 30 days, but there is an identifiable downward trend in the number of new listings, with 10 going live in the same time frame. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Pricing in Rockville remains consistent from last week to this week, with the median sales price at $160,000 again. Rockville is a definite buyer's market, thanks to a big 12 months of inventory to choose from and the flat sales.

Get started right now by checking out Rockville homes for sale or reviewing Rockville real estate trends.

Demographic facts for Rockville:

  • The average age is 33 years old for the population in this area.
  • The health cost index score in this area is 113.5. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (24.2%), 15-29 min (44.7%), 30-44 min (22.9%), 45-59 min (4.0%), >60 min (4.3%).

Data reported through 10/12/2016

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