Rosaryville Real Estate Market Hits Price Cuts Low Point

The Rosaryville market is starting to head toward a higher price point. While sales came in at 20 homes sold over the last 30 days, price reductions are at their lowest number in three months, with 20 reported this week. During the same time frame, Greater Upper Marlboro had the most of any other neighboring municipalities with 17 price reductions. Prices are falling in Rosaryville, and this period the median price of all sales fell from $324,950 to $314,950. With only two months of inventory to sell and a downward trend in price reductions numbers, Rosaryville is a definite seller's market.

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Demographic facts for Rosaryville:

  • 5.6% of the people in this area are renters.
  • The 10-year growth projection for this area is 32.6%.
  • The student per librarian ratio in this area is 904:1. (803:1 = national average)

Data reported through 1/11/2017

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RE/MAX United Real Estate
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