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Laurel, MD Market Statistics and Real Estate Trends

Laurel, MD November 1, 2009 - Laurel's home resale inventories decreased, with a 7 percent decreased since October 2009. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in November. The median listing price in Laurel went up from October to November. There were a total of 4 price increases and 30 price decreases.

Laurel, MD Market Snapshots *

 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory364390 7%507 39%680 87%-
Median List Price$279,900$275,000 -2%$289,900 4%$299,900 7%-
  % Distressed 
16%17%---
Median Days
on Market
7776 -1%81 5%103 34%-
Median House Size17031760 3%---
Median Price
Per Sq. Ft.
$157$156 -1%$157$165 5%-
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory160174 9%234 46%335 109%-
Median List Price$375,000$374,900---
  % Distressed 
11%13%---
Median Days
on Market
8389 7%---
Median House Size26042800 8%---
Median Price
Per Sq. Ft.
$159$157 -1%---
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory204216 6%273 34%345 69%-
Median List Price$229,000$226,079 -1%---
  % Distressed 
19%20%---
Median Days
on Market
7369 -5%---
Median House Size15841409 -11%---
Median Price
Per Sq. Ft.
$157$155 -1%---

Laurel, MD Market Data Chart *

 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-30-11610611913011714811312684
Number of
New Listings
-8915813916813439292517147
Listings
Sold/Expired
-18-228256207236263225161158155
 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-30-515758605656525142
Number of
New Listings
-3769567358201611746
Listings
Sold/Expired
-18-10312490113131101656665
 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions---654961706192617542
Number of
New Listings
-528983957619131410101
Listings
Sold/Expired
---125132117123132124969290
* Historical data may be incomplete in some areas.

Laurel, MD Market Data Graphs

Median List Price
Inventory
Price Changes

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More Content on Movoto

Most Expensive Listing

14509 Mayfair Dr, Laurel - 2 Beds, 3 Baths, $2,250,000
Photo Unavailable
details
Low price townhouse in nice community and it will not last long.Very spacious 3 level end unit townhouse with one car garage, sunken in living room and fireplace, backs to woods very close to shops and highways. The home shows well and it is occupied so please knock on door before entering. Short sales is being handle by an attorney for smooth process. 
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Least Expensive Listing

525 Main St #305, Laurel - 1 Beds, 1 Baths, $1,125
House Image Not Available
details
Location, Location, Location is all you can say about these rental units. Located in Patuxent Place on Main Street near Resturants, shopping, river walk and minutes from the MARC Train line. The units feature loft bedroom, spacious living area, full size washer and dryer, kitchen with all the amenities and much more. Property Manager on site and can discuss available units. No Dogs Allowed. 
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Highest Square Footage

14509 Mayfair Dr, Laurel - 2 Beds, 3 Baths, $2,250,000
Photo Unavailable
details
Low price townhouse in nice community and it will not last long.Very spacious 3 level end unit townhouse with one car garage, sunken in living room and fireplace, backs to woods very close to shops and highways. The home shows well and it is occupied so please knock on door before entering. Short sales is being handle by an attorney for smooth process. 
Read More
Laurel, Maryland real estate market statistics are calculated by Movoto every day from various sources. Learn about the housing trends and current inventory in Laurel, MD. We have statistics on house characteristics such as the median, minimum, and maximum numbers of bedrooms, bathrooms, and garage parking spaces in Laurel, MD. Additionally, various price per square foot values are calculated to help you get a feel for how much house you get for the money in Laurel. Although we tried to make sure the statistics are accurate, it is sometimes hard to have them absolutely correct, so please consult your real estate agent or a Movoto-Certified Agent to confirm the statistics. You can also read about 20707 neighborhood information, 20708 neighborhood information, 20723 neighborhood information, 20724 neighborhood information and demographics, find a Laurel top rated agent, and learn about Laurel schools. Movoto is your comprehensive source for Laurel property information and Laurel homes for sale.

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Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.