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Russett Home Values and Market Report

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Report prepared by MeetTheBarbosaGroup.com The Barbosa Group

Market at a glance

Over the last 12 months, homes sold for 100.4% of list price in 28 days on average.

Average price, last 12 months

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

List · $515K Sold · $512K
$550K$500K$450K$400K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 12 sales in May. Last month: 4.

Where the market stands

All homes in this report, by status.

89homes
Active16 · 18%
Under contract2 · 2%
Sold (12 mo)71 · 80%

Buyer's or seller's market?

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

2.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$451K
Under contract$450K
Sold$477K

Average days on market

Active55 days
Under contract24 days
Sold28 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 16
Average list price $451,449
Avg. days on market 55 days Based on 12 of 16 homes
Avg. price per ft² $238
Avg. living area 1,917 ft²
Avg. beds / baths 3.1 / 3.2

Price vs. living area

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

$900K$600K$300K$0

Price vs. living area: 16 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

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

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

8339 Frostwood Dr$298
8340 Green Grass Rd$287
3436 Littleleaf Pl$262
3402 Bitterwood Pl Unit B102$251
3400 Bitterwood Pl Unit A101$248
3522 Forest Haven Dr$244
8016 Pennington Dr$238

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
3522 Forest Haven DrLaurel, MD 20724 543,070$749,900$2444 days
8016 Moss Bank DrLaurel, MD 20724 433,148$735,000$233—
8625 Indian Springs RdLaurel, MD 20724 442,010$465,000$23131 days
8142 Mallard Shore DrLaurel, MD 20724 332,220$455,000$2047 days
8145 Shoal Creek DrLaurel, MD 20724 331,990$450,000$22651 days
8016 Pennington DrLaurel, MD 20724 341,890$449,900$23895 days
3020 Button Bush LnLaurel, MD 20724 332,036$449,000$220—
8339 Frostwood DrLaurel, MD 20724 341,504$449,000$29822 days
8311 Frostwood DrLaurel, MD 20724 241,954$438,000$224167 days
8609 Woodland Manor DrLaurel, MD 20724 432,236$434,900$1944 days
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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.

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