The Loco Real Estate Market Report

Waterford, VA

Single-Family Homes

www.LocoMusings.com



Waterford, VA

Fri May 29 2020
This week the median list price for Waterford, VA is $899,900 with the market action index hovering around 28. This is an increase over last month's market action index of 24. Inventory has held steady at or around 16. Click here to stay informed with the Waterford market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Waterford, VA

Fri May 29 2020
This week the median list price for Waterford, VA is $899,900 with the market action index hovering around 28. This is an increase over last month's market action index of 24. Inventory has held steady at or around 16. Click here to stay informed with the Waterford market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Waterford market.
Median List Price $899,900
Per Square Foot $216
Days on Market 157
Price Decreased 44%
Price Increased 13%
Relisted 6%
Inventory 16
Median Rent $1,350
Most Expensive $1,499,000
Least Expensive $499,000
Market Action 28
Slight Buyer's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,344,500 4,603 5 - 10 acres 4 3 133 0 0 162
$989,900 4,825 2.5 - 5 acres 4 4 0 0 1 259
$840,000 4,688 2.5 - 5 acres 4 4 7 0 1 103
$682,450 4,648 2.5 - 5 acres 3 3 50 0 0 101