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.
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
| 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 | ||
Click for more charts
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 |