The LoCo Real Estate Market Report

Waterford, VA

Single-Family Homes

www.LoCoMusings.com



Waterford, VA

Sun May 29 2022
This week the median list price for Waterford, VA is $1,412,500 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has increased to 4. 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.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Waterford, VA

Sun May 29 2022
This week the median list price for Waterford, VA is $1,412,500 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has increased to 4. 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.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Waterford market.
Median List Price $1,412,500
Median Price of New Listings $0
Per Square Foot $275
Average Days on Market 25
Median Days on Market 18
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 48
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,750,000 1,966 N/A 3 1.5 122 0 0 21
$1,425,000 7,933 2.5 - 5 acres 5 6.5 17 0 0 49
$1,400,000 6,261 2.5 - 5 acres 6 4.5 4 0 0 14
$1,395,000 4,244 2.5 - 5 acres 4 4.5 NaN 0 0 14