The Loco Real Estate Market Report

Waterford, VA

Single-Family Homes

Michael Elias www.LocoMusings.com



Waterford, VA

Thu Nov 21 2019
This week the median list price for Waterford, VA is $844,950 with the market action index hovering around 26. This is less than last month's market action index of 29. Inventory has held steady at or around 18. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Waterford, VA

Thu Nov 21 2019
This week the median list price for Waterford, VA is $844,950 with the market action index hovering around 26. This is less than last month's market action index of 29. Inventory has held steady at or around 18. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Waterford market.
Median List Price $844,950
Per Square Foot $217
Days on Market 170
Price Decreased 28%
Price Increased 17%
Relisted 11%
Inventory 18
Median Rent $1,400
Most Expensive $3,250,000
Least Expensive $549,900
Market Action 26
Slight Buyer's Advantage

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
$1,544,500 4,621 10 - 20 acres 4 4 107 0 0 155
$879,000 4,133 5 - 10 acres 4 4 20 0 0 108
$825,000 5,993 2.5 - 5 acres 4 4 11 0 0 252
$599,999 2,600 2.5 - 5 acres 4 2 13 0 0 149