Blake and Ali Poore Team

Glen Allen, VA

Single-Family Homes

Long & Foster Real Estate



Glen Allen, VA

Tue Sep 28 2021
This week the median list price for Glen Allen, VA is $485,000 with the market action index hovering around 90. This is less than last month's market action index of 93. Inventory has decreased to 31. Click here to stay informed with the Glen Allen market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Glen Allen, VA

Tue Sep 28 2021
This week the median list price for Glen Allen, VA is $485,000 with the market action index hovering around 90. This is less than last month's market action index of 93. Inventory has decreased to 31. Click here to stay informed with the Glen Allen market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 Glen Allen market.
Median List Price $485,000
Median Price of New Listings $369,950
Per Square Foot $195
Average Days on Market 37
Median Days on Market 21
Price Decreased 23%
Price Increased 6%
Relisted 10%
Inventory 31
Median Rent $1,778
Market Action 90
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
$765,795 3,741 1 - 2.5 acres 5 4 13 1 4 28
$649,425 3,579 0.25 - 0.5 acre 4 3 5 1 5 35
$449,925 2,292 0.25 - 0.5 acre 3 2 14 4 7 21
$327,500 1,707 0.5 - 1 acre 3 2 39 5 9 10