Altos Market Data for Realtors

Bluemont, VA

Single-Family Homes

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Bluemont, VA

Fri Jul 26 2024
This week the median list price for Bluemont, VA is $635,000 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has increased to 7. Click here to stay informed with the Bluemont 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Bluemont, VA

Fri Jul 26 2024
This week the median list price for Bluemont, VA is $635,000 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has increased to 7. Click here to stay informed with the Bluemont 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Bluemont market.
Median List Price $635,000
Median Price of New Listings $789,500
Per Square Foot $428
Average Days on Market 54
Median Days on Market 63
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 51
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$2,995,000 4,200 10 - 20 acres 4 3.5 128 0 0 70
$1,399,500 3,317 10 - 20 acres 3 2.8 84 1 0 66
$617,450 1,212 2.5 - 5 acres 3 1.5 54 0 0 45
$414,500 1,137 8,000 - 10,000 sqft 2 1.5 59 1 0 42