Altos Market Data for Realtors

Bluemont, VA

Single-Family Homes

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Bluemont, VA

Sun Dec 10 2023
This week the median list price for Bluemont, VA is $872,500 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has decreased to 6. 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.

Slight Seller's Advantage

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. 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

Sun Dec 10 2023
This week the median list price for Bluemont, VA is $872,500 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has decreased to 6. 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.

Slight Seller's Advantage

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. 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 $872,500
Median Price of New Listings $0
Per Square Foot $308
Average Days on Market 82
Median Days on Market 91
Price Decreased 67%
Price Increased 0%
Relisted 33%
Inventory 6
Median Rent
Market Action 35
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$2,500,000 4,878 10 - 20 acres 4 4.5 23 0 0 126
$1,850,000 4,860 5 - 10 acres 6 6 118 0 0 28
$872,500 3,055 5 - 10 acres 4 3.5 53 0 0 105
$624,450 2,604 2.5 - 5 acres 3 2.5 61 0 0 63