Altos Market Data for Realtors

Bluemont, VA

Single-Family Homes

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Bluemont, VA

Thu Nov 21 2019
This week the median list price for Bluemont, VA is $825,000 with the market action index hovering around 33. This is less than last month's market action index of 36. Inventory has held steady at or around 21. 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 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.

Bluemont, VA

Thu Nov 21 2019
This week the median list price for Bluemont, VA is $825,000 with the market action index hovering around 33. This is less than last month's market action index of 36. Inventory has held steady at or around 21. 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 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 Bluemont market.
Median List Price $825,000
Per Square Foot $249
Days on Market 125
Price Decreased 29%
Price Increased 0%
Relisted 0%
Inventory 21
Median Rent
Most Expensive $5,700,000
Least Expensive $199,999
Market Action 33
Slight Seller's Advantage

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,399,000 9,338 N/A 5 5 67 0 0 204
$1,199,000 3,587 N/A 3 4 64 0 0 128
$729,000 4,062 5 - 10 acres 4 3 22 0 1 126
$329,400 2,228 1 - 2.5 acres 3 2 37 0 1 53