Altos Market Data for Realtors

Bluemont, VA

Single-Family Homes

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Bluemont, VA

Mon Jun 24 2024
This week the median list price for Bluemont, VA is $635,000 with the market action index hovering around 56. This is an increase over last month's market action index of 45. Inventory has held steady at or around 5. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Bluemont, VA

Mon Jun 24 2024
This week the median list price for Bluemont, VA is $635,000 with the market action index hovering around 56. This is an increase over last month's market action index of 45. Inventory has held steady at or around 5. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Bluemont market.
Median List Price $635,000
Median Price of New Listings $635,000
Per Square Foot $656
Average Days on Market 48
Median Days on Market 42
Price Decreased 40%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 56
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 42
$1,699,000 3,962 10 - 20 acres 4 2.5 104 0 0 105
$635,000 1,512 1 - 2.5 acres 3 2 59 1 1 0
$474,950 723 2.5 - 5 acres 2 1 62 0 0 45