Altos Market Data for Realtors

Centreville, VA

Single-Family Homes

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Centreville, VA

Tue Nov 24 2020
This week the median list price for Centreville, VA is $950,400 with the market action index hovering around 79. This is less than last month's market action index of 82. Inventory has held steady at or around 18. Click here to stay informed with the Centreville market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Centreville, VA

Tue Nov 24 2020
This week the median list price for Centreville, VA is $950,400 with the market action index hovering around 79. This is less than last month's market action index of 82. Inventory has held steady at or around 18. Click here to stay informed with the Centreville market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Centreville market.
Median List Price $950,400
Per Square Foot $218
Days on Market 76
Price Decreased 33%
Price Increased 6%
Relisted 11%
Inventory 18
Median Rent $2,800
Most Expensive $3,000,000
Least Expensive $474,900
Market Action 79
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$1,774,999 5,931 5 - 10 acres 5 5 3 0 2 57
$1,099,500 6,276 2.5 - 5 acres 5 4 26 0 0 87
$805,000 3,194 0.25 - 0.5 acre 4 3 21 1 2 144
$629,900 2,488 8,000 - 10,000 sqft 4 2 28 2 2 12