The LoCo Real Estate Market Report
Chantilly, VA 20151
Single-Family Homes
www.LoCoMusings.com
Chantilly, VA 20151
Fri Apr 19 2024
This week the median list price for Chantilly, VA 20151 is $392,000 with the market action index hovering around 69. This is less than last month's market action index of 70. Inventory has increased to 3.
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
| Median List Price | $392,000 | |
| Median Price of New Listings | $995,000 | |
| Per Square Foot | $368 | |
| Average Days on Market | 19 | |
| Median Days on Market | 21 | |
| Price Decreased | 0% | |
| Price Increased | 33% | |
| Relisted | 33% | |
| Inventory | 3 | |
| Median Rent | ||
| Market Action | 69 | |
| Strong Seller's Market | ||
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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 |
|---|---|---|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| $995,000 | 2,948 | 8,000 - 10,000 sqft | 6 | 3.5 | 38 | 1 | 0 | 0 |
| $392,000 | 1,059 | - | 2 | 2 | 19 | 0 | 0 | 21 |
| $389,900 | 1,059 | - | 2 | 2 | 19 | 0 | 1 | 35 |