The LoCo Real Estate Market Report

Leesburg, VA 20175

Single-Family Homes

www.LoCoMusings.com



Leesburg, VA 20175

Sun May 29 2022
This week the median list price for Leesburg, VA 20175 is $1,295,000 with the market action index hovering around 64. This is an increase over last month's market action index of 56. Inventory has increased to 19. Click here to stay informed with the Leesburg 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.

Leesburg, VA 20175

Sun May 29 2022
This week the median list price for Leesburg, VA 20175 is $1,295,000 with the market action index hovering around 64. This is an increase over last month's market action index of 56. Inventory has increased to 19. Click here to stay informed with the Leesburg 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 Leesburg market.
Median List Price $1,295,000
Median Price of New Listings $1,074,500
Per Square Foot $294
Average Days on Market 78
Median Days on Market 21
Price Decreased 47%
Price Increased 0%
Relisted 0%
Inventory 19
Median Rent
Market Action 64
Strong Seller's Market

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
$3,312,500 5,812 5 - 10 acres 5 4.5 57 1 0 98
$1,450,000 5,839 2.5 - 5 acres 5 4.5 22 1 0 21
$1,100,000 4,506 0.25 - 0.5 acre 5 4.5 50 4 2 0
$795,000 2,811 0.25 - 0.5 acre 4 3.5 51 2 2 7