Single-Family Homes
Fri Jul 26 2024
This week the median list price for Leesburg, VA 20175 is $1,974,395 with the market action index hovering around 52. This is about the same as last month's market action index of 52. Inventory has held steady at or around 22.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Median List Price | $1,974,395 | |
Median Price of New Listings | $1,595,000 | |
Per Square Foot | $286 | |
Average Days on Market | 125 | |
Median Days on Market | 42 | |
Price Decreased | 23% | |
Price Increased | 5% | |
Relisted | 9% | |
Inventory | 22 | |
Median Rent | ||
Market Action | 52 | |
Strong Seller's Market |
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$3,195,000 | 5,301 | 10 - 20 acres | 5 | 5.5 | 14 | 0 | 0 | 266 |
$2,100,000 | 8,430 | 2.5 - 5 acres | 6 | 6.5 | 17 | 1 | 0 | 56 |
$1,799,950 | 6,391 | 2.5 - 5 acres | 5 | 5.5 | 11 | 1 | 1 | 17 |
$1,027,995 | 3,590 | 0.25 - 0.5 acre | 4 | 3.5 | 24 | 1 | 1 | 17 |