The Loco Real Estate Market Report

Leesburg, VA 20175

Single-Family Homes

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Leesburg, VA 20175

Thu Apr 02 2020
This week the median list price for Leesburg, VA 20175 is $794,990 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has held steady at or around 47. 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.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Leesburg, VA 20175

Thu Apr 02 2020
This week the median list price for Leesburg, VA 20175 is $794,990 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has held steady at or around 47. 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.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Leesburg market.
Median List Price $794,990
Per Square Foot $208
Days on Market 140
Price Decreased 15%
Price Increased 17%
Relisted 9%
Inventory 47
Median Rent $2,950
Most Expensive $5,799,999
Least Expensive $424,900
Market Action 36
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,995,000 8,131 2.5 - 5 acres 5 5 10 1 1 235
$882,495 5,434 0.25 - 0.5 acre 5 4 12 4 0 73
$741,950 3,909 0.25 - 0.5 acre 4 3 18 2 0 148
$649,900 2,892 0.25 - 0.5 acre 4 2 27 6 1 110