Fri Nov 22 2019
This week the median list price for Leesburg, VA 20175 is $739,990 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 61.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$739,990|
|Per Square Foot||$194|
|Days on Market||133|
|Slight Seller's Advantage|
Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$1,950,000||8,131||2.5 - 5 acres||5||6||11||0||0||209|
|$798,898||5,121||2.5 - 5 acres||4||4||7||0||4||125|
|$689,990||3,610||1 - 2.5 acres||4||2||0||1||2||133|
|$549,995||2,891||0.25 - 0.5 acre||4||2||35||2||1||67|