The LoCo Real Estate Market Report

Leesburg, VA 20176

Single-Family Homes

www.LoCoMusings.com



Leesburg, VA 20176

Sun May 29 2022
This week the median list price for Leesburg, VA 20176 is $1,095,000 with the market action index hovering around 74. This is less than last month's market action index of 79. 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

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Leesburg, VA 20176

Sun May 29 2022
This week the median list price for Leesburg, VA 20176 is $1,095,000 with the market action index hovering around 74. This is less than last month's market action index of 79. 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

The market has achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Real-Time Market Profile

Never miss important changes in the Leesburg market.
Median List Price $1,095,000
Median Price of New Listings $987,450
Per Square Foot $236
Average Days on Market 20
Median Days on Market 14
Price Decreased 21%
Price Increased 5%
Relisted 0%
Inventory 19
Median Rent
Market Action 74
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
$1,997,500 5,174 10 - 20 acres 5 4.5 16 0 1 10
$1,342,990 6,462 2.5 - 5 acres 5 4.5 16 1 1 7
$980,000 4,628 0.25 - 0.5 acre 4 4.5 21 2 4 14
$630,000 2,902 0.25 - 0.5 acre 4 3.3 42 1 4 42