The Loco Real Estate Market Report
Leesburg, VA 20176
Single-Family Homes
www.LocoMusings.com
Leesburg, VA 20176
Fri Jul 10 2020
This week the median list price for Leesburg, VA 20176 is $959,950 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 40.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $959,950 | |
| Per Square Foot | $191 | |
| Days on Market | 138 | |
| Price Decreased | 45% | |
| Price Increased | 0% | |
| Relisted | 10% | |
| Inventory | 40 | |
| Median Rent | $3,500 | |
| Most Expensive | $3,000,000 | |
| Least Expensive | $400,000 | |
| Market Action | 52 | |
| Strong Seller's Market | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $1,699,000 | 6,919 | 0.5 - 1 acre | 5 | 5 | 15 | 0 | 0 | 268 |
| $1,169,450 | 6,870 | 0.5 - 1 acre | 5 | 5 | 15 | 2 | 2 | 81 |
| $867,449 | 5,721 | 0.5 - 1 acre | 5 | 4 | 17 | 1 | 2 | 89 |
| $564,949 | 3,319 | 0.25 - 0.5 acre | 4 | 3 | 15 | 2 | 3 | 110 |