The Loco Real Estate Market Report

Leesburg, VA 20176

Single-Family Homes

www.LocoMusings.com



Leesburg, VA 20176

Tue May 26 2020
This week the median list price for Leesburg, VA 20176 is $926,950 with the market action index hovering around 47. This is an increase over last month's market action index of 46. Inventory has held steady at or around 60. 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

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.

Leesburg, VA 20176

Tue May 26 2020
This week the median list price for Leesburg, VA 20176 is $926,950 with the market action index hovering around 47. This is an increase over last month's market action index of 46. Inventory has held steady at or around 60. 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

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

Never miss important changes in the Leesburg market.
Median List Price $926,950
Per Square Foot $162
Days on Market 111
Price Decreased 45%
Price Increased 5%
Relisted 12%
Inventory 60
Median Rent $3,075
Most Expensive $3,224,000
Least Expensive $279,000
Market Action 47
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
$1,595,000 7,541 2.5 - 5 acres 5 5 16 1 1 209
$1,049,990 7,287 0.5 - 1 acre 5 5 16 2 1 103
$859,900 5,746 0.25 - 0.5 acre 5 4 16 3 2 45
$650,000 3,307 0.25 - 0.5 acre 4 2 20 0 4 85