The Loco Real Estate Market Report

Sterling, VA

Single-Family Homes

www.LocoMusings.com



Sterling, VA

Mon Sep 28 2020
This week the median list price for Sterling, VA is $485,000 with the market action index hovering around 80. This is an increase over last month's market action index of 79. Inventory has held steady at or around 53. Click here to stay informed with the Sterling market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Sterling, VA

Mon Sep 28 2020
This week the median list price for Sterling, VA is $485,000 with the market action index hovering around 80. This is an increase over last month's market action index of 79. Inventory has held steady at or around 53. Click here to stay informed with the Sterling market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Sterling market.
Median List Price $485,000
Per Square Foot $248
Days on Market 22
Price Decreased 21%
Price Increased 0%
Relisted 8%
Inventory 53
Median Rent $2,450
Most Expensive $999,999
Least Expensive $319,900
Market Action 80
Strong Seller's Market

Each segment below represents approximately 25% of the market ordered by price.