The LoCo Real Estate Market Report

Sterling, VA

Single-Family Homes

www.LoCoMusings.com



Sterling, VA

Fri May 09 2025
This week the median list price for Sterling, VA is $749,900 with the market action index hovering around 75. This is less than last month's market action index of 78. Inventory has increased to 31. 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

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Sterling, VA

Fri May 09 2025
This week the median list price for Sterling, VA is $749,900 with the market action index hovering around 75. This is less than last month's market action index of 78. Inventory has increased to 31. 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

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Sterling market.
Median List Price $749,900
Median Price of New Listings $699,950
Per Square Foot $305
Average Days on Market 28
Median Days on Market 21
Price Decreased 29%
Price Increased 0%
Relisted 3%
Inventory 31
Median Rent
Market Action 75
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,250,000 4,381 0.25 - 0.5 acre 5 4.5 25 1 0 28
$900,000 3,235 8,000 - 10,000 sqft 4 3.5 31 2 1 10
$719,495 2,084 0.25 - 0.5 acre 4 2.8 53 1 2 10
$609,950 1,976 8,000 - 10,000 sqft 4 2 53 4 2 28