The Loco Real Estate Market Report

Sterling, VA 20165

Single-Family Homes

Michael Elias www.LocoMusings.com



Sterling, VA 20165

Thu Nov 21 2019
This week the median list price for Sterling, VA 20165 is $767,000 with the market action index hovering around 57. This is an increase over last month's market action index of 50. Inventory has held steady at or around 10. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Sterling, VA 20165

Thu Nov 21 2019
This week the median list price for Sterling, VA 20165 is $767,000 with the market action index hovering around 57. This is an increase over last month's market action index of 50. Inventory has held steady at or around 10. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Sterling market.
Median List Price $767,000
Per Square Foot $176
Days on Market 140
Price Decreased 40%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent $2,400
Most Expensive $1,550,000
Least Expensive $433,800
Market Action 57
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
$1,389,500 6,658 1 - 2.5 acres 5 5 20 0 0 507
$909,000 3,256 1 - 2.5 acres 3 3 41 0 1 24
$745,000 4,390 0.25 - 0.5 acre 5 4 27 1 1 28
$570,000 3,538 8,000 - 10,000 sqft 4 3 21 1 1 84