The Loco Real Estate Market Report

Sterling, VA 20165

Single-Family Homes

www.LocoMusings.com



Sterling, VA 20165

Mon Apr 06 2020
This week the median list price for Sterling, VA 20165 is $859,900 with the market action index hovering around 66. This is an increase over last month's market action index of 62. Inventory has held steady at or around 11. 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

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.

Sterling, VA 20165

Mon Apr 06 2020
This week the median list price for Sterling, VA 20165 is $859,900 with the market action index hovering around 66. This is an increase over last month's market action index of 62. Inventory has held steady at or around 11. 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

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 Sterling market.
Median List Price $859,900
Per Square Foot $180
Days on Market 75
Price Decreased 18%
Price Increased 0%
Relisted 0%
Inventory 11
Median Rent $2,400
Most Expensive $1,229,000
Least Expensive $649,900
Market Action 66
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,084,000 6,487 0.5 - 1 acre 4 4 22 1 0 262
$935,000 5,185 0.25 - 0.5 acre 4 3 23 0 1 18
$725,000 4,284 8,000 - 10,000 sqft 4 3 21 0 2 28
$649,999 3,360 6,500 - 8,000 sqft 4 3 27 1 2 53