The LoCo Real Estate Market Report

Sterling, VA 20165

Single-Family Homes

www.LoCoMusings.com



Current active inventory in Sterling, VA 20165 is very low. Keep this in mind when looking at this report.

Sterling, VA 20165

Thu Mar 28 2024
This week the median list price for Sterling, VA 20165 is $1,000,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has increased to 3. 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.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Sterling, VA 20165

Thu Mar 28 2024
This week the median list price for Sterling, VA 20165 is $1,000,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has increased to 3. 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.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Sterling market.
Median List Price $1,000,000
Median Price of New Listings $0
Per Square Foot $272
Average Days on Market 14
Median Days on Market 7
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 39
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$1,011,000 4,034 8,000 - 10,000 sqft 5 3.5 31 0 0 28
$1,000,000 2,402 2.5 - 5 acres 4 3 64 0 0 7
$837,000 3,068 0.25 - 0.5 acre 4 4 39 0 1 7