The Loco Real Estate Market Report

Sterling, VA 20165

Single-Family Homes

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Sterling, VA 20165

Mon Jan 20 2020
This week the median list price for Sterling, VA 20165 is $675,000 with the market action index hovering around 56. This is an increase over last month's market action index of 55. 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

The market has started cooling and prices have been flat for several weeks. Since 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 20165

Mon Jan 20 2020
This week the median list price for Sterling, VA 20165 is $675,000 with the market action index hovering around 56. This is an increase over last month's market action index of 55. 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

The market has started cooling and prices have been flat for several weeks. Since 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 $675,000
Per Square Foot $218
Days on Market 129
Price Decreased 36%
Price Increased 0%
Relisted 0%
Inventory 11
Median Rent $2,400
Most Expensive $1,550,000
Least Expensive $598,000
Market Action 56
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,389,500 6,658 1 - 2.5 acres 5 5 21 0 0 570
$690,000 3,796 6,500 - 8,000 sqft 4 3 26 1 1 35
$665,900 2,782 8,000 - 10,000 sqft 4 3 26 0 0 32
$599,999 2,744 8,000 - 10,000 sqft 3 3 27 1 2 23