The LoCo Real Estate Market Report

Chantilly, VA

Single-Family Homes

www.LoCoMusings.com



Chantilly, VA

Sun May 29 2022
This week the median list price for Chantilly, VA is $912,000 with the market action index hovering around 84. This is an increase over last month's market action index of 83. Inventory has increased to 20. Click here to stay informed with the Chantilly market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Chantilly, VA

Sun May 29 2022
This week the median list price for Chantilly, VA is $912,000 with the market action index hovering around 84. This is an increase over last month's market action index of 83. Inventory has increased to 20. Click here to stay informed with the Chantilly market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Chantilly market.
Median List Price $912,000
Median Price of New Listings $899,000
Per Square Foot $281
Average Days on Market 10
Median Days on Market 7
Price Decreased 35%
Price Increased 0%
Relisted 0%
Inventory 20
Median Rent
Market Action 84
Strong Seller's Market

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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
$1,350,000 4,701 0.5 - 1 acre 5 4.5 22 2 1 7
$950,000 4,501 0.25 - 0.5 acre 5 3.5 27 2 0 7
$850,000 3,052 6,500 - 8,000 sqft 4 3.5 24 3 3 7
$579,990 1,470 0.25 - 0.5 acre 3 2 42 2 1 7