The Loco Real Estate Market Report

Chantilly, VA

Single-Family Homes

www.LocoMusings.com



Chantilly, VA

Fri May 29 2020
This week the median list price for Chantilly, VA is $755,000 with the market action index hovering around 63. This is less than last month's market action index of 64. Inventory has held steady at or around 32. 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

The market has started cooling and prices have recently plateaued. 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.

Chantilly, VA

Fri May 29 2020
This week the median list price for Chantilly, VA is $755,000 with the market action index hovering around 63. This is less than last month's market action index of 64. Inventory has held steady at or around 32. 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

The market has started cooling and prices have recently plateaued. 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 Chantilly market.
Median List Price $755,000
Per Square Foot $172
Days on Market 77
Price Decreased 41%
Price Increased 13%
Relisted 6%
Inventory 32
Median Rent $2,900
Most Expensive $1,395,000
Least Expensive $59,900
Market Action 63
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
$1,162,500 6,562 0.5 - 1 acre 6 6 11 3 2 119
$817,000 4,864 0.25 - 0.5 acre 4 4 18 4 2 34
$695,000 3,153 6,500 - 8,000 sqft 4 3 14 3 3 92
$305,000 1,650 6,500 - 8,000 sqft 3 2 16 0 1 63