The Loco Real Estate Market Report

Chantilly, VA

Single-Family Homes

www.LocoMusings.com



Chantilly, VA

Thu Feb 20 2020
This week the median list price for Chantilly, VA is $637,000 with the market action index hovering around 55. This is an increase over last month's market action index of 51. Inventory has held steady at or around 16. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Chantilly, VA

Thu Feb 20 2020
This week the median list price for Chantilly, VA is $637,000 with the market action index hovering around 55. This is an increase over last month's market action index of 51. Inventory has held steady at or around 16. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Chantilly market.
Median List Price $637,000
Per Square Foot $180
Days on Market 104
Price Decreased 31%
Price Increased 19%
Relisted 13%
Inventory 16
Median Rent $2,400
Most Expensive $1,475,000
Least Expensive $45,000
Market Action 55
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change 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
$864,950 5,203 0.5 - 1 acre 5 5 15 2 2 131
$684,995 2,962 0.25 - 0.5 acre 4 3 11 2 2 122
$559,997 1,864 4,500 - 6,500 sqft 3 2 16 1 1 45
$62,450 1,540 0 - 4,500 sqft 3 2 18 0 0 117