The Loco Real Estate Market Report

Leesburg, VA

Single-Family Homes

www.LocoMusings.com



Leesburg, VA

Tue Jul 14 2020
This week the median list price for Leesburg, VA is $818,550 with the market action index hovering around 49. This is about the same as last month's market action index of 49. Inventory has held steady at or around 86. Click here to stay informed with the Leesburg 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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Leesburg, VA

Tue Jul 14 2020
This week the median list price for Leesburg, VA is $818,550 with the market action index hovering around 49. This is about the same as last month's market action index of 49. Inventory has held steady at or around 86. Click here to stay informed with the Leesburg 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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Leesburg market.
Median List Price $818,550
Per Square Foot $209
Days on Market 106
Price Decreased 27%
Price Increased 14%
Relisted 7%
Inventory 86
Median Rent $2,700
Most Expensive $3,000,000
Least Expensive $359,900
Market Action 49
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
$1,699,000 6,922 2.5 - 5 acres 6 5 15 2 3 192
$950,000 6,197 0.25 - 0.5 acre 5 4 19 4 2 92
$754,950 3,561 6,500 - 8,000 sqft 4 3 0 1 5 79
$537,499 2,503 6,500 - 8,000 sqft 3 2 27 12 4 64