The Loco Real Estate Market Report

Leesburg, VA

Single-Family Homes

www.LocoMusings.com



Leesburg, VA

Mon Apr 06 2020
This week the median list price for Leesburg, VA is $849,900 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has held steady at or around 115. 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.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Leesburg, VA

Mon Apr 06 2020
This week the median list price for Leesburg, VA is $849,900 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has held steady at or around 115. 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.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Leesburg market.
Median List Price $849,900
Per Square Foot $181
Days on Market 108
Price Decreased 24%
Price Increased 8%
Relisted 8%
Inventory 115
Median Rent $3,500
Most Expensive $3,349,999
Least Expensive $399,900
Market Action 40
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$1,569,500 7,856 2.5 - 5 acres 5 5 17 1 2 184
$949,000 5,938 0.5 - 1 acre 5 4 16 5 8 73
$791,990 4,140 0.25 - 0.5 acre 4 3 16 4 3 113
$620,000 3,058 0.25 - 0.5 acre 4 3 27 10 6 63