The Loco Real Estate Market Report

Leesburg, VA

Single-Family Homes

www.LocoMusings.com



Leesburg, VA

Mon Sep 28 2020
This week the median list price for Leesburg, VA is $774,990 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has held steady at or around 80. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Leesburg, VA

Mon Sep 28 2020
This week the median list price for Leesburg, VA is $774,990 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has held steady at or around 80. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Leesburg market.
Median List Price $774,990
Per Square Foot $207
Days on Market 98
Price Decreased 23%
Price Increased 21%
Relisted 4%
Inventory 80
Median Rent $2,500
Most Expensive $6,900,000
Least Expensive $300,000
Market Action 61
Strong Seller's Market

Each segment below represents approximately 25% of the market ordered by price.