The Loco Real Estate Market Report

Purcellville, VA

Single-Family Homes

www.LocoMusings.com



Purcellville, VA

Mon Apr 06 2020
This week the median list price for Purcellville, VA is $774,990 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 70. Click here to stay informed with the Purcellville 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.

Purcellville, VA

Mon Apr 06 2020
This week the median list price for Purcellville, VA is $774,990 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 70. Click here to stay informed with the Purcellville 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 Purcellville market.
Median List Price $774,990
Per Square Foot $191
Days on Market 117
Price Decreased 30%
Price Increased 6%
Relisted 9%
Inventory 70
Median Rent $2,075
Most Expensive $2,700,000
Least Expensive $224,900
Market Action 38
Slight Seller's Advantage

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
$998,000 4,744 10 - 20 acres 4 4 16 3 2 222
$854,900 5,424 1 - 2.5 acres 4 4 0 1 0 90
$732,400 4,292 1 - 2.5 acres 4 3 0 0 0 90
$522,000 2,494 0.5 - 1 acre 4 2 70 5 3 68