The Loco Real Estate Market Report

Purcellville, VA

Single-Family Homes

www.LocoMusings.com



Purcellville, VA

Mon Jul 06 2020
This week the median list price for Purcellville, VA is $804,900 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 66. 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

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.

Purcellville, VA

Mon Jul 06 2020
This week the median list price for Purcellville, VA is $804,900 with the market action index hovering around 33. This is an increase over last month's market action index of 32. Inventory has held steady at or around 66. 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

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 Purcellville market.
Median List Price $804,900
Per Square Foot $194
Days on Market 145
Price Decreased 20%
Price Increased 21%
Relisted 6%
Inventory 66
Median Rent $2,750
Most Expensive $3,000,000
Least Expensive $224,900
Market Action 33
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
$1,437,000 6,354 10 - 20 acres 4 4 14 1 1 252
$874,596 4,483 2.5 - 5 acres 4 4 0 0 1 162
$735,000 3,819 1 - 2.5 acres 4 3 0 1 1 102
$499,500 2,380 1 - 2.5 acres 3 2 46 4 2 70