The Loco Real Estate Market Report

Round Hill, VA

Single-Family Homes

www.LocoMusings.com



Round Hill, VA

Wed Nov 25 2020
This week the median list price for Round Hill, VA is $834,438 with the market action index hovering around 62. This is less than last month's market action index of 65. Inventory has held steady at or around 9. Click here to stay informed with the Round Hill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Round Hill, VA

Wed Nov 25 2020
This week the median list price for Round Hill, VA is $834,438 with the market action index hovering around 62. This is less than last month's market action index of 65. Inventory has held steady at or around 9. Click here to stay informed with the Round Hill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Round Hill market.
Median List Price $834,438
Per Square Foot $234
Days on Market 130
Price Decreased 22%
Price Increased 11%
Relisted 11%
Inventory 9
Median Rent $1,575
Most Expensive $1,575,000
Least Expensive $509,900
Market Action 62
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
$1,362,500 4,509 5 - 10 acres 3 3 44 0 1 119
$889,900 3,230 10 - 20 acres 4 3 22 0 0 42
$817,169 3,319 5 - 10 acres 4 3 20 0 1 378
$525,000 2,500 0.25 - 0.5 acre 4 2 26 0 0 30