The Loco Real Estate Market Report
Round Hill, VA
Single-Family Homes
www.LocoMusings.com
Round Hill, VA
Mon Apr 06 2020
This week the median list price for Round Hill, VA is $772,400 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has held steady at or around 24.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $772,400 | |
| Per Square Foot | $200 | |
| Days on Market | 171 | |
| Price Decreased | 13% | |
| Price Increased | 21% | |
| Relisted | 8% | |
| Inventory | 24 | |
| Median Rent | $2,900 | |
| Most Expensive | $1,799,000 | |
| Least Expensive | $440,000 | |
| Market Action | 43 | |
| Slight Seller's Advantage | ||
Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,017,445 | 4,612 | 5 - 10 acres | 4 | 4 | 28 | 0 | 0 | 212 |
| $799,900 | 4,311 | 2.5 - 5 acres | 4 | 3 | 2 | 1 | 0 | 275 |
| $737,500 | 4,033 | 1 - 2.5 acres | 4 | 3 | 8 | 0 | 0 | 52 |
| $584,990 | 3,250 | 0.25 - 0.5 acre | 4 | 2 | 0 | 0 | 0 | 142 |