The Loco Real Estate Market Report

Round Hill, VA

Single-Family Homes

Michael Elias www.LocoMusings.com



Round Hill, VA

Thu Nov 21 2019
This week the median list price for Round Hill, VA is $744,450 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 22. 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.

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.

Round Hill, VA

Thu Nov 21 2019
This week the median list price for Round Hill, VA is $744,450 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 22. 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.

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 Round Hill market.
Median List Price $744,450
Per Square Foot $200
Days on Market 118
Price Decreased 23%
Price Increased 9%
Relisted 9%
Inventory 22
Median Rent $2,375
Most Expensive $2,299,000
Least Expensive $399,900
Market Action 41
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,298,000 4,172 N/A 4 4 34 0 0 91
$799,900 3,530 2.5 - 5 acres 4 3 16 1 1 156
$692,489 3,848 5 - 10 acres 4 3 5 0 1 173
$499,925 3,069 0.25 - 0.5 acre 3 2 40 0 0 52