The Loco Real Estate Market Report

Round Hill, VA

Single-Family Homes

www.LocoMusings.com



Round Hill, VA

Mon Jan 20 2020
This week the median list price for Round Hill, VA is $594,990 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 27. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Round Hill, VA

Mon Jan 20 2020
This week the median list price for Round Hill, VA is $594,990 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 27. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Round Hill market.
Median List Price $594,990
Per Square Foot $194
Days on Market 163
Price Decreased 30%
Price Increased 11%
Relisted 11%
Inventory 27
Median Rent $2,000
Most Expensive $2,299,000
Least Expensive $399,900
Market Action 35
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,069,000 4,090 10 - 20 acres 4 3 32 0 0 351
$749,000 3,730 1 - 2.5 acres 5 3 6 1 2 135
$569,990 3,700 0.25 - 0.5 acre 4 2 1 1 0 103
$469,950 2,249 0.25 - 0.5 acre 3 2 43 1 2 88