Thu Jan 21 2021
This week the median list price for Gainesville, VA is $817,900 with the market action index hovering around 77. This is less than last month's market action index of 87. Inventory has held steady at or around 3.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$817,900|
|Per Square Foot||$138|
|Days on Market||44|
|Strong Seller's Market|
This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$817,900||2,928||1 - 2.5 acres||4||3||30||1||0||44|
|$850,000||6,133||1 - 2.5 acres||4||4||30||0||0||21|
|$817,900||2,839||10 - 20 acres||4||3||1||0||0||112|
|$380,000||2,928||0.25 - 0.5 acre||3||1||61||1||0||0|