The LoCo Real Estate Market Report

Lovettsville, VA

Single-Family Homes

www.LoCoMusings.com



Lovettsville, VA

Sat Jul 20 2024
This week the median list price for Lovettsville, VA is $1,062,500 with the market action index hovering around 52. This is an increase over last month's market action index of 49. Inventory has increased to 12. Click here to stay informed with the Lovettsville market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Lovettsville, VA

Sat Jul 20 2024
This week the median list price for Lovettsville, VA is $1,062,500 with the market action index hovering around 52. This is an increase over last month's market action index of 49. Inventory has increased to 12. Click here to stay informed with the Lovettsville market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lovettsville market.
Median List Price $1,062,500
Median Price of New Listings $787,500
Per Square Foot $246
Average Days on Market 61
Median Days on Market 21
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent
Market Action 52
Strong Seller's Market

The market seems to have paused around this plateau. 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
$1,795,000 4,225 N/A 4 5 18 0 0 147
$1,100,000 5,172 2.5 - 5 acres 4 4.5 18 0 0 56
$799,900 3,260 5 - 10 acres 4 3 31 1 0 21
$575,000 2,133 0.5 - 1 acre 3 2 60 1 0 14