The LoCo Real Estate Market Report

Lovettsville, VA

Single-Family Homes

www.LoCoMusings.com



Lovettsville, VA

Sun May 29 2022
This week the median list price for Lovettsville, VA is $900,000 with the market action index hovering around 71. This is an increase over last month's market action index of 60. Inventory has increased to 9. 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

Sun May 29 2022
This week the median list price for Lovettsville, VA is $900,000 with the market action index hovering around 71. This is an increase over last month's market action index of 60. Inventory has increased to 9. 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 $900,000
Median Price of New Listings $1,250,000
Per Square Foot $192
Average Days on Market 13
Median Days on Market 7
Price Decreased 11%
Price Increased 11%
Relisted 0%
Inventory 9
Median Rent
Market Action 71
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,447,500 4,685 10 - 20 acres 4 4.5 18 1 0 3
$1,286,033 5,610 2.5 - 5 acres 4 3.8 19 1 1 35
$874,500 4,743 2.5 - 5 acres 5 4 12 1 1 3
$615,000 3,617 1 - 2.5 acres 4 2.5 19 0 1 7