The Loco Real Estate Market Report

Lovettsville, VA

Single-Family Homes

www.LocoMusings.com



Lovettsville, VA

Tue May 26 2020
This week the median list price for Lovettsville, VA is $574,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 26. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Lovettsville, VA

Tue May 26 2020
This week the median list price for Lovettsville, VA is $574,000 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 26. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Lovettsville market.
Median List Price $574,000
Per Square Foot $166
Days on Market 139
Price Decreased 35%
Price Increased 4%
Relisted 12%
Inventory 26
Median Rent $1,950
Most Expensive $1,500,000
Least Expensive $394,999
Market Action 45
Strong Seller's Market

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
$962,000 4,901 10 - 20 acres 5 4 14 0 1 168
$769,450 5,366 2.5 - 5 acres 4 4 15 3 1 60
$509,900 3,750 1 - 2.5 acres 3 2 2 2 2 90
$459,000 2,340 0.5 - 1 acre 4 2 42 0 0 232