The Loco Real Estate Market Report

Sterling, VA 20164

Single-Family Homes

Michael Elias www.LocoMusings.com



Sterling, VA 20164

Thu Nov 21 2019
This week the median list price for Sterling, VA 20164 is $449,950 with the market action index hovering around 69. This is an increase over last month's market action index of 66. Inventory has held steady at or around 18. Click here to stay informed with the Sterling market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Sterling, VA 20164

Thu Nov 21 2019
This week the median list price for Sterling, VA 20164 is $449,950 with the market action index hovering around 69. This is an increase over last month's market action index of 66. Inventory has held steady at or around 18. Click here to stay informed with the Sterling market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Sterling market.
Median List Price $449,950
Per Square Foot $230
Days on Market 28
Price Decreased 39%
Price Increased 0%
Relisted 6%
Inventory 18
Median Rent $2,400
Most Expensive $649,000
Least Expensive $331,000
Market Action 69
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
$577,450 3,328 8,000 - 10,000 sqft 4 3 30 4 2 47
$469,900 2,130 8,000 - 10,000 sqft 4 2 45 0 1 12
$444,900 1,942 6,500 - 8,000 sqft 4 2 42 1 0 21
$424,900 1,248 8,000 - 10,000 sqft 4 2 55 1 3 32