The Loco Real Estate Market Report

Aldie, VA

Single-Family Homes

www.LocoMusings.com



Aldie, VA

Mon Jan 20 2020
This week the median list price for Aldie, VA is $881,990 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has held steady at or around 28. Click here to stay informed with the Aldie market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Aldie, VA

Mon Jan 20 2020
This week the median list price for Aldie, VA is $881,990 with the market action index hovering around 34. This is less than last month's market action index of 37. Inventory has held steady at or around 28. Click here to stay informed with the Aldie market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Aldie market.
Median List Price $881,990
Per Square Foot $199
Days on Market 225
Price Decreased 14%
Price Increased 18%
Relisted 18%
Inventory 28
Median Rent $2,275
Most Expensive $2,698,000
Least Expensive $485,000
Market Action 34
Slight Seller's Advantage

The market seems to have paused around its high point. 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
$1,250,000 5,761 1 - 2.5 acres 4 5 6 0 2 319
$934,995 5,105 0.5 - 1 acre 4 4 1 0 0 184
$824,990 4,531 0.25 - 0.5 acre 4 4 1 0 0 173
$742,990 3,749 0.25 - 0.5 acre 4 3 1 2 1 223