How's the market in your area?

Manassas, VA

Single-Family Homes

Give Back Team, LLC



Manassas, VA

Tue Mar 31 2020
This week the median list price for Manassas, VA is $506,495 with the market action index hovering around 69. This is an increase over last month's market action index of 63. Inventory has held steady at or around 72. Click here to stay informed with the Manassas market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Manassas, VA

Tue Mar 31 2020
This week the median list price for Manassas, VA is $506,495 with the market action index hovering around 69. This is an increase over last month's market action index of 63. Inventory has held steady at or around 72. Click here to stay informed with the Manassas market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Manassas market.
Median List Price $506,495
Per Square Foot $163
Days on Market 113
Price Decreased 17%
Price Increased 18%
Relisted 11%
Inventory 72
Median Rent $2,425
Most Expensive $1,490,000
Least Expensive $40,700
Market Action 69
Strong Seller's Market

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$718,950 5,417 1 - 2.5 acres 4 3 11 2 4 200
$552,250 3,152 0.25 - 0.5 acre 4 2 19 5 3 167
$449,999 2,499 0.25 - 0.5 acre 4 2 39 11 4 35
$369,624 1,592 0.25 - 0.5 acre 3 2 56 7 5 47