Altos Research

Bluemont, VA

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Bluemont, VA

Fri Jul 19 2019
This week the median list price for Bluemont, VA is $850,000 with the market action index hovering around 34. This is less than last month's market action index of 39. Inventory has held steady at or around 22. Click here to stay informed with the Bluemont market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Bluemont, VA

Fri Jul 19 2019
This week the median list price for Bluemont, VA is $850,000 with the market action index hovering around 34. This is less than last month's market action index of 39. Inventory has held steady at or around 22. Click here to stay informed with the Bluemont market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Bluemont market.
Median List Price $850,000
Per Square Foot $255
Days on Market 88
Price Decreased 32%
Price Increased 0%
Relisted 14%
Inventory 22
Median House Rent
Most Expensive $3,945,000
Least Expensive $163,400
Market Action Index
Slight Seller's Advantage
34

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$2,950,000 9,338 N/A 5 4 67 0 0 117
$1,199,000 5,174 N/A 3 4 64 2 0 54
$737,350 3,309 5 - 10 acres 3 2 50 1 1 88
$394,500 1,568 5 - 10 acres 3 2 22 0 0 93