Altos Research

Centreville, VA

Single-Family Homes

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



Centreville, VA

Sat Sep 22 2018
This week the median list price for Centreville, VA is $674,950 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has held steady at or around 76. Click here to stay informed with the Centreville 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

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.

Centreville, VA

Sat Sep 22 2018
This week the median list price for Centreville, VA is $674,950 with the market action index hovering around 36. This is an increase over last month's market action index of 34. Inventory has held steady at or around 76. Click here to stay informed with the Centreville 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

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 Centreville market.
Median List Price $674,950
Per Square Foot $189
Days on Market 178
Price Decreased 51%
Price Increased 8%
Relisted 30%
Inventory 76
Median House Rent
Most Expensive $1,675,000
Least Expensive $299,900
Market Action Index
Slight Seller's Advantage
36

The market seems to have paused around this plateau. 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
$1,124,990 6,722 5 - 10 acres 5 4 0 1 1 383
$749,900 4,265 0.25 - 0.5 acre 4 4 17 4 1 138
$599,999 3,428 0.25 - 0.5 acre 4 3 29 1 3 92
$487,500 1,884 0.25 - 0.5 acre 4 3 34 5 2 99