Altos Research

Centreville, VA

Single-Family Homes

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



Centreville, VA

Thu Apr 25 2019
This week the median list price for Centreville, VA is $789,900 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 74. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Centreville, VA

Thu Apr 25 2019
This week the median list price for Centreville, VA is $789,900 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 74. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Centreville market.
Median List Price $789,900
Per Square Foot $181
Days on Market 204
Price Decreased 38%
Price Increased 15%
Relisted 26%
Inventory 74
Median House Rent $2,300
Most Expensive $1,789,000
Least Expensive $299,900
Market Action Index
Slight Seller's Advantage
34

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
$1,129,945 6,944 1 - 2.5 acres 5 5 1 0 0 273
$894,490 5,550 1 - 2.5 acres 5 4 17 0 0 449
$729,900 3,878 0.25 - 0.5 acre 4 3 29 5 2 40
$525,000 2,337 8,000 - 10,000 sqft 4 3 33 8 4 72