Altos Market Data for Realtors

Centreville, VA

Single-Family Homes

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Centreville, VA

Sun Feb 23 2020
This week the median list price for Centreville, VA is $797,990 with the market action index hovering around 43. This is less than last month's market action index of 49. Inventory has held steady at or around 23. Click here to stay informed with the Centreville market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Centreville, VA

Sun Feb 23 2020
This week the median list price for Centreville, VA is $797,990 with the market action index hovering around 43. This is less than last month's market action index of 49. Inventory has held steady at or around 23. Click here to stay informed with the Centreville market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 Centreville market.
Median List Price $797,990
Per Square Foot $177
Days on Market 158
Price Decreased 22%
Price Increased 17%
Relisted 9%
Inventory 23
Median Rent $2,475
Most Expensive $1,699,999
Least Expensive $275,000
Market Action 43
Slight Seller's Advantage

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
$1,150,000 6,319 5 - 10 acres 5 4 3 1 1 138
$951,950 5,616 0.5 - 1 acre 5 4 2 2 0 78
$786,494 4,293 0.5 - 1 acre 4 3 15 1 1 240
$474,922 1,528 0.5 - 1 acre 4 2 57 1 1 170