Altos Market Data for Realtors

Dumfries, VA

Single-Family Homes

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Dumfries, VA

Fri Apr 03 2020
This week the median list price for Dumfries, VA is $529,995 with the market action index hovering around 47. This is an increase over last month's market action index of 44. Inventory has held steady at or around 40. Click here to stay informed with the Dumfries market!

Market Action Index

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

Strong Seller's Market

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.

Dumfries, VA

Fri Apr 03 2020
This week the median list price for Dumfries, VA is $529,995 with the market action index hovering around 47. This is an increase over last month's market action index of 44. Inventory has held steady at or around 40. Click here to stay informed with the Dumfries market!

Market Action Index

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

Strong Seller's Market

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 Dumfries market.
Median List Price $529,995
Per Square Foot $154
Days on Market 82
Price Decreased 15%
Price Increased 5%
Relisted 13%
Inventory 40
Median Rent $2,350
Most Expensive $877,700
Least Expensive $289,900
Market Action 47
Strong Seller's Market

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
$762,500 4,870 8,000 - 10,000 sqft 5 4 3 2 0 51
$569,495 3,650 6,500 - 8,000 sqft 4 3 4 0 1 117
$504,945 3,320 8,000 - 10,000 sqft 4 2 12 5 2 115
$404,999 2,599 0.25 - 0.5 acre 4 2 43 5 3 44