Altos Market Data for Realtors

Gainesville, VA

Single-Family Homes

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Gainesville, VA

Wed May 27 2020
This week the median list price for Gainesville, VA is $630,995 with the market action index hovering around 63. This is an increase over last month's market action index of 54. Inventory has held steady at or around 29. Click here to stay informed with the Gainesville market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Gainesville, VA

Wed May 27 2020
This week the median list price for Gainesville, VA is $630,995 with the market action index hovering around 63. This is an increase over last month's market action index of 54. Inventory has held steady at or around 29. Click here to stay informed with the Gainesville market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Gainesville market.
Median List Price $630,995
Per Square Foot $150
Days on Market 199
Price Decreased 38%
Price Increased 17%
Relisted 3%
Inventory 29
Median Rent $2,800
Most Expensive $2,460,000
Least Expensive $259,000
Market Action 63
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$874,995 6,071 0.25 - 0.5 acre 4 4 13 1 3 128
$658,995 5,003 0.25 - 0.5 acre 5 3 4 0 1 349
$619,900 4,204 6,500 - 8,000 sqft 4 3 9 2 4 300
$480,000 3,653 4,500 - 6,500 sqft 3 3 16 2 3 41