Altos Research

Gainesville, VA

Single-Family Homes

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



Gainesville, VA

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

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.

Gainesville, VA

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

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 Gainesville market.
Median List Price $574,950
Per Square Foot $136
Days on Market 108
Price Decreased 46%
Price Increased 3%
Relisted 14%
Inventory 80
Median House Rent $3,480
Most Expensive $1,549,000
Least Expensive $270,000
Market Action Index
Slight Seller's Advantage
43

The market is 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
$897,200 6,426 1 - 2.5 acres 5 4 14 2 1 162
$613,997 4,795 0.25 - 0.5 acre 4 3 12 3 1 103
$529,950 3,856 8,000 - 10,000 sqft 4 3 13 1 1 105
$455,000 2,946 0.25 - 0.5 acre 3 3 19 3 2 64