Altos Market Data for Realtors

Herndon, VA

Single-Family Homes

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Herndon, VA

Sat Sep 26 2020
This week the median list price for Herndon, VA is $719,990 with the market action index hovering around 68. This is an increase over last month's market action index of 65. Inventory has held steady at or around 49. Click here to stay informed with the Herndon market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Herndon, VA

Sat Sep 26 2020
This week the median list price for Herndon, VA is $719,990 with the market action index hovering around 68. This is an increase over last month's market action index of 65. Inventory has held steady at or around 49. Click here to stay informed with the Herndon market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Herndon market.
Median List Price $719,990
Per Square Foot $242
Days on Market 66
Price Decreased 37%
Price Increased 2%
Relisted 6%
Inventory 49
Median Rent $2,500
Most Expensive $1,560,000
Least Expensive $329,000
Market Action 68
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$1,135,000 5,675 0.5 - 1 acre 5 4 19 3 3 124
$844,900 4,039 0.25 - 0.5 acre 5 4 21 3 3 40
$622,400 2,360 8,000 - 10,000 sqft 4 3 37 4 6 46
$479,900 1,640 0 - 4,500 sqft 3 2 41 5 3 52