Altos Research

Lovettsville, VA

Single-Family Homes

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



Lovettsville, VA

Fri Jul 19 2019
This week the median list price for Lovettsville, VA is $524,900 with the market action index hovering around 38. This is less than last month's market action index of 42. Inventory has held steady at or around 33. Click here to stay informed with the Lovettsville market!

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.

Lovettsville, VA

Fri Jul 19 2019
This week the median list price for Lovettsville, VA is $524,900 with the market action index hovering around 38. This is less than last month's market action index of 42. Inventory has held steady at or around 33. Click here to stay informed with the Lovettsville market!

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 Lovettsville market.
Median List Price $524,900
Per Square Foot $171
Days on Market 110
Price Decreased 45%
Price Increased 6%
Relisted 6%
Inventory 33
Median House Rent
Most Expensive $1,290,000
Least Expensive $299,000
Market Action Index
Slight Seller's Advantage
38

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
$834,950 4,417 10 - 20 acres 4 3 19 1 1 208
$594,999 3,096 5 - 10 acres 4 2 22 0 2 66
$484,450 2,580 0.5 - 1 acre 4 2 17 0 0 91
$339,000 2,120 0 - 4,500 sqft 3 2 13 0 1 81