Altos Market Data for Realtors

Manassas, VA

Single-Family Homes

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Manassas, VA

Wed May 27 2020
This week the median list price for Manassas, VA is $509,950 with the market action index hovering around 66. This is an increase over last month's market action index of 65. Inventory has held steady at or around 100. Click here to stay informed with the Manassas 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.

Manassas, VA

Wed May 27 2020
This week the median list price for Manassas, VA is $509,950 with the market action index hovering around 66. This is an increase over last month's market action index of 65. Inventory has held steady at or around 100. Click here to stay informed with the Manassas 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 Manassas market.
Median List Price $509,950
Per Square Foot $164
Days on Market 81
Price Decreased 32%
Price Increased 10%
Relisted 4%
Inventory 100
Median Rent $2,200
Most Expensive $1,199,990
Least Expensive $324,900
Market Action 66
Strong Seller's Market

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
$735,999 5,488 1 - 2.5 acres 4 4 12 1 1 116
$569,990 3,828 0.25 - 0.5 acre 4 3 18 4 5 134
$469,900 2,854 0.25 - 0.5 acre 4 3 37 8 16 42
$389,000 1,936 0.25 - 0.5 acre 3 2 56 7 8 31