Altos Research

Oakton, VA

Single-Family Homes

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



Oakton, VA

Sun Jun 16 2019
This week the median list price for Oakton, VA is $999,900 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 55. Click here to stay informed with the Oakton 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Oakton, VA

Sun Jun 16 2019
This week the median list price for Oakton, VA is $999,900 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 55. Click here to stay informed with the Oakton 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

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Oakton market.
Median List Price $999,900
Per Square Foot $239
Days on Market 79
Price Decreased 42%
Price Increased 0%
Relisted 7%
Inventory 55
Median House Rent $2,600
Most Expensive $5,295,500
Least Expensive $525,000
Market Action Index
Slight Seller's Advantage
37

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,898,500 7,264 1 - 2.5 acres 5 5 5 0 2 131
$1,389,250 5,820 1 - 2.5 acres 5 4 19 2 0 36
$922,200 3,653 0.5 - 1 acre 5 3 40 2 1 57
$731,450 2,747 0.5 - 1 acre 4 3 42 4 0 96