Altos Market Data for Realtors

Ruther Glen, VA

Single-Family Homes

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Ruther Glen, VA

Thu Dec 08 2022
This week the median list price for Ruther Glen, VA is $369,900 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 45. Click here to stay informed with the Ruther Glen market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Ruther Glen, VA

Thu Dec 08 2022
This week the median list price for Ruther Glen, VA is $369,900 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has decreased to 45. Click here to stay informed with the Ruther Glen market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Ruther Glen market.
Median List Price $369,900
Median Price of New Listings $366,950
Per Square Foot $193
Average Days on Market 78
Median Days on Market 42
Price Decreased 53%
Price Increased 0%
Relisted 13%
Inventory 45
Median Rent
Market Action 44
Slight Seller's Advantage

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
$459,890 2,881 0.5 - 1 acre 4 2.5 26 0 0 49
$414,890 2,457 6,500 - 8,000 sqft 4 2.5 15 1 0 49
$339,950 1,600 0.5 - 1 acre 3 2.5 19 1 2 21
$287,000 1,058 1 - 2.5 acres 3 1.5 44 0 4 52