Altos Market Data for Realtors

Dumfries, VA

Single-Family Homes

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Dumfries, VA

Tue Mar 19 2024
This week the median list price for Dumfries, VA is $760,990 with the market action index hovering around 66. This is less than last month's market action index of 68. Inventory has held steady at or around 11. Click here to stay informed with the Dumfries 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 and prices have recently resumed upward pressure.

Dumfries, VA

Tue Mar 19 2024
This week the median list price for Dumfries, VA is $760,990 with the market action index hovering around 66. This is less than last month's market action index of 68. Inventory has held steady at or around 11. Click here to stay informed with the Dumfries 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 and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Dumfries market.
Median List Price $760,990
Median Price of New Listings $460,000
Per Square Foot $262
Average Days on Market 78
Median Days on Market 28
Price Decreased 45%
Price Increased 9%
Relisted 9%
Inventory 11
Median Rent
Market Action 66
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$907,500 4,546 0.25 - 0.5 acre 5 4 4 0 1 28
$850,000 3,355 8,000 - 10,000 sqft 3 3.5 25 0 1 28
$714,999 2,826 8,000 - 10,000 sqft 4 3 45 1 1 14
$625,000 2,290 4,500 - 6,500 sqft 4 3.5 26 1 3 28