Altos Market Data for Realtors

Oakton, VA

Single-Family Homes

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Oakton, VA

Tue Mar 19 2024
This week the median list price for Oakton, VA is $2,134,855 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 11. Click here to stay informed with the Oakton 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Oakton, VA

Tue Mar 19 2024
This week the median list price for Oakton, VA is $2,134,855 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 11. Click here to stay informed with the Oakton 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Oakton market.
Median List Price $2,134,855
Median Price of New Listings $1,186,500
Per Square Foot $321
Average Days on Market 162
Median Days on Market 189
Price Decreased 9%
Price Increased 18%
Relisted 27%
Inventory 11
Median Rent
Market Action 35
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
$8,997,500 15,173 5 - 10 acres 5 8.3 39 0 0 196
$2,299,900 7,112 0.5 - 1 acre 6 5.5 0 0 1 294
$2,100,000 5,144 0.5 - 1 acre 5 5.5 1 0 0 189
$1,398,000 3,354 0.5 - 1 acre 6 4.5 39 2 0 0