Altos Market Data for Realtors

Sterling, VA

Single-Family Homes

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Sterling, VA

Mon Mar 18 2024
This week the median list price for Sterling, VA is $843,450 with the market action index hovering around 45. This is less than last month's market action index of 48. Inventory has held steady at or around 16. Click here to stay informed with the Sterling market!

Market Action Index

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

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Sterling, VA

Mon Mar 18 2024
This week the median list price for Sterling, VA is $843,450 with the market action index hovering around 45. This is less than last month's market action index of 48. Inventory has held steady at or around 16. Click here to stay informed with the Sterling market!

Market Action Index

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

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Sterling market.
Median List Price $843,450
Median Price of New Listings $837,000
Per Square Foot $396
Average Days on Market 60
Median Days on Market 70
Price Decreased 19%
Price Increased 50%
Relisted 56%
Inventory 16
Median Rent
Market Action 45
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$996,172 2,719 6,500 - 8,000 sqft 4 3.3 16 1 2 31
$859,990 2,250 4,500 - 6,500 sqft 3 3 0 0 1 70
$824,990 1,863 4,500 - 6,500 sqft 2 2.5 0 1 2 70
$774,995 1,570 4,500 - 6,500 sqft 3 2 16 1 3 70