Altos Market Data for Realtors

Vienna, VA

Single-Family Homes

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Vienna, VA

Tue Mar 19 2024
This week the median list price for Vienna, VA is $2,125,550 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has increased to 49. Click here to stay informed with the Vienna 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.

Vienna, VA

Tue Mar 19 2024
This week the median list price for Vienna, VA is $2,125,550 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has increased to 49. Click here to stay informed with the Vienna 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 Vienna market.
Median List Price $2,125,550
Median Price of New Listings $1,425,000
Per Square Foot $401
Average Days on Market 91
Median Days on Market 42
Price Decreased 12%
Price Increased 18%
Relisted 14%
Inventory 49
Median Rent
Market Action 37
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
$3,124,250 7,476 0.5 - 1 acre 6 7 1 1 0 66
$2,209,500 5,706 0.25 - 0.5 acre 6 6.3 0 1 4 108
$1,899,097 5,176 0.25 - 0.5 acre 5 5 1 2 0 42
$1,050,000 2,270 0.25 - 0.5 acre 4 3 45 6 3 7