Altos Market Data for Realtors

Washington, VA

Single-Family Homes

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Current active inventory in Washington, VA is very low. Keep this in mind when looking at this report.

Washington, VA

Fri Mar 29 2024
This week the median list price for Washington, VA is $662,450 with the market action index hovering around 48. This is an increase over last month's market action index of 42. Inventory has held steady at or around 2. Click here to stay informed with the Washington market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Washington, VA

Fri Mar 29 2024
This week the median list price for Washington, VA is $662,450 with the market action index hovering around 48. This is an increase over last month's market action index of 42. Inventory has held steady at or around 2. Click here to stay informed with the Washington market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Washington market.
Median List Price $662,450
Median Price of New Listings $0
Per Square Foot $324
Average Days on Market 277
Median Days on Market 277
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 48
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$749,900 2,480 2.5 - 5 acres 3 2 104 0 0 371
$575,000 1,653 1 - 2.5 acres 3 2.5 46 0 1 182