$450,000
15.72 Acres
Land
Shannon M. Gilmore, Listing Office: Washington Fine Properties, LLC
Is Middleburg, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Middleburg has remained a Buyer's Market.
Key Takeaway
Middleburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Middleburg, VA
How much do homes in Middleburg, VA cost?
Median Sold Price
$890,000
$333/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
-$905,000(-50.4%)
Key Takeaway
Homes in Middleburg have sold for 50.4% less than they did a month ago.
Summary: The median home sold price in Middleburg was $890,000 in August 2024, down 50.4% from last month, and the median price per square foot was $333.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $850K | N/A |
| 4 Bedrooms | $1.4M | - | N/A |
| 5+ Bedrooms | $3.0M | $2.8M | -6.7% |
Summary: Middleburg housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 6.7%.
Housing Supply in Middleburg, VA
How many homes are available in Middleburg, VA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 38 | 40 | +5.3% |
Summary: The Middleburg real estate market had 40 homes for sale in August 2024, a 5.3% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Middleburg housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Middleburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Middleburg in August 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Middleburg, VA
How long does it take to sell a home in Middleburg, VA?
Average Sale Time
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 95 Days | 36 Days | -61.6% |
Summary: Homes in Middleburg had an average of 36 days on market in Aug 2024, down by 61.6% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Middleburg are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 4 homes were sold in Middleburg; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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