Is Buena Vista, DC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buena Vista is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Buena Vista was a Seller's Market.

Key Takeaway

Buena Vista is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Buena Vista, DC

How much do homes in Buena Vista, DC cost?

Median Sold Price

$547,500

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$107,500(+24.4%)

Key Takeaway

Homes in Buena Vista have sold for 24.4% more than they did a year ago.

Summary: The median home sold price in Buena Vista was $547,500 in November 2024, up 24.4% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $295K$384K
+30.2%
3 $440.9K$555K
+25.9%
4 $528.4K$480K
-9.2%
5+ -$565K
N/A

Summary: Buena Vista housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.2%, 3 bedroom homes increased by 25.9%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Buena Vista
+24.4%
Sheridan / Barry Farm / Buena Vista
+16.1%

Housing Supply in Buena Vista, DC

How many homes are available in Buena Vista, DC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2331+34.8%

Summary: The Buena Vista real estate market had 31 homes for sale in November 2024, a 34.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 811
+37.5%
3 89
+12.5%
4 57
+40.0%
5+ 23
+50.0%

Summary: The Buena Vista housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buena Vista, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Buena Vista in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Buena Vista, DC

How long does it take to sell a home in Buena Vista, DC?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days144 Days+404.1%

Summary: Homes in Buena Vista had an average of 144 days on market in Nov 2024, up by 404.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Buena Vista has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Buena Vista; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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