$6,353 Closing Credit*
$535,000
1,770 SqFt
3 Beds
•3 Full Baths, 1 Partial
Lawrence M. Lessin, Listing Office: Homes By Owner
Is Buena Vista, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$545,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$105,000(+23.9%)
Key Takeaway
Homes in Buena Vista have sold for 23.9% more than they did a year ago.
Summary: The median home sold price in Buena Vista was $545,000 in October 2024, up 23.9% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $270K | $400K | +48.1% |
| 3 Bedrooms | $455K | $524.5K | +15.3% |
| 4 Bedrooms | $528.4K | $480K | -9.2% |
| 5+ Bedrooms | - | $557.5K | N/A |
Summary: Buena Vista housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.1%, 3 bedroom homes increased by 15.3%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Buena Vista | $440K | $545K | +23.9% |
| Historic Anacostia | $425K | $497K | +16.9% |
| Sheridan / Barry Farm / Buena Vista | $430K | $472K | +9.8% |
Housing Supply in Buena Vista, DC
How many homes are available in Buena Vista, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 27 | +42.1% |
Summary: The Buena Vista real estate market had 27 homes for sale in October 2024, a 42.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 5 | 10 | +100.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Buena Vista housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Buena Vista, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Buena Vista in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 19 Days | -5.0% |
Summary: Homes in Buena Vista had an average of 19 days on market in Oct 2024, down by 5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Buena Vista are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Buena Vista; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
