$2,969 Closing Credit*
$250,000
809 SqFt
1 Bed
•1 Full Bath
James J Higgins, Listing Office: Weichert, REALTORS
Is Hawthorne / Barnaby Woods / Chevy Chase, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Hawthorne / Barnaby Woods / Chevy Chase has remained a Seller's Market.
Key Takeaway
Hawthorne / Barnaby Woods / Chevy Chase is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hawthorne / Barnaby Woods / Chevy Chase, DC
How much do homes in Hawthorne / Barnaby Woods / Chevy Chase, DC cost?
Median Sold Price
$1,500,000
$536/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$130,000(+9.5%)
Key Takeaway
Homes in Hawthorne / Barnaby Woods / Chevy Chase have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Hawthorne / Barnaby Woods / Chevy Chase was $1,500,000 in October 2024, up 9.5% from last year, and the median price per square foot was $536.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $242.4K | $274.9K | +13.4% |
| 2 Bedrooms | $609K | $690K | +13.3% |
| 3 Bedrooms | $1.2M | $1.2M | +5.9% |
| 4 Bedrooms | $1.4M | $1.5M | +3.4% |
| 5+ Bedrooms | $1.8M | $1.9M | +5.7% |
Summary: Hawthorne / Barnaby Woods / Chevy Chase housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.4%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Hawthorne / Barnaby Woods / Chevy Chase | $1.3M | $1.5M | +9.5% |
| Chevy Chase | $1.3M | $1.4M | +4.5% |
| Barnaby Woods | $1.6M | $1.6M | +2.6% |
Housing Supply in Hawthorne / Barnaby Woods / Chevy Chase, DC
How many homes are available in Hawthorne / Barnaby Woods / Chevy Chase, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 41 | +2.5% |
Summary: The Hawthorne / Barnaby Woods / Chevy Chase real estate market had 41 homes for sale in October 2024, a 2.5% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 13 | 10 | -23.1% |
| 5+ Bedrooms | 17 | 22 | +29.4% |
Summary: The Hawthorne / Barnaby Woods / Chevy Chase 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 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes increased by 29.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hawthorne / Barnaby Woods / Chevy Chase, you could pay more than the asking price. 77.8% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Hawthorne / Barnaby Woods / Chevy Chase in October 2024, down by 18.2% month-over-month. Of the 9 sold homes, 11% were sold under asking, 11% were sold at asking, and 78% were sold over asking.
Days on Market for Hawthorne / Barnaby Woods / Chevy Chase, DC
How long does it take to sell a home in Hawthorne / Barnaby Woods / Chevy Chase, DC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 8 Days | -52.2% |
Summary: Homes in Hawthorne / Barnaby Woods / Chevy Chase had an average of 8 days on market in Oct 2024, down by 52.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hawthorne / Barnaby Woods / Chevy Chase are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Hawthorne / Barnaby Woods / Chevy Chase; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
