$210,000
0.06 Acres
Land
Andrew L Pariser, Listing Office: Long & Foster Real Estate, Inc.
Is Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill, 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, Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill has remained a Seller's Market.
Key Takeaway
Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill, DC
How much do homes in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill, DC cost?
Median Sold Price
$575,000
$366/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,500(+1.9%)
Key Takeaway
Homes in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill was $575,000 in October 2024, up 1.9% from last year, and the median price per square foot was $366.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $160K | -3.0% |
| 2 Bedrooms | $420K | $505K | +20.2% |
| 3 Bedrooms | $550K | $555K | +0.9% |
| 4 Bedrooms | $684.5K | $667.5K | -2.5% |
| 5+ Bedrooms | $857.5K | $1.0M | +23.0% |
Summary: Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 23%.
Median Sold Price Compared To Nearby Neighborhoods
| Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill | $564.5K | $575K | +1.9% |
| Queens Chapel | $648.7K | $594.9K | -8.3% |
Housing Supply in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill, DC
How many homes are available in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 46 | +9.5% |
Summary: The Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill real estate market had 46 homes for sale in October 2024, a 9.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 11 | 13 | +18.2% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill 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 decreased by 12.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill in October 2024, the same as the previous month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.
Days on Market for Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill, DC
How long does it take to sell a home in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill, DC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 43 Days | +42.6% |
Summary: Homes in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill had an average of 43 days on market in Oct 2024, up by 42.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill; 38% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
