$9,797 Closing Credit*
$825,000
1,753 SqFt
5 Beds
•2 Full Baths
Melanie Davis, Listing Office: Samson Properties
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 November 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
$570,000
$359/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,000(-1.7%)
Key Takeaway
Homes in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill was $570,000 in November 2024, down 1.7% from last year, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $159K | -3.6% |
| 2 Bedrooms | $420K | $505K | +20.2% |
| 3 Bedrooms | $560K | $552.5K | -1.3% |
| 4 Bedrooms | $684.5K | $660.1K | -3.6% |
| 5+ Bedrooms | $857.5K | $1.0M | +22.4% |
Summary: Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes increased by 20.2%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 22.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Lamond Riggs | $560K | $575K | +2.7% |
| Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill | $580K | $570K | -1.7% |
| Queens Chapel | $662.2K | $599.9K | -9.4% |
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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 36 | -14.3% |
Summary: The Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill real estate market had 36 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 22 | 19 | -13.6% |
| 4 Bedrooms | 11 | 6 | -45.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill housing inventory by bedroom type for November 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 13.6%, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
8 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 Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill in November 2024, up by 25.0% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 53 Days | -6.4% |
Summary: Homes in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill had an average of 53 days on market in Nov 2024, down by 6.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 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 November 2024, 10 homes were sold in Lamond Riggs / Queens Chapel / Fort Totten / Pleasant Hill; 30% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
