$3,088 Closing Credit*
$260,000
1,210 SqFt
2 Beds
•1 Full Bath
Abel M Gebremichael, Listing Office: Keller Williams Capital Properties
Is Sheridan / Barry Farm / Buena Vista, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Sheridan / Barry Farm / Buena Vista was a Seller's Market.
Key Takeaway
Sheridan / Barry Farm / Buena Vista is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sheridan / Barry Farm / Buena Vista, DC
How much do homes in Sheridan / Barry Farm / Buena Vista, DC cost?
Median Sold Price
$499,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$69,100(+16.1%)
Key Takeaway
Homes in Sheridan / Barry Farm / Buena Vista have sold for 16.1% more than they did a year ago.
Summary: The median home sold price in Sheridan / Barry Farm / Buena Vista was $499,000 in November 2024, up 16.1% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | - | N/A |
| 2 Bedrooms | $282.5K | $166.8K | -40.9% |
| 3 Bedrooms | $440.9K | $552.5K | +25.3% |
| 4 Bedrooms | $528.4K | $480K | -9.2% |
| 5+ Bedrooms | - | $565K | N/A |
Summary: Sheridan / Barry Farm / 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 decreased by 40.9%, 3 bedroom homes increased by 25.3%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Buena Vista | $440K | $547.5K | +24.4% |
| Sheridan / Barry Farm / Buena Vista | $429.9K | $499K | +16.1% |
Housing Supply in Sheridan / Barry Farm / Buena Vista, DC
How many homes are available in Sheridan / Barry Farm / Buena Vista, DC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 41 | +28.1% |
Summary: The Sheridan / Barry Farm / Buena Vista real estate market had 41 homes for sale in November 2024, a 28.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 11 | 15 | +36.4% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Sheridan / Barry Farm / Buena Vista housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sheridan / Barry Farm / Buena Vista, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Sheridan / Barry Farm / Buena Vista in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Sheridan / Barry Farm / Buena Vista, DC
How long does it take to sell a home in Sheridan / Barry Farm / Buena Vista, DC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 110 Days | +408.8% |
Summary: Homes in Sheridan / Barry Farm / Buena Vista had an average of 110 days on market in Nov 2024, up by 408.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sheridan / Barry Farm / Buena Vista has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Sheridan / Barry Farm / Buena Vista; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
