$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 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 October 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
$472,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,000(+9.8%)
Key Takeaway
Homes in Sheridan / Barry Farm / Buena Vista have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Sheridan / Barry Farm / Buena Vista was $472,000 in October 2024, up 9.8% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | - | N/A |
| 2 Bedrooms | $270K | $200K | -25.9% |
| 3 Bedrooms | $455K | $499K | +9.7% |
| 4 Bedrooms | $528.4K | $480K | -9.2% |
| 5+ Bedrooms | - | $557.5K | N/A |
Summary: Sheridan / Barry Farm / 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 decreased by 25.9%, 3 bedroom homes increased by 9.7%, 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 Sheridan / Barry Farm / Buena Vista, DC
How many homes are available in Sheridan / Barry Farm / Buena Vista, DC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 36 | +33.3% |
Summary: The Sheridan / Barry Farm / Buena Vista real estate market had 36 homes for sale in October 2024, a 33.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 9 | 12 | +33.3% |
| 3 Bedrooms | 7 | 12 | +71.4% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Sheridan / Barry Farm / Buena Vista housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 71.4%, 4 bedroom homes decreased by 12.5%, 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 Sheridan / Barry Farm / 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 Sheridan / Barry Farm / 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 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 19 Days | -5.0% |
Summary: Homes in Sheridan / Barry Farm / 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 Sheridan / Barry Farm / Buena Vista are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Sheridan / Barry Farm / 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.
