$10,000 Closing Credit*
$1,699,900
5,224 SqFt
5 Beds
•5 Full Baths
Laura Griffin, Listing Office: Pearson Smith Realty, LLC
Is 20105, VA 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, 20105 has remained a Seller's Market.
Key Takeaway
20105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20105, VA
How much do homes in 20105, VA cost?
Median Sold Price
$920,000
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$77,500(+9.2%)
Key Takeaway
Homes in 20105 have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in 20105 was $920,000 in October 2024, up 9.2% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $322.1K | +11.1% |
| 2 Bedrooms | $396K | $426K | +7.6% |
| 3 Bedrooms | $534.5K | $563.5K | +5.4% |
| 4 Bedrooms | $950K | $1.0M | +8.2% |
| 5+ Bedrooms | $1.2M | $1.3M | +10.0% |
Summary: 20105 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 10%.
Housing Supply in 20105, VA
How many homes are available in 20105, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 72 | +10.8% |
Summary: The 20105 real estate market had 72 homes for sale in October 2024, a 10.8% 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 23 | 24 | +4.3% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 24 | 29 | +20.8% |
Summary: The 20105 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 remained the same, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 20.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 28 | +21.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20105, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in 20105 in October 2024, up by 21.7% month-over-month. Of the 28 sold homes, 21% were sold under asking, 29% were sold at asking, and 50% were sold over asking.
Days on Market for 20105, VA
How long does it take to sell a home in 20105, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 12 Days | -12.7% |
Summary: Homes in 20105 had an average of 12 days on market in Oct 2024, down by 12.7% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 20105 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 28 homes were sold in 20105; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
