$8,894 Closing Credit*
$749,000
3,244 SqFt
3 Beds
•2 Full Baths, 1 Partial
Emily Levy Payne, Listing Office: Frank Hardy Sotheby's International Realty
Is 20119, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 20119 has remained a Seller's Market.
Key Takeaway
20119 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 20119, VA
How much do homes in 20119, VA cost?
Median Sold Price
$585,000
$293/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$35,000(-5.6%)
Key Takeaway
Homes in 20119 have sold for 5.6% less than they did a month ago.
Summary: The median home sold price in 20119 was $585,000 in October 2024, down 5.6% from last month, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $750K | N/A |
| 3 Bedrooms | $560K | $565K | +0.9% |
| 4 Bedrooms | $1.5M | $899K | -42.0% |
| 5+ Bedrooms | $1.1M | $870K | -24.3% |
Summary: 20119 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 42%, and 5+ bedroom homes decreased by 24.3%.
Housing Supply in 20119, VA
How many homes are available in 20119, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 16 | -38.5% |
Summary: The 20119 real estate market had 16 homes for sale in October 2024, a 38.5% decrease 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 7 | -41.7% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The 20119 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 decreased by 41.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20119, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 20119 in October 2024, the same as the previous month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% were sold over asking.
Days on Market for 20119, VA
How long does it take to sell a home in 20119, VA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 Days | 50 Days | -43.2% |
Summary: Homes in 20119 had an average of 50 days on market in Oct 2024, down by 43.2% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 20119 has remained consistent over time.
Summary: During October 2024, 11 homes were sold in 20119; 36% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.