$5,936 Closing Credit*
$499,900
1,208 SqFt
2 Beds
•2 Full Baths
Robert F Soltani, Listing Office: Fairfax Realty of Tysons
Is 22102, 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, 22102 has remained a Seller's Market.
Key Takeaway
22102 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22102, VA
How much do homes in 22102, VA cost?
Median Sold Price
$554,200
$411/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$244,466(-30.6%)
Key Takeaway
Homes in 22102 have sold for 30.6% less than they did a year ago.
Summary: The median home sold price in 22102 was $554,200 in October 2024, down 30.6% from last year, and the median price per square foot was $411.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $294K | $305K | +3.7% |
| 2 Bedrooms | $480K | $465K | -3.1% |
| 3 Bedrooms | $783K | $820K | +4.7% |
| 4 Bedrooms | $1.4M | $1.6M | +12.8% |
| 5+ Bedrooms | $1.9M | $2.6M | +31.6% |
Summary: 22102 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 31.6%.
Housing Supply in 22102, VA
How many homes are available in 22102, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 123 | 118 | -4.1% |
Summary: The 22102 real estate market had 118 homes for sale in October 2024, a 4.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 25 | 21 | -16.0% |
| 2 Bedrooms | 26 | 32 | +23.1% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 40 | 36 | -10.0% |
Summary: The 22102 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16%, 2 bedroom homes increased by 23.1%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 28 | -20.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22102, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in 22102 in October 2024, down by 20.0% month-over-month. Of the 28 sold homes, 57% were sold under asking, 18% were sold at asking, and 25% were sold over asking.
Days on Market for 22102, VA
How long does it take to sell a home in 22102, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 45 Days | +59.8% |
Summary: Homes in 22102 had an average of 45 days on market in Oct 2024, up by 59.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 22102 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 28 homes were sold in 22102; 54% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
