$3,200,000
7,731 SqFt
8 Beds
•6 Full Baths, 1 Partial
Hammad Yousuf, Listing Office: Fairfax Realty of Tysons
Is 22207, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 22207 has remained a Seller's Market.
Key Takeaway
22207 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 22207, VA
How much do homes in 22207, VA cost?
Median Sold Price
$1,336,166
$472/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,833(-0.3%)
Key Takeaway
The sold price of homes in 22207 has remained the same since last year.
Summary: The median home sold price in 22207 was $1,336,166 in November 2024, down 0.3% from last year, and the median price per square foot was $472.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $247.5K | -2.9% |
| 2 Bedrooms | $685K | $730K | +6.6% |
| 3 Bedrooms | $1.0M | $1.1M | +9.5% |
| 4 Bedrooms | $1.2M | $1.3M | +7.1% |
| 5+ Bedrooms | $1.9M | $2.0M | +9.0% |
Summary: 22207 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.9%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 9%.
Housing Supply in 22207, VA
How many homes are available in 22207, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 92 | 86 | -6.5% |
Summary: The 22207 real estate market had 86 homes for sale in November 2024, a 6.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 15 | 9 | -40.0% |
| 5+ Bedrooms | 46 | 48 | +4.3% |
Summary: The 22207 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 22207, you may be able to get a good deal. 40.7% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 22207 in November 2024, up by 17.4% month-over-month. Of the 27 sold homes, 41% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for 22207, VA
How long does it take to sell a home in 22207, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 25 Days | +41.1% |
Summary: Homes in 22207 had an average of 25 days on market in Nov 2024, up by 41.1% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 22207 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 27 homes were sold in 22207; 74% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
