$5,938 Closing Credit*
$500,000
2,024 SqFt
4 Beds
•2 Full Baths, 1 Partial
Melissa Guthrie, Listing Office: Garrett Realty Partners
Is 23693, 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, 23693 has remained a Seller's Market.
Key Takeaway
23693 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 23693, VA
How much do homes in 23693, VA cost?
Median Sold Price
$1,051,000
$236/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$569,000(+118.0%)
Key Takeaway
Homes in 23693 have sold for 118% more than they did a month ago.
Summary: The median home sold price in 23693 was $1,051,000 in November 2024, up 118% from last month, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $197K | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $482K | $1.9M | +295.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 23693 housing prices by bedroom type for November 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 did not change, 4 bedroom homes increased by 295.2%, and 5+ bedroom homes did not change.
Housing Supply in 23693, VA
How many homes are available in 23693, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 73 | -2.7% |
Summary: The 23693 real estate market had 73 homes for sale in November 2024, a 2.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 11 | +37.5% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 37 | 33 | -10.8% |
| 5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The 23693 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 13 | -35.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 23693, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 23693 in November 2024, down by 35.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 23693, VA
How long does it take to sell a home in 23693, VA?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 35 Days | +30.2% |
Summary: Homes in 23693 had an average of 35 days on market in Nov 2024, up by 30.2% compared to last month.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 23693 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in 23693; 69% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
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