Is Caret, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caret is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Caret was a Neutral Market.

Key Takeaway

Caret is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Caret, VA

How much do homes in Caret, VA cost?

Median Sold Price

$350,000

$129/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$25,000(+7.7%)

Key Takeaway

Homes in Caret have sold for 7.7% more than they did a month ago.

Summary: The median home sold price in Caret was $350,000 in October 2024, up 7.7% from last month, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $325K-
N/A
5+ -$350K
N/A

Summary: Caret 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Caret, VA

How many homes are available in Caret, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The Caret real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 01
+100.0%
4 21
-50.0%
5+ 44
0.0%

Summary: The Caret 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 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Caret, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Caret in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Caret, VA

How long does it take to sell a home in Caret, VA?

Average Sale Time

Sep 2024Oct 2024CHANGE
6 Days10 Days+66.7%

Summary: Homes in Caret had an average of 10 days on market in Oct 2024, up by 66.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Caret are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Caret; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Caret, VA

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