$299,000
1.19 Acres
Land
Paula Jean J Cole, Listing Office: Coldwell Banker Realty
Is Catoctin, 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, Catoctin has remained a Seller's Market.
Key Takeaway
Catoctin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Catoctin, VA
How much do homes in Catoctin, VA cost?
Median Sold Price
$843,166
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$42,081(+5.3%)
Key Takeaway
Homes in Catoctin have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Catoctin was $843,166 in November 2024, up 5.3% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $310K | +8.8% |
| 2 Bedrooms | $451.2K | $438.5K | -2.8% |
| 3 Bedrooms | $628K | $640K | +1.9% |
| 4 Bedrooms | $855K | $875K | +2.3% |
| 5+ Bedrooms | $1.0M | $1.2M | +11.7% |
Summary: Catoctin housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 11.7%.
Housing Supply in Catoctin, VA
How many homes are available in Catoctin, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 180 | 173 | -3.9% |
Summary: The Catoctin real estate market had 173 homes for sale in November 2024, a 3.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 19 | 14 | -26.3% |
| 3 Bedrooms | 40 | 33 | -17.5% |
| 4 Bedrooms | 66 | 71 | +7.6% |
| 5+ Bedrooms | 53 | 53 | 0.0% |
Summary: The Catoctin housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.3%, 3 bedroom homes decreased by 17.5%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 57 | 0.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Catoctin, you may be able to get a good deal. 43.9% of homes here sold below asking price last month.
Summary: A total of 57 homes were sold or pending in Catoctin in November 2024, the same as the previous month. Of the 57 sold homes, 44% were sold under asking, 26% were sold at asking, and 30% were sold over asking.
Days on Market for Catoctin, VA
How long does it take to sell a home in Catoctin, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 25 Days | -10.9% |
Summary: Homes in Catoctin had an average of 25 days on market in Nov 2024, down by 10.9% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Catoctin are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 57 homes were sold in Catoctin; 72% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
