$6,234 Closing Credit*
$525,000
1,574 SqFt
4 Beds
•3 Full Baths, 1 Partial
Vie Nguyen, Listing Office: Pearson Smith Realty, LLC
Is Chantilly, 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, Chantilly has remained a Seller's Market.
Key Takeaway
Chantilly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chantilly, VA
How much do homes in Chantilly, VA cost?
Median Sold Price
$740,677
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,020(+3.9%)
Key Takeaway
Homes in Chantilly have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Chantilly was $740,677 in October 2024, up 3.9% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $311K | +15.2% |
| 2 Bedrooms | $384.5K | $397.4K | +3.4% |
| 3 Bedrooms | $590K | $636.4K | +7.9% |
| 4 Bedrooms | $835K | $893.2K | +7.0% |
| 5+ Bedrooms | $1.0M | $1.1M | +10.6% |
Summary: Chantilly housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.2%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Cities
| Sully | $649.5K | $697.7K | +7.4% |
| Gainesville | $585.6K | $625.9K | +6.9% |
| Dulles | $760.1K | $793.3K | +4.4% |
| Chantilly | $712.6K | $740.6K | +3.9% |
Housing Supply in Chantilly, VA
How many homes are available in Chantilly, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 104 | 109 | +4.8% |
Summary: The Chantilly real estate market had 109 homes for sale in October 2024, a 4.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 51 | 45 | -11.8% |
| 4 Bedrooms | 31 | 37 | +19.4% |
| 5+ Bedrooms | 12 | 18 | +50.0% |
Summary: The Chantilly 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 decreased by 12.5%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 30 | -28.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chantilly, you may be able to get a good deal. 36.7% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Chantilly in October 2024, down by 28.6% month-over-month. Of the 30 sold homes, 37% were sold under asking, 30% were sold at asking, and 33% were sold over asking.
Days on Market for Chantilly, VA
How long does it take to sell a home in Chantilly, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 19 Days | +42.2% |
Summary: Homes in Chantilly had an average of 19 days on market in Oct 2024, up by 42.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chantilly are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in Chantilly; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright © 2024 REIN, Inc - All Rights Reserved. Information Deemed Reliable But Not Guaranteed.