$4,156 Closing Credit*
$349,950
1,296 SqFt
4 Beds
•2 Full Baths
Mike Boone, Listing Office: Boone Residential LLC
Is Cold Harbor, 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, Cold Harbor has remained a Seller's Market.
Key Takeaway
Cold Harbor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cold Harbor, VA
How much do homes in Cold Harbor, VA cost?
Median Sold Price
$459,500
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$54,525(+13.5%)
Key Takeaway
Homes in Cold Harbor have sold for 13.5% more than they did a year ago.
Summary: The median home sold price in Cold Harbor was $459,500 in October 2024, up 13.5% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $262.5K | $295K | +12.4% |
| 3 Bedrooms | $360K | $385K | +6.9% |
| 4 Bedrooms | $419.5K | $489.5K | +16.7% |
| 5+ Bedrooms | $529.9K | $638.3K | +20.4% |
Summary: Cold Harbor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 20.4%.
Housing Supply in Cold Harbor, VA
How many homes are available in Cold Harbor, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 86 | 83 | -3.5% |
Summary: The Cold Harbor real estate market had 83 homes for sale in October 2024, a 3.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 36 | 28 | -22.2% |
| 4 Bedrooms | 30 | 35 | +16.7% |
| 5+ Bedrooms | 20 | 19 | -5.0% |
Summary: The Cold Harbor 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 increased by 100%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cold Harbor, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in Cold Harbor in October 2024, the same as the previous month. Of the 24 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Cold Harbor, VA
How long does it take to sell a home in Cold Harbor, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 28 Days | +194.7% |
Summary: Homes in Cold Harbor had an average of 28 days on market in Oct 2024, up by 194.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cold Harbor are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 24 homes were sold in Cold Harbor; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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