$6,234 Closing Credit*
$525,000
871 SqFt
1 Bed
•1 Full Bath
MOTI SHIFERAW, Listing Office: Keller Williams Capital Properties
Is Crystal City, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Crystal City was a Neutral Market.
Key Takeaway
Crystal City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crystal City, VA
How much do homes in Crystal City, VA cost?
Median Sold Price
$634,500
$532/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,500(+8.5%)
Key Takeaway
Homes in Crystal City have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in Crystal City was $634,500 in October 2024, up 8.5% from last year, and the median price per square foot was $532.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $396K | $410K | +3.5% |
| 2 Bedrooms | $624.9K | $637K | +1.9% |
| 3 Bedrooms | $795K | $950K | +19.5% |
| 4 Bedrooms | $2.5M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Crystal City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 19.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Aurora Highlands | $881.2K | $1.0M | +23.7% |
| Crystal City | $585K | $634.5K | +8.5% |
| Arlington | $719.9K | $766.6K | +6.5% |
Housing Supply in Crystal City, VA
How many homes are available in Crystal City, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The Crystal City real estate market had 18 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Crystal City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crystal City, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Crystal City in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Crystal City, VA
How long does it take to sell a home in Crystal City, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 32 Days | -53.8% |
Summary: Homes in Crystal City had an average of 32 days on market in Oct 2024, down by 53.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Crystal City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Crystal City; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
