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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dulles is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Dulles has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Dulles, VA

How much do homes in Dulles, VA cost?

Median Sold Price

$795,919

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,859(+4.6%)

Key Takeaway

Homes in Dulles have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Dulles was $795,919 in November 2024, up 4.6% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $305K$310K
+1.7%
2 $423.7K$458K
+8.1%
3 $603.6K$645K
+6.8%
4 $865K$920K
+6.4%
5+ $1.1M$1.2M
+9.1%

Summary: Dulles housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 9.1%.

Median Sold Price Compared To Nearby Cities

Sterling
+7.8%
Chantilly
+5.3%
Dulles
+4.6%
Aldie
+4.0%
Broad Run
-0.5%

Housing Supply in Dulles, VA

How many homes are available in Dulles, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
371304-18.1%

Summary: The Dulles real estate market had 304 homes for sale in November 2024, a 18.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 68
+33.3%
2 3233
+3.1%
3 170142
-16.5%
4 9972
-27.3%
5+ 6449
-23.4%

Summary: The Dulles housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 23.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
152100-34.2%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

37 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dulles, you may be able to get a good deal. 37.4% of homes here sold below asking price last month.

Summary: A total of 100 homes were sold or pending in Dulles in November 2024, down by 34.2% month-over-month. Of the 99 sold homes, 37% were sold under asking, 25% were sold at asking, and 37% were sold over asking.

Days on Market for Dulles, VA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days16 Days+1.1%

Summary: Homes in Dulles had an average of 16 days on market in Nov 2024, up by 1.1% compared to last year.

Breakdown of Home Sale Times

82 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 100 homes were sold in Dulles; 82% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 1% 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 2 Days Ago

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