$8,906 Closing Credit*
$750,000
1,176 SqFt
4 Beds
•3 Full Baths
Ellen M McRae, Listing Office: Samson Properties
Is Dunn Loring, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Dunn Loring has remained a Seller's Market.
Key Takeaway
Dunn Loring is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dunn Loring, VA
How much do homes in Dunn Loring, VA cost?
Median Sold Price
$982,500
$393/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$35,000(+3.7%)
Key Takeaway
Homes in Dunn Loring have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Dunn Loring was $982,500 in December 2024, up 3.7% from last year, and the median price per square foot was $393.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $550K | - | N/A |
| 3 Bedrooms | $820K | $873K | +6.5% |
| 4 Bedrooms | $901.2K | $975K | +8.2% |
| 5+ Bedrooms | $1.2M | $1.3M | +6.4% |
Summary: Dunn Loring housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 6.4%.
Housing Supply in Dunn Loring, VA
How many homes are available in Dunn Loring, VA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 18 | 26 | +44.4% |
Summary: The Dunn Loring real estate market had 26 homes for sale in December 2024, a 44.4% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 6 | 13 | +116.7% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Dunn Loring housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 116.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 10 | +233.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dunn Loring, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Dunn Loring in December 2024, up by 233.3% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Dunn Loring, VA
How long does it take to sell a home in Dunn Loring, VA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 39 Days | 19 Days | -52.0% |
Summary: Homes in Dunn Loring had an average of 19 days on market in Dec 2024, down by 52% compared to last year.
Breakdown of Home Sale Times
7 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 Dunn Loring are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 10 homes were sold in Dunn Loring; 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.
