$10,000 Closing Credit*
$940,000
4,477 SqFt
3 Beds
•3 Full Baths, 1 Partial
Kathryn L Shipley, Listing Office: RE/MAX Executives
Is Lovettsville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lovettsville was a Seller's Market.
Key Takeaway
Lovettsville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lovettsville, VA
How much do homes in Lovettsville, VA cost?
Median Sold Price
$810,000
$221/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$194,250(+31.5%)
Key Takeaway
Homes in Lovettsville have sold for 31.5% more than they did a month ago.
Summary: The median home sold price in Lovettsville was $810,000 in October 2024, up 31.5% from last month, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $470K | N/A |
| 3 Bedrooms | $600K | - | N/A |
| 4 Bedrooms | $802.5K | $999.9K | +24.6% |
| 5+ Bedrooms | $802.7K | $810K | +0.9% |
Summary: Lovettsville housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes increased by 0.9%.
Housing Supply in Lovettsville, VA
How many homes are available in Lovettsville, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 30 | +50.0% |
Summary: The Lovettsville real estate market had 30 homes for sale in October 2024, a 50.0% increase 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 5 | 11 | +120.0% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Lovettsville 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 200%, 3 bedroom homes increased by 120%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lovettsville, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Lovettsville in October 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Lovettsville, VA
How long does it take to sell a home in Lovettsville, VA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 52 Days | +118.9% |
Summary: Homes in Lovettsville had an average of 52 days on market in Oct 2024, up by 118.9% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lovettsville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Lovettsville; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
