$10,000 Closing Credit*
$1,650,000
3,216 SqFt
6 Beds
•7 Full Baths, 2 Partial
Yvette E Lawless, Listing Office: Samson Properties
Is Mason, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mason has remained a Seller's Market.
Key Takeaway
Mason is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mason, VA
How much do homes in Mason, VA cost?
Median Sold Price
$706,275
$340/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$49,025(+7.5%)
Key Takeaway
Homes in Mason have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Mason was $706,275 in November 2024, up 7.5% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $250K | $267.5K | +7.0% |
| 2 Bedrooms | $375K | $391K | +4.3% |
| 3 Bedrooms | $650K | $680K | +4.6% |
| 4 Bedrooms | $775K | $859K | +10.8% |
| 5+ Bedrooms | $945K | $1.0M | +10.3% |
Summary: Mason housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Cities
| Braddock | $689.2K | $755K | +9.5% |
| Alexandria | $622.3K | $671.4K | +7.9% |
| Mason | $657.2K | $706.2K | +7.5% |
| Falls Church | $700.2K | $752.9K | +7.5% |
| Falls Church | $709.4K | $750.7K | +5.8% |
Housing Supply in Mason, VA
How many homes are available in Mason, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 210 | 211 | 0.5% |
Summary: The Mason real estate market had 211 homes for sale in November 2024, a 0.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 39 | 26 | -33.3% |
| 2 Bedrooms | 40 | 50 | +25.0% |
| 3 Bedrooms | 55 | 49 | -10.9% |
| 4 Bedrooms | 46 | 46 | 0.0% |
| 5+ Bedrooms | 30 | 40 | +33.3% |
Summary: The Mason housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 65 | -9.7% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mason, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 65 homes were sold or pending in Mason in November 2024, down by 9.7% month-over-month. Of the 65 sold homes, 40% were sold under asking, 14% were sold at asking, and 46% were sold over asking.
Days on Market for Mason, VA
How long does it take to sell a home in Mason, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 21 Days | +21.6% |
Summary: Homes in Mason had an average of 21 days on market in Nov 2024, up by 21.6% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mason are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 65 homes were sold in Mason; 74% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
