Is Mason Neck, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mason Neck is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mason Neck has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mason Neck, VA

How much do homes in Mason Neck, VA cost?

Median Sold Price

$960,000

$214/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$218,749(+29.5%)

Key Takeaway

Homes in Mason Neck have sold for 29.5% more than they did a month ago.

Summary: The median home sold price in Mason Neck was $960,000 in November 2024, up 29.5% from last month, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $732.5K-
N/A
4 $750K-
N/A
5+ -$960K
N/A

Summary: Mason Neck housing prices by bedroom type for November 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Mason Neck
+29.5%
Harbor View
+10.6%

Housing Supply in Mason Neck, VA

How many homes are available in Mason Neck, VA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
75-28.6%

Summary: The Mason Neck real estate market had 5 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 21
-50.0%
5+ 33
0.0%

Summary: The Mason Neck housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mason Neck, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Mason Neck in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Mason Neck, VA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
4 Days7 Days+66.7%

Summary: Homes in Mason Neck had an average of 7 days on market in Nov 2024, up by 66.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Mason Neck; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Mason Neck, VA

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