$10,000 Closing Credit*
$1,350,000
1,754 SqFt
2 Beds
•2 Full Baths
Joan Wolf, Listing Office: Gerlach real estate, inc.
Is North Rosslyn, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, North Rosslyn has remained a Seller's Market.
Key Takeaway
North Rosslyn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Rosslyn, VA
How much do homes in North Rosslyn, VA cost?
Median Sold Price
$880,000
$670/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$8,500(-1.0%)
Key Takeaway
Homes in North Rosslyn have sold for 1% less than they did a year ago.
Summary: The median home sold price in North Rosslyn was $880,000 in October 2024, down 1% from last year, and the median price per square foot was $670.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $510K | $508K | -0.4% |
| 2 Bedrooms | $1.1M | $1.1M | +8.6% |
| 3 Bedrooms | $1.3M | $2.2M | +59.4% |
| 4 Bedrooms | $1.5M | $2.1M | +38.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: North Rosslyn housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 59.4%, 4 bedroom homes increased by 38.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Radnor / Ft. Myer Heights | $445K | $552.5K | +24.2% |
| Arlington | $719.9K | $766.6K | +6.5% |
| North Rosslyn | $888.5K | $880K | -1.0% |
| North Highlands | $349.9K | $340K | -2.8% |
Housing Supply in North Rosslyn, VA
How many homes are available in North Rosslyn, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 18 | +12.5% |
Summary: The North Rosslyn real estate market had 18 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 7 | -22.2% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Rosslyn housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Rosslyn, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in North Rosslyn in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for North Rosslyn, VA
How long does it take to sell a home in North Rosslyn, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 57 Days | +10.9% |
Summary: Homes in North Rosslyn had an average of 57 days on market in Oct 2024, up by 10.9% compared to last year.
Breakdown of Home Sale Times
4 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 North Rosslyn are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in North Rosslyn; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
