$5,047 Closing Credit*
$425,000
1,714 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kateland Rich Flinn, Listing Office: CENTURY 21 New Millennium
Is Remington, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Remington has remained a Seller's Market.
Key Takeaway
Remington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Remington, VA
How much do homes in Remington, VA cost?
Median Sold Price
$720,000
$331/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$280,000(+63.6%)
Key Takeaway
Homes in Remington have sold for 63.6% more than they did a month ago.
Summary: The median home sold price in Remington was $720,000 in October 2024, up 63.6% from last month, and the median price per square foot was $331.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $440K | $720K | +63.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $555K | N/A |
Summary: Remington 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 increased by 63.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Remington, VA
How many homes are available in Remington, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Summary: The Remington real estate market had 14 homes for sale in October 2024, a 55.6% 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 | 1 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Remington 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 remained the same, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Remington, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Remington in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Remington, VA
How long does it take to sell a home in Remington, VA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 8 Days | -40.5% |
Summary: Homes in Remington had an average of 8 days on market in Oct 2024, down by 40.5% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Remington are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Remington; 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.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.