$8,906 Closing Credit*
$750,000
2,764 SqFt
3 Beds
•3 Full Baths, 1 Partial
Kamal Parakh, Listing Office: Samson Properties
Is Stone Ridge, 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, Stone Ridge has remained a Seller's Market.
Key Takeaway
Stone Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stone Ridge, VA
How much do homes in Stone Ridge, VA cost?
Median Sold Price
$650,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,000(+10.2%)
Key Takeaway
Homes in Stone Ridge have sold for 10.2% more than they did a year ago.
Summary: The median home sold price in Stone Ridge was $650,000 in November 2024, up 10.2% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $322.1K | N/A |
| 2 Bedrooms | $393.7K | $425K | +7.9% |
| 3 Bedrooms | $535K | $565K | +5.6% |
| 4 Bedrooms | $807.5K | $851K | +5.4% |
| 5+ Bedrooms | $970K | $1.1M | +23.2% |
Summary: Stone Ridge housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 23.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Stone Ridge North | $565K | $688K | +21.8% |
| Stone Ridge | $590K | $650K | +10.2% |
Housing Supply in Stone Ridge, VA
How many homes are available in Stone Ridge, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 31 | -13.9% |
Summary: The Stone Ridge real estate market had 31 homes for sale in November 2024, a 13.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 6 | 3 | -50.0% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Stone Ridge 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 increased by 33.3%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 10 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stone Ridge, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Stone Ridge in November 2024, down by 37.5% month-over-month. Of the 10 sold homes, 20% were sold under asking, 50% were sold at asking, and 30% were sold over asking.
Days on Market for Stone Ridge, VA
How long does it take to sell a home in Stone Ridge, VA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 12 Days | -62.3% |
Summary: Homes in Stone Ridge had an average of 12 days on market in Nov 2024, down by 62.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stone Ridge are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Stone Ridge; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
