$5,878 Closing Credit*
$495,000
1,530 SqFt
3 Beds
•2 Full Baths, 1 Partial
Lorena S Dennehy, Listing Office: Samson Properties
Is Sully, 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, Sully has remained a Seller's Market.
Key Takeaway
Sully is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sully, VA
How much do homes in Sully, VA cost?
Median Sold Price
$697,714
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,174(+7.4%)
Key Takeaway
Homes in Sully have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Sully was $697,714 in October 2024, up 7.4% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $277.5K | $280K | +0.9% |
| 2 Bedrooms | $385K | $425K | +10.4% |
| 3 Bedrooms | $554K | $609.1K | +10.0% |
| 4 Bedrooms | $805.4K | $861.8K | +7.0% |
| 5+ Bedrooms | $1.0M | $1.1M | +7.6% |
Summary: Sully housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 7.6%.
Median Sold Price Compared To Nearby Cities
| Fairfax | $700K | $771.8K | +10.3% |
| Sully | $649.5K | $697.7K | +7.4% |
| Hunter Mill | $673.3K | $723.1K | +7.4% |
| Providence | $631.7K | $664.9K | +5.3% |
| Chantilly | $712.6K | $740.6K | +3.9% |
Housing Supply in Sully, VA
How many homes are available in Sully, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 370 | 414 | +11.9% |
Summary: The Sully real estate market had 414 homes for sale in October 2024, a 11.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 20 | +42.9% |
| 2 Bedrooms | 54 | 60 | +11.1% |
| 3 Bedrooms | 143 | 147 | +2.8% |
| 4 Bedrooms | 108 | 119 | +10.2% |
| 5+ Bedrooms | 51 | 68 | +33.3% |
Summary: The Sully housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 42.9%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 126 | 140 | +11.1% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
39 Homes Were Sold
At Asking
63 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sully, you could pay more than the asking price. 45% of homes here sold above asking price last month.
Summary: A total of 140 homes were sold or pending in Sully in October 2024, up by 11.1% month-over-month. Of the 140 sold homes, 27% were sold under asking, 28% were sold at asking, and 45% were sold over asking.
Days on Market for Sully, VA
How long does it take to sell a home in Sully, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 16 Days | -3.6% |
Summary: Homes in Sully had an average of 16 days on market in Oct 2024, down by 3.6% compared to last year.
Breakdown of Home Sale Times
121 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sully are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 140 homes were sold in Sully; 86% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
