$10,000 Closing Credit*
$2,050,000
5,974 SqFt
5 Beds
•4 Full Baths, 1 Partial
Navid Torkzadeh, Listing Office: Curatus Realty
Is Wolf Trap, 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, Wolf Trap has remained a Seller's Market.
Key Takeaway
Wolf Trap is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wolf Trap, VA
How much do homes in Wolf Trap, VA cost?
Median Sold Price
$1,266,000
$384/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$11,500(-0.9%)
Key Takeaway
Homes in Wolf Trap have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Wolf Trap was $1,266,000 in October 2024, down 0.9% from last year, and the median price per square foot was $384.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $890K | $975K | +9.6% |
| 4 Bedrooms | $1.1M | $1.1M | +6.3% |
| 5+ Bedrooms | $1.4M | $1.4M | 0.2% |
Summary: Wolf Trap housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 0.2%.
Housing Supply in Wolf Trap, VA
How many homes are available in Wolf Trap, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 35 | -7.9% |
Summary: The Wolf Trap real estate market had 35 homes for sale in October 2024, a 7.9% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 28 | 22 | -21.4% |
Summary: The Wolf Trap 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 remained the same, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wolf Trap, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Wolf Trap in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Wolf Trap, VA
How long does it take to sell a home in Wolf Trap, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 19 Days | -40.0% |
Summary: Homes in Wolf Trap had an average of 19 days on market in Oct 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wolf Trap are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Wolf Trap; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
