$10,000 Closing Credit*
$1,989,900
4,501 SqFt
4 Beds
•3 Full Baths, 1 Partial
Wentong Chen, Listing Office: Libra Realty, LLC
Is Wolf Trap, 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, 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
$1,270,000
$382/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,000(-0.8%)
Key Takeaway
Homes in Wolf Trap have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Wolf Trap was $1,270,000 in November 2024, down 0.8% from last year, and the median price per square foot was $382.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $890K | $987.5K | +11.0% |
| 4 Bedrooms | $1.1M | $1.2M | +9.1% |
| 5+ Bedrooms | $1.4M | $1.4M | -2.9% |
Summary: Wolf Trap 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 did not change, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 2.9%.
Housing Supply in Wolf Trap, VA
How many homes are available in Wolf Trap, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 29 | -9.4% |
Summary: The Wolf Trap real estate market had 29 homes for sale in November 2024, a 9.4% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 12 | 8 | -33.3% |
| 5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The Wolf Trap 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wolf Trap, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Wolf Trap in November 2024, up by 12.5% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 11 Days | -71.7% |
Summary: Homes in Wolf Trap had an average of 11 days on market in Nov 2024, down by 71.7% compared to last year.
Breakdown of Home Sale Times
9 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 Wolf Trap are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Wolf Trap; 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.
