Is Sheridan / Barry Farm / Buena Vista, DC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Sheridan / Barry Farm / Buena Vista has remained a Neutral Market.
Key Takeaway
Sheridan / Barry Farm / Buena Vista is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sheridan / Barry Farm / Buena Vista, DC
How much do homes in Sheridan / Barry Farm / Buena Vista, DC cost?
Median Sold Price
$444,000
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sheridan / Barry Farm / Buena Vista have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Sheridan / Barry Farm / Buena Vista was $444,000 in April 2024, up 2.7% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $125K | N/A |
| 2 Bedrooms | $265K | $360K | +35.8% |
| 3 Bedrooms | $450K | $472.5K | +5.0% |
| 4 Bedrooms | $537.5K | $523K | -2.7% |
| 5+ Bedrooms | - | $550K | N/A |
Summary: Sheridan / Barry Farm / Buena Vista housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.8%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Historic Anacostia | $415K | $467.5K | +12.7% |
| Sheridan / Barry Farm / Buena Vista | $432.5K | $444K | +2.7% |
| Buena Vista | $441.9K | $448.9K | +1.6% |
Housing Supply in Sheridan / Barry Farm / Buena Vista, DC
How many homes are available in Sheridan / Barry Farm / Buena Vista, DC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 27 | +12.5% |
Summary: The Sheridan / Barry Farm / Buena Vista real estate market had 27 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sheridan / Barry Farm / Buena Vista housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sheridan / Barry Farm / Buena Vista, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Sheridan / Barry Farm / Buena Vista in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Sheridan / Barry Farm / Buena Vista, DC
How long does it take to sell a home in Sheridan / Barry Farm / Buena Vista, DC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 8 Days | 23 Days | +184.8% |
Summary: Homes in Sheridan / Barry Farm / Buena Vista had an average of 23 days on market in Apr 2024, up by 184.8% compared to last year.
Breakdown of Home Sale Times
3 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 Sheridan / Barry Farm / Buena Vista are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Sheridan / Barry Farm / Buena Vista; 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.
