$1,602 Closing Credit*
$134,900
846 SqFt
2 Beds
•1 Full Bath
David A Sherbow, Listing Office: VYBE Realty
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 September 2023
Since last year, Sheridan / Barry Farm / Buena Vista has remained a Buyer's Market.
Key Takeaway
Sheridan / Barry Farm / Buena Vista is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sheridan / Barry Farm / Buena Vista, DC
How much do homes in Sheridan / Barry Farm / Buena Vista, DC cost?
Median Sold Price
$429,900
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$5,100(-1.2%)
Key Takeaway
Homes in Sheridan / Barry Farm / Buena Vista have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Sheridan / Barry Farm / Buena Vista was $429,900 in September 2024, down 1.2% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | - | N/A |
| 2 Bedrooms | $270K | $200K | -25.9% |
| 3 Bedrooms | $455K | $472K | +3.7% |
| 4 Bedrooms | $528.4K | $475K | -10.1% |
| 5+ Bedrooms | - | $557.5K | N/A |
Summary: Sheridan / Barry Farm / Buena Vista housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 25.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Buena Vista | $440K | $489K | +11.1% |
| Sheridan / Barry Farm / Buena Vista | $435K | $429.9K | -1.2% |
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
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 22 | 30 | +36.4% |
Summary: The Sheridan / Barry Farm / Buena Vista real estate market had 30 homes for sale in September 2024, a 36.4% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 8 | 11 | +37.5% |
| 3 Bedrooms | 2 | 5 | +150.0% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Sheridan / Barry Farm / Buena Vista housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was 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 2 homes were sold or pending in Sheridan / Barry Farm / Buena Vista in September 2024, up by 100.0% month-over-month. Of the 2 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 67 Days | 36 Days | -45.5% |
Summary: Homes in Sheridan / Barry Farm / Buena Vista had an average of 36 days on market in Sep 2024, down by 45.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was 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 September 2024, 2 homes were sold in Sheridan / Barry Farm / Buena Vista; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
