Is 20132, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 20132 has remained a Neutral Market.
Key Takeaway
20132 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 20132, VA
How much do homes in 20132, VA cost?
Median Sold Price
$787,500
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 20132 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 20132 was $787,500 in March 2024, up 7.1% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $512.5K | $556.5K | +8.6% |
| 3 Bedrooms | $549.9K | $610K | +10.9% |
| 4 Bedrooms | $790K | $850K | +7.6% |
| 5+ Bedrooms | $840K | $1.0M | +19.0% |
Summary: 20132 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 19%.
Housing Supply in 20132, VA
How many homes are available in 20132, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 99 | 106 | +7.1% |
Summary: The 20132 real estate market had 106 homes for sale in March 2024, a 7.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 48 | 51 | +6.3% |
| 5+ Bedrooms | 28 | 31 | +10.7% |
Summary: The 20132 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 10.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 17 | +88.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 20132, you could pay more than the asking price. 52.9% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 20132 in March 2024, up by 88.9% month-over-month. Of the 17 sold homes, 24% were sold under asking, 24% were sold at asking, and 53% were sold over asking.
Days on Market for 20132, VA
How long does it take to sell a home in 20132, VA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 19 Days | 15 Days | -22.8% |
Summary: Homes in 20132 had an average of 15 days on market in Mar 2024, down by 22.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 20132 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 17 homes were sold in 20132; 88% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
