$10,000 Closing Credit*
$850,000
2,576 SqFt
4 Beds
•2 Full Baths, 1 Partial
Paul G Bedewi, Listing Office: Keller Williams Realty
Is Catoctin, VA 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, Catoctin has remained a Seller's Market.
Key Takeaway
Catoctin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Catoctin, VA
How much do homes in Catoctin, VA cost?
Median Sold Price
$833,342
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$30,009(+3.7%)
Key Takeaway
Homes in Catoctin have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Catoctin was $833,342 in September 2024, up 3.7% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $307.5K | +9.8% |
| 2 Bedrooms | $452.5K | $447.4K | -1.1% |
| 3 Bedrooms | $617.5K | $650K | +5.3% |
| 4 Bedrooms | $846.8K | $875K | +3.3% |
| 5+ Bedrooms | $1.0M | $1.2M | +11.5% |
Summary: Catoctin housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 11.5%.
Housing Supply in Catoctin, VA
How many homes are available in Catoctin, VA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 191 | 212 | +11.0% |
Summary: The Catoctin real estate market had 212 homes for sale in September 2024, a 11.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 11 | 19 | +72.7% |
| 3 Bedrooms | 44 | 45 | +2.3% |
| 4 Bedrooms | 69 | 77 | +11.6% |
| 5+ Bedrooms | 64 | 66 | +3.1% |
Summary: The Catoctin housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 72.7%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 3.1%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 61 | 54 | -11.5% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Catoctin, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in Catoctin in September 2024, down by 11.5% month-over-month. Of the 54 sold homes, 39% were sold under asking, 33% were sold at asking, and 28% were sold over asking.
Days on Market for Catoctin, VA
How long does it take to sell a home in Catoctin, VA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 32 Days | 19 Days | -41.6% |
Summary: Homes in Catoctin had an average of 19 days on market in Sep 2024, down by 41.6% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Catoctin are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 54 homes were sold in Catoctin; 83% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
