Is Catoctin, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
At the same time last year, Catoctin was a Seller's Market.
Key Takeaway
Catoctin is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
How much do homes in Catoctin, VA cost?
Median Sold Price
$789,875
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Key Takeaway
Homes in Catoctin have sold for 9.6% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | $235K | $270K | +14.9% |
| 2 Bedrooms | $355.5K | $365K | +2.7% |
| 3 Bedrooms | $536K | $567.4K | +5.9% |
| 4 Bedrooms | $745K | $825K | +10.7% |
| 5+ Bedrooms | $925K | $1.0M | +13.5% |
How many homes are available in Catoctin, VA?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 198 | 207 | +4.5% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 6 | -45.5% |
| 3 Bedrooms | 51 | 42 | -17.6% |
| 4 Bedrooms | 75 | 92 | +22.7% |
| 5+ Bedrooms | 60 | 66 | +10.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 32 | 31 | -3.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Catoctin, you may be able to get a good deal. 51.6% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 16 Days | 35 Days | +115.2% |
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Catoctin are selling fast, if you're buying plan to act quickly.
