Is Chantilly, VA 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, Chantilly has remained a Seller's Market.
Key Takeaway
Chantilly is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chantilly, VA
How much do homes in Chantilly, VA cost?
Median Sold Price
$727,500
$320/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Chantilly have sold for 22.9% more than they did a year ago.
Summary: The median home sold price in Chantilly was $727,500 in April 2024, up 22.9% from last year, and the median price per square foot was $320.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | $300.5K | +11.3% |
| 2 Bedrooms | $345K | $405K | +17.4% |
| 3 Bedrooms | $532.5K | $600K | +12.7% |
| 4 Bedrooms | $777.8K | $829.6K | +6.7% |
| 5+ Bedrooms | $830K | $873K | +5.2% |
Summary: Chantilly housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.3%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in Chantilly, VA
How many homes are available in Chantilly, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 | 44 | 0.0% |
Summary: The Chantilly real estate market had 44 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 14 | 20 | +42.9% |
| 4 Bedrooms | 12 | 7 | -41.7% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Chantilly 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 decreased by 16.7%, 3 bedroom homes increased by 42.9%, 4 bedroom homes decreased by 41.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chantilly, you could pay more than the asking price. 70.6% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Chantilly in April 2024, down by 5.6% month-over-month. Of the 17 sold homes, 6% were sold under asking, 24% were sold at asking, and 71% were sold over asking.
Days on Market for Chantilly, VA
How long does it take to sell a home in Chantilly, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 8 Days | -23.5% |
Summary: Homes in Chantilly had an average of 8 days on market in Apr 2024, down by 23.5% compared to last year.
Breakdown of Home Sale Times
16 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 Chantilly are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 17 homes were sold in Chantilly; 94% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
