Is Clarendon / Courthouse, 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, Clarendon / Courthouse has remained a Seller's Market.
Key Takeaway
Clarendon / Courthouse is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clarendon / Courthouse, VA
How much do homes in Clarendon / Courthouse, VA cost?
Median Sold Price
$607,500
$647/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Clarendon / Courthouse have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in Clarendon / Courthouse was $607,500 in April 2024, down 1.6% from last year, and the median price per square foot was $647.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $492.5K | $492K | -0.1% |
| 2 Bedrooms | $637.5K | $670.2K | +5.1% |
| 3 Bedrooms | $1.0M | $1.1M | +12.1% |
| 4 Bedrooms | $1.4M | $1.3M | -6.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Clarendon / Courthouse housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.1%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Ballston / Virginia Square | $499.9K | $535K | +7.0% |
| Radnor / Ft. Myer Heights | $438.5K | $460K | +4.9% |
| Clarendon / Courthouse | $617.5K | $607.5K | -1.6% |
| Lyon Village | $2.0M | $1.9M | -6.9% |
| Colonial Village | $364.9K | $325K | -11.0% |
Housing Supply in Clarendon / Courthouse, VA
How many homes are available in Clarendon / Courthouse, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 34 | +47.8% |
Summary: The Clarendon / Courthouse real estate market had 34 homes for sale in April 2024, a 47.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 16 | +45.5% |
| 2 Bedrooms | 8 | 12 | +50.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Clarendon / Courthouse housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 45.5%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 12 | +200.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clarendon / Courthouse, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Clarendon / Courthouse in April 2024, up by 200.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 8% were sold at asking, and 33% were sold over asking.
Days on Market for Clarendon / Courthouse, VA
How long does it take to sell a home in Clarendon / Courthouse, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 12 Days | 28 Days | +132.5% |
Summary: Homes in Clarendon / Courthouse had an average of 28 days on market in Apr 2024, up by 132.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Clarendon / Courthouse are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Clarendon / Courthouse; 67% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
