Is Coles, 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, Coles has remained a Seller's Market.
Housing Prices in Coles, VA
How much do homes in Coles, VA cost?
Median Sold Price
$589,950
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Coles was $589,950 in March 2024, up 5.4% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $320K | $385K | +20.3% |
3 Bedrooms | $460K | $485K | +5.4% |
4 Bedrooms | $605K | $633.6K | +4.7% |
5+ Bedrooms | $760K | $760K | 0.0% |
Summary: Coles 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 20.3%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Manassas | $475K | $508.5K | +7.1% |
Neabsco | $415K | $438.6K | +5.7% |
Coles | $559.4K | $589.9K | +5.4% |
Springfield | $686.5K | $719.5K | +4.8% |
Brentsville | $618.7K | $646.8K | +4.5% |
Housing Supply in Coles, VA
How many homes are available in Coles, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
210 | 213 | +1.4% |
Summary: The Coles real estate market had 213 homes for sale in March 2024, a 1.4% 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 | 9 | 5 | -44.4% |
3 Bedrooms | 43 | 45 | +4.7% |
4 Bedrooms | 88 | 94 | +6.8% |
5+ Bedrooms | 70 | 69 | -1.4% |
Summary: The Coles 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 44.4%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 1.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 39 | -20.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Coles in March 2024, down by 20.4% month-over-month. Of the 39 sold homes, 15% were sold under asking, 28% were sold at asking, and 56% were sold over asking.
Days on Market for Coles, VA
How long does it take to sell a home in Coles, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 12 Days | -53.3% |
Summary: Homes in Coles had an average of 12 days on market in Mar 2024, down by 53.3% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 39 homes were sold in Coles; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.