Is Crystal City, 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, Crystal City has remained a Seller's Market.
Key Takeaway
Crystal City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Crystal City, VA
How much do homes in Crystal City, VA cost?
Median Sold Price
$600,000
$534/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Crystal City have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Crystal City was $600,000 in April 2024, up 0.8% from last year, and the median price per square foot was $534.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $396.7K | $400K | +0.8% |
| 2 Bedrooms | $647K | $636.5K | -1.6% |
| 3 Bedrooms | $835K | $810K | -3.0% |
| 4 Bedrooms | $2.5M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Crystal City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Aurora Highlands | $882.5K | $1.0M | +16.7% |
| Arlington | $697.4K | $751.1K | +7.7% |
| Crystal City | $595K | $600K | +0.8% |
Housing Supply in Crystal City, VA
How many homes are available in Crystal City, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The Crystal City real estate market had 18 homes for sale in April 2024, a 5.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Crystal City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Crystal City, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Crystal City in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Crystal City, VA
How long does it take to sell a home in Crystal City, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 147 Days | 20 Days | -86.1% |
Summary: Homes in Crystal City had an average of 20 days on market in Apr 2024, down by 86.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Crystal City are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Crystal City; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
