Is Dulles, 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, Dulles has remained a Seller's Market.
Key Takeaway
Dulles is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dulles, VA
How much do homes in Dulles, VA cost?
Median Sold Price
$771,657
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Dulles have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Dulles was $771,657 in April 2024, up 4.4% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $306K | +5.5% |
| 2 Bedrooms | $415K | $435K | +4.8% |
| 3 Bedrooms | $586.6K | $625K | +6.5% |
| 4 Bedrooms | $872.6K | $876.6K | 0.5% |
| 5+ Bedrooms | $1.1M | $1.2M | +7.4% |
Summary: Dulles housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 7.4%.
Housing Supply in Dulles, VA
How many homes are available in Dulles, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 311 | 419 | +34.7% |
Summary: The Dulles real estate market had 419 homes for sale in April 2024, a 34.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 20 | 18 | -10.0% |
| 3 Bedrooms | 115 | 162 | +40.9% |
| 4 Bedrooms | 101 | 132 | +30.7% |
| 5+ Bedrooms | 72 | 104 | +44.4% |
Summary: The Dulles 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 10%, 3 bedroom homes increased by 40.9%, 4 bedroom homes increased by 30.7%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 111 | 135 | +21.6% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
88 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dulles, you could pay more than the asking price. 65.2% of homes here sold above asking price last month.
Summary: A total of 135 homes were sold or pending in Dulles in April 2024, up by 21.6% month-over-month. Of the 135 sold homes, 17% were sold under asking, 18% were sold at asking, and 65% were sold over asking.
Days on Market for Dulles, VA
How long does it take to sell a home in Dulles, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 11 Days | -16.5% |
Summary: Homes in Dulles had an average of 11 days on market in Apr 2024, down by 16.5% compared to last year.
Breakdown of Home Sale Times
126 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dulles are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 135 homes were sold in Dulles; 93% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
