Is Lovettsville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Lovettsville has remained a Buyer's Market.
Housing Prices in Lovettsville, VA
How much do homes in Lovettsville, VA cost?
Median Sold Price
$730,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Lovettsville was $730,000 in February 2024, up 21.2% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $451.2K | N/A |
3 Bedrooms | $464K | $690K | +48.7% |
4 Bedrooms | $610K | $750K | +23.0% |
5+ Bedrooms | $725K | $782.5K | +7.9% |
Summary: Lovettsville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 48.7%, 4 bedroom homes increased by 23%, and 5+ bedroom homes increased by 7.9%.
Median Sold Price Compared To Nearby Cities
Lovettsville | $602.5K | $730K | +21.2% |
Catoctin | $793.3K | $819.1K | +3.3% |
Housing Supply in Lovettsville, VA
How many homes are available in Lovettsville, VA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
40 | 45 | +12.5% |
Summary: The Lovettsville real estate market had 45 homes for sale in February 2024, a 12.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 20 | 21 | +5.0% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Lovettsville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
1 | 6 | +500.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Lovettsville in February 2024, up by 500.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Lovettsville, VA
How long does it take to sell a home in Lovettsville, VA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
41 Days | 8 Days | -78.5% |
Summary: Homes in Lovettsville had an average of 8 days on market in Feb 2024, down by 78.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 6 homes were sold in Lovettsville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.