Is North Rosslyn, 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, North Rosslyn has remained a Seller's Market.
Key Takeaway
North Rosslyn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Rosslyn, VA
How much do homes in North Rosslyn, VA cost?
Median Sold Price
$860,000
$690/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North Rosslyn have sold for 13.5% less than they did a year ago.
Summary: The median home sold price in North Rosslyn was $860,000 in April 2024, down 13.5% from last year, and the median price per square foot was $690.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | $499K | -0.2% |
| 2 Bedrooms | $975K | $950K | -2.6% |
| 3 Bedrooms | $1.2M | $2.3M | +84.2% |
| 4 Bedrooms | $1.5M | $4.0M | +166.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: North Rosslyn housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.2%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 84.2%, 4 bedroom homes increased by 166.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| North Highlands | $300K | $382.5K | +27.5% |
| Arlington | $697.4K | $751.1K | +7.7% |
| Radnor / Ft. Myer Heights | $438.5K | $460K | +4.9% |
| North Rosslyn | $994.5K | $860K | -13.5% |
Housing Supply in North Rosslyn, VA
How many homes are available in North Rosslyn, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 25 | -10.7% |
Summary: The North Rosslyn real estate market had 25 homes for sale in April 2024, a 10.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 7 | -22.2% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Rosslyn housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Rosslyn, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in North Rosslyn in April 2024, down by 11.1% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for North Rosslyn, VA
How long does it take to sell a home in North Rosslyn, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 62 Days | 72 Days | +16.1% |
Summary: Homes in North Rosslyn had an average of 72 days on market in Apr 2024, up by 16.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Rosslyn are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in North Rosslyn; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
