Is Pimmit Hills, 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, Pimmit Hills has remained a Seller's Market.
Housing Prices in Pimmit Hills, VA
How much do homes in Pimmit Hills, VA cost?
Median Sold Price
$1,139,500
$359/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pimmit Hills was $1,139,500 in April 2024, up 21.9% from last year, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $1.0M | N/A |
3 Bedrooms | $702.5K | $750K | +6.8% |
4 Bedrooms | $869K | $985.5K | +13.4% |
5+ Bedrooms | $1.6M | $1.6M | +2.0% |
Summary: Pimmit Hills housing prices by bedroom type for April 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 6.8%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Neighborhoods
Pimmit Hills | $935K | $1.1M | +21.9% |
The Colonies | $325.7K | $325K | -0.2% |
Housing Supply in Pimmit Hills, VA
How many homes are available in Pimmit Hills, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 19 | -5.0% |
Summary: The Pimmit Hills real estate market had 19 homes for sale in April 2024, a 5.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 2 | -50.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Pimmit Hills 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Pimmit Hills in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Pimmit Hills, VA
How long does it take to sell a home in Pimmit Hills, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 8 Days | -64.3% |
Summary: Homes in Pimmit Hills had an average of 8 days on market in Apr 2024, down by 64.3% 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 April 2024, 6 homes were sold in Pimmit Hills; 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.