$52,000
5.48 Acres
Land
BETH ANN BOONE, Listing Office: HOWARD HANNA ROY WHEELER REALTY - ZION CROSSROADS
Is Stanardsville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Stanardsville was a Seller's Market.
Key Takeaway
Stanardsville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Stanardsville, VA
How much do homes in Stanardsville, VA cost?
Median Sold Price
$325,000
$290/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
-$282,500(-46.5%)
Key Takeaway
Homes in Stanardsville have sold for 46.5% less than they did a month ago.
Summary: The median home sold price in Stanardsville was $325,000 in August 2024, down 46.5% from last month, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $271.2K | $282K | +4.0% |
| 3 Bedrooms | $680K | $425K | -37.5% |
| 4 Bedrooms | $700K | - | N/A |
| 5+ Bedrooms | $645K | - | N/A |
Summary: Stanardsville housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Stanardsville, VA
How many homes are available in Stanardsville, VA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 26 | 28 | +7.7% |
Summary: The Stanardsville real estate market had 28 homes for sale in August 2024, a 7.7% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 11 | 16 | +45.5% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 3 | 0 | -100.0% |
Summary: The Stanardsville housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 45.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Stanardsville, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Stanardsville in August 2024, down by 62.5% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Stanardsville, VA
How long does it take to sell a home in Stanardsville, VA?
Average Sale Time
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 40 Days | 20 Days | -50.1% |
Summary: Homes in Stanardsville had an average of 20 days on market in Aug 2024, down by 50.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Stanardsville are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 3 homes were sold in Stanardsville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.