Is Sugarland Run, 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, Sugarland Run has remained a Seller's Market.
Housing Prices in Sugarland Run, VA
How much do homes in Sugarland Run, VA cost?
Median Sold Price
$628,750
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sugarland Run was $628,750 in April 2024, up 4.7% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $405K | $410K | +1.2% |
3 Bedrooms | $545K | $575K | +5.5% |
4 Bedrooms | $667.5K | $691K | +3.5% |
5+ Bedrooms | $925K | $899K | -2.8% |
Summary: Sugarland Run 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 increased by 1.2%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Cities
Dranesville | $1.1M | $1.2M | +9.8% |
Potomac | $555K | $583.5K | +5.1% |
Sugarland Run | $600.5K | $628.7K | +4.7% |
Housing Supply in Sugarland Run, VA
How many homes are available in Sugarland Run, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 58 | +28.9% |
Summary: The Sugarland Run real estate market had 58 homes for sale in April 2024, a 28.9% increase 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 | 1 | 2 | +100.0% |
3 Bedrooms | 18 | 16 | -11.1% |
4 Bedrooms | 19 | 25 | +31.6% |
5+ Bedrooms | 7 | 15 | +114.3% |
Summary: The Sugarland Run 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 increased by 100%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 114.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 14 | -36.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Sugarland Run in April 2024, down by 36.4% month-over-month. Of the 14 sold homes, 7% were sold under asking, 29% were sold at asking, and 64% were sold over asking.
Days on Market for Sugarland Run, VA
How long does it take to sell a home in Sugarland Run, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 7 Days | -33.3% |
Summary: Homes in Sugarland Run had an average of 7 days on market in Apr 2024, down by 33.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Sugarland Run; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.