Is Coles, 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, Coles has remained a Seller's Market.
Housing Prices in Coles, VA
How much do homes in Coles, VA cost?
Median Sold Price
$599,999
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Coles was $599,999 in April 2024, up 9% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $325K | $354.5K | +9.1% |
3 Bedrooms | $460K | $490.5K | +6.6% |
4 Bedrooms | $595K | $645K | +8.4% |
5+ Bedrooms | $750K | $765K | +2.0% |
Summary: Coles 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 9.1%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
Coles | $550.6K | $599.9K | +9.0% |
Manassas | $474.7K | $515K | +8.5% |
Brentsville | $610K | $657.6K | +7.8% |
Neabsco | $415K | $441K | +6.3% |
Springfield | $699.3K | $717.5K | +2.6% |
Housing Supply in Coles, VA
How many homes are available in Coles, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
109 | 146 | +33.9% |
Summary: The Coles real estate market had 146 homes for sale in April 2024, a 33.9% 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 | 3 | 1 | -66.7% |
3 Bedrooms | 21 | 35 | +66.7% |
4 Bedrooms | 55 | 62 | +12.7% |
5+ Bedrooms | 30 | 48 | +60.0% |
Summary: The Coles 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 decreased by 66.7%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 35 | -25.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Coles in April 2024, down by 25.5% month-over-month. Of the 35 sold homes, 3% were sold under asking, 14% were sold at asking, and 83% were sold over asking.
Days on Market for Coles, VA
How long does it take to sell a home in Coles, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 8 Days | -44.2% |
Summary: Homes in Coles had an average of 8 days on market in Apr 2024, down by 44.2% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in Coles; 97% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.