Is Mason, 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, Mason has remained a Seller's Market.
Housing Prices in Mason, VA
How much do homes in Mason, VA cost?
Median Sold Price
$675,000
$331/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mason was $675,000 in April 2024, up 5.9% from last year, and the median price per square foot was $331.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $242.2K | $252K | +4.0% |
2 Bedrooms | $345.9K | $365K | +5.5% |
3 Bedrooms | $600.5K | $660K | +9.9% |
4 Bedrooms | $765K | $792.5K | +3.6% |
5+ Bedrooms | $930K | $953K | +2.5% |
Summary: Mason housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Cities
Alexandria | $600K | $641.4K | +6.9% |
Falls Church | $687.6K | $731.3K | +6.4% |
Braddock | $675K | $717K | +6.2% |
Mason | $637.2K | $675K | +5.9% |
Falls Church | $700K | $725K | +3.6% |
Housing Supply in Mason, VA
How many homes are available in Mason, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
187 | 246 | +31.6% |
Summary: The Mason real estate market had 246 homes for sale in April 2024, a 31.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 22 | 20 | -9.1% |
2 Bedrooms | 33 | 46 | +39.4% |
3 Bedrooms | 40 | 67 | +67.5% |
4 Bedrooms | 53 | 64 | +20.8% |
5+ Bedrooms | 39 | 49 | +25.6% |
Summary: The Mason housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 39.4%, 3 bedroom homes increased by 67.5%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 25.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 64 | +14.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in Mason in April 2024, up by 14.3% month-over-month. Of the 64 sold homes, 23% were sold under asking, 14% were sold at asking, and 63% were sold over asking.
Days on Market for Mason, VA
How long does it take to sell a home in Mason, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 19 Days | +23.6% |
Summary: Homes in Mason had an average of 19 days on market in Apr 2024, up by 23.6% compared to last year.
Breakdown of Home Sale Times
58 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 64 homes were sold in Mason; 91% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.