Sales Decline in Bailey's Crossroads Real Estate Market

In this week's report, the number of homes sold in the Bailey's Crossroads market fell to 18 over the past 30 days. It marked a decrease of 14.3% from last week's report and a fall below the monthly average. Meanwhile, close-by Washington reported 540 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in Bailey's Crossroads, and for this period the median sales price slid from $306,500 to $290,750. With only two months of inventory to sell, Bailey's Crossroads is a definite seller's market, in spite of the dip in sales.

If you're looking for a more established home, then be sure to see these listings in Bailey's Crossroads that were built before most others in the market:

$375K   $670K   $672K  

Get started right now by checking out Bailey's Crossroads homes for sale or reviewing Bailey's Crossroads real estate trends.

Demographic facts about Bailey's Crossroads:

  • 50.0% of the people in this area are renters.
  • 10-year job market growth is projected to be 40.2%.
  • The student per librarian ratio in this area is 494:1. (803:1 = national average)

Data reported through 1/11/2017

Comments:

Ask a local expert about this area:
Keller Williams Capital Properties
47 reviews
Snapped 1 home in this area
Classic Realty, Ltd.
Snapped 1 home in this area

Agents that specialize in this area
2 snaps in this area
7 snaps in this area
1 snap in this area
3 snaps in this area
1 snap in this area
1 snap in this area
107 snaps in this area
1 snap in this area
1 snap in this area
2 snaps in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.