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Real Estate

[Cash Buyers] Top 10 Neighborhoods in Chantilly

See the latest rankings of the Chantilly neighborhoods with the most cash buyers in the past year. Is your neighborhood on the list?

What do cash buyers mean for your neighborhood? Neighborhoods with a high percentage of cash buyers can mean that investors are fixing and flipping homes, which can increase home values overall. In condo communities, a high percentage of cash buyers may mean these are good buy and hold investment properties, where the rent versus purchase price is attractive to investors. In the past year, 754 properties have sold in Chantilly ranging from a 2-bed, 1-bath townhouse for $175,000 to a 6-bed, 5.5-bath detached for $1,315,000. Approximately 8% of these homes were purchased with cash. The median sold price was $514,750.

Top 10 Chantilly Neighborhoods for Cash Buyers

In the past 12 months, a total of 62 homes sold in Chantilly for cash with a median sold price of $414K. These were the most popular Chantilly neighborhoods for cash buyers.

Neighborhood Type Cash Sales % Cash Sold (Med)
South Riding Townhouse 13 5% $455,000
Winding Brook Townhouse 5 20% $218,000
Brookleigh Townhouse 4 36% $273,000
Avonlea Townhouse 3 13% $571,000
The Preserve At Westfields Townhouse 3 60% $629,110
East Gate 3 Condominium Townhouse 3 23% $362,000
Amberlea At South Riding Townhouse 3 11% $345,000
Chantilly Park Condo 3 20% $226,000
Marbury Detached 2 29% $759,840
Poplar Tree Estates Detached 2 10% $706,000

Chantilly Cash Sales by Property Type

In the past 12 months, a total of 14 detached homes, 39 townhomes, and 9 condos sold in Chantilly for cash. This was the breakdown by property type and bedrooms.

Find out what's happening in Chantillyfor free with the latest updates from Patch.

Type 1 BR 2 BR 3 BR 4+ BR Sold (Med)
Detached 0 0 2 12 $687,585
Townhouse 0 5 28 6 $409,900
Condo 1 3 5 0 $270,000
Sold (MED) $217,000 $221,500 $409,900 $642,890 $414,000

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Peggy Yee is a supervising broker at Frankly Realtors and is one of Northern Virginia Magazine's Top Realtors in 2015-2019. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com.

Find out what's happening in Chantillyfor free with the latest updates from Patch.

Information based on BrightMLS data and deemed reliable but not guaranteed.

The views expressed in this post are the author's own. Want to post on Patch?

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