Is Brambleton, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brambleton is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Brambleton has remained a Seller's Market.

Key Takeaway

Brambleton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brambleton, VA

How much do homes in Brambleton, VA cost?

Median Sold Price

$835,000

$278/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$60,000(+7.7%)

Key Takeaway

Homes in Brambleton have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Brambleton was $835,000 in June 2024, up 7.7% from last year, and the median price per square foot was $278.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $289K$305K
+5.5%
2 $350K$428.9K
+22.6%
3 $657.5K$725K
+10.3%
4 $879K$870K
-1.0%
5+ $1.0M$1.1M
+13.3%

Summary: Brambleton housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 22.6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 13.3%.

Housing Supply in Brambleton, VA

How many homes are available in Brambleton, VA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
87113+29.9%

Summary: The Brambleton real estate market had 113 homes for sale in June 2024, a 29.9% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 22
0.0%
2 108
-20.0%
3 3950
+28.2%
4 2334
+47.8%
5+ 1319
+46.2%

Summary: The Brambleton housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 28.2%, 4 bedroom homes increased by 47.8%, and 5+ bedroom homes increased by 46.2%.

Number of Homes Sold

May 2024Jun 2024CHANGE
3227-15.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brambleton, expect to pay close to the asking price. 40.7% of homes here sold near the asking price last month.

Summary: A total of 27 homes were sold or pending in Brambleton in June 2024, down by 15.6% month-over-month. Of the 27 sold homes, 22% were sold under asking, 41% were sold at asking, and 37% were sold over asking.

Days on Market for Brambleton, VA

How long does it take to sell a home in Brambleton, VA?

Average Sale Time

Jun 2023Jun 2024CHANGE
11 Days12 Days+7.7%

Summary: Homes in Brambleton had an average of 12 days on market in Jun 2024, up by 7.7% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brambleton are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 27 homes were sold in Brambleton; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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