Is Brambleton, 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, 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
$829,000
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Brambleton have sold for 7% more than they did a year ago.
Summary: The median home sold price in Brambleton was $829,000 in April 2024, up 7% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $276K | $305K | +10.5% |
| 2 Bedrooms | $350K | $422.5K | +20.7% |
| 3 Bedrooms | $663K | $705K | +6.3% |
| 4 Bedrooms | $867.5K | $886K | +2.1% |
| 5+ Bedrooms | $1.0M | $1.1M | +11.6% |
Summary: Brambleton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Summerfield at Brambleton Town | $310K | $347.5K | +12.1% |
| Brambleton | $775K | $829K | +7.0% |
Housing Supply in Brambleton, VA
How many homes are available in Brambleton, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 63 | 79 | +25.4% |
Summary: The Brambleton real estate market had 79 homes for sale in April 2024, a 25.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 10 | 8 | -20.0% |
| 3 Bedrooms | 24 | 37 | +54.2% |
| 4 Bedrooms | 10 | 17 | +70.0% |
| 5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The Brambleton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 54.2%, 4 bedroom homes increased by 70%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 28 | +33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Brambleton, you could pay more than the asking price. 53.6% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in Brambleton in April 2024, up by 33.3% month-over-month. Of the 28 sold homes, 29% were sold under asking, 18% were sold at asking, and 54% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 14 Days | 15 Days | +7.4% |
Summary: Homes in Brambleton had an average of 15 days on market in Apr 2024, up by 7.4% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brambleton are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 28 homes were sold in Brambleton; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
