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 September 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

$822,485

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$12,068(+1.5%)

Key Takeaway

Homes in Brambleton have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Brambleton was $822,485 in September 2024, up 1.5% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $298.5K$302K
+1.2%
2 $394.7K$437.5K
+10.8%
3 $668.5K$725K
+8.5%
4 $882K$880K
-0.2%
5+ $1.0M$1.1M
+11.1%

Summary: Brambleton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 11.1%.

Housing Supply in Brambleton, VA

How many homes are available in Brambleton, VA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
103120+16.5%

Summary: The Brambleton real estate market had 120 homes for sale in September 2024, a 16.5% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 25
+150.0%
2 710
+42.9%
3 4758
+23.4%
4 3031
+3.3%
5+ 1716
-5.9%

Summary: The Brambleton housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 23.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 5.9%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3426-23.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 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. 38.5% of homes here sold near the asking price last month.

Summary: A total of 26 homes were sold or pending in Brambleton in September 2024, down by 23.5% month-over-month. Of the 26 sold homes, 31% were sold under asking, 38% were sold at asking, and 31% 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

Sep 2023Sep 2024CHANGE
19 Days23 Days+21.8%

Summary: Homes in Brambleton had an average of 23 days on market in Sep 2024, up by 21.8% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

10 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 September 2024, 26 homes were sold in Brambleton; 62% of homes were sold within 30 days, 38% 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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