Is Brentsville, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Brentsville was a Seller's Market.
Housing Prices in Brentsville, VA
How much do homes in Brentsville, VA cost?
Median Sold Price
$646,828
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Brentsville was $646,828 in March 2024, up 4.5% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $339.9K | - | N/A |
2 Bedrooms | $512K | $445.5K | -13.0% |
3 Bedrooms | $520K | $519.2K | -0.1% |
4 Bedrooms | $670K | $713.5K | +6.5% |
5+ Bedrooms | $781K | $804.8K | +3.1% |
Summary: Brentsville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
Manassas | $469.9K | $521.6K | +11.0% |
Manassas Park | $400K | $440K | +10.0% |
Manassas | $475K | $508.5K | +7.1% |
Brentsville | $618.7K | $646.8K | +4.5% |
Bristow | $637.2K | $630K | -1.1% |
Housing Supply in Brentsville, VA
How many homes are available in Brentsville, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
330 | 365 | +10.6% |
Summary: The Brentsville real estate market had 365 homes for sale in March 2024, a 10.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 23 | 24 | +4.3% |
3 Bedrooms | 96 | 110 | +14.6% |
4 Bedrooms | 122 | 124 | +1.6% |
5+ Bedrooms | 88 | 106 | +20.5% |
Summary: The Brentsville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 20.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
59 | 55 | -6.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Summary: A total of 55 homes were sold or pending in Brentsville in March 2024, down by 6.8% month-over-month. Of the 55 sold homes, 20% were sold under asking, 22% were sold at asking, and 58% were sold over asking.
Days on Market for Brentsville, VA
How long does it take to sell a home in Brentsville, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
17 Days | 15 Days | -10.8% |
Summary: Homes in Brentsville had an average of 15 days on market in Mar 2024, down by 10.8% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 55 homes were sold in Brentsville; 87% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.