Is Bristow, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bristow has remained a Seller's Market.
Housing Prices in Bristow, VA
How much do homes in Bristow, VA cost?
Median Sold Price
$630,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bristow was $630,000 in March 2024, down 1.1% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $407.5K | $462K | +13.4% |
3 Bedrooms | $500K | $512.7K | +2.5% |
4 Bedrooms | $680K | $735K | +8.1% |
5+ Bedrooms | $750K | $781.2K | +4.2% |
Summary: Bristow 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 increased by 13.4%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 4.2%.
Median Sold Price Compared To Nearby Cities
Manassas | $469.9K | $521.6K | +11.0% |
Manassas | $475K | $508.5K | +7.1% |
Brentsville | $618.7K | $646.8K | +4.5% |
Bristow | $637.2K | $630K | -1.1% |
Housing Supply in Bristow, VA
How many homes are available in Bristow, VA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 | 83 | +22.1% |
Summary: The Bristow real estate market had 83 homes for sale in March 2024, a 22.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 26 | 30 | +15.4% |
4 Bedrooms | 20 | 27 | +35.0% |
5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The Bristow 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 14.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 35%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 18 | +28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Bristow in March 2024, up by 28.6% month-over-month. Of the 18 sold homes, 22% were sold under asking, 6% were sold at asking, and 72% were sold over asking.
Days on Market for Bristow, VA
How long does it take to sell a home in Bristow, VA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
11 Days | 7 Days | -37.4% |
Summary: Homes in Bristow had an average of 7 days on market in Mar 2024, down by 37.4% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in Bristow; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.