Is Bull Run Mountain Estates, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bull Run Mountain Estates was a Seller's Market.
Key Takeaway
Bull Run Mountain Estates is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Bull Run Mountain Estates, VA
How much do homes in Bull Run Mountain Estates, VA cost?
Median Sold Price
$600,000
$262/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bull Run Mountain Estates have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Bull Run Mountain Estates was $600,000 in April 2024, up 9.1% from last year, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $382K | $451K | +18.1% |
| 3 Bedrooms | $485K | $562.5K | +16.0% |
| 4 Bedrooms | $612.5K | $655K | +6.9% |
| 5+ Bedrooms | $482.5K | $637.5K | +32.1% |
Summary: Bull Run Mountain Estates housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 32.1%.
Housing Supply in Bull Run Mountain Estates, VA
How many homes are available in Bull Run Mountain Estates, VA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The Bull Run Mountain Estates real estate market had 6 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bull Run Mountain Estates housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bull Run Mountain Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Bull Run Mountain Estates in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bull Run Mountain Estates, VA
How long does it take to sell a home in Bull Run Mountain Estates, VA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 38 Days | +7.0% |
Summary: Homes in Bull Run Mountain Estates had an average of 38 days on market in Apr 2024, up by 7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bull Run Mountain Estates has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Bull Run Mountain Estates; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
