Is Clear Brook, 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, Clear Brook was a Buyer's Market.
Key Takeaway
Clear Brook 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 Clear Brook, VA
How much do homes in Clear Brook, VA cost?
Median Sold Price
$424,995
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clear Brook have sold for 25% more than they did a year ago.
Summary: The median home sold price in Clear Brook was $424,995 in March 2024, up 25% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $675K | N/A |
| 3 Bedrooms | $325K | $342.5K | +5.4% |
| 4 Bedrooms | $540.5K | $460K | -14.9% |
| 5+ Bedrooms | - | $1.2M | N/A |
Summary: Clear Brook 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 did not change, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Clear Brook | $340K | $424.9K | +25.0% |
| Stephenson | $390.3K | $465.4K | +19.2% |
| Stonewall | $358K | $415.2K | +16.0% |
| Bunker Hill | $286K | $313K | +9.4% |
Housing Supply in Clear Brook, VA
How many homes are available in Clear Brook, VA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 14 | -6.7% |
Summary: The Clear Brook real estate market had 14 homes for sale in March 2024, a 6.7% decrease 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Clear Brook 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 100%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clear Brook, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Clear Brook in March 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Clear Brook, VA
How long does it take to sell a home in Clear Brook, VA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 33 Days | 91 Days | +177.3% |
Summary: Homes in Clear Brook had an average of 91 days on market in Mar 2024, up by 177.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Clear Brook are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Clear Brook; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
