Is Braddock, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Braddock has remained a Seller's Market.
Housing Prices in Braddock, VA
How much do homes in Braddock, VA cost?
Median Sold Price
$717,041
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Braddock was $717,041 in April 2024, up 6.2% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187.9K | $207.5K | +10.4% |
2 Bedrooms | $270K | $317.5K | +17.6% |
3 Bedrooms | $536K | $582K | +8.6% |
4 Bedrooms | $741.8K | $798.6K | +7.7% |
5+ Bedrooms | $880K | $900.5K | +2.3% |
Summary: Braddock housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 2.3%.
Median Sold Price Compared To Nearby Cities
Fairfax | $671.4K | $725K | +8.0% |
Braddock | $675K | $717K | +6.2% |
Mason | $637.2K | $675K | +5.9% |
Springfield | $699.3K | $717.5K | +2.6% |
Providence | $625.7K | $629.6K | +0.6% |
Housing Supply in Braddock, VA
How many homes are available in Braddock, VA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
147 | 212 | +44.2% |
Summary: The Braddock real estate market had 212 homes for sale in April 2024, a 44.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 7 | +75.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 39 | 52 | +33.3% |
4 Bedrooms | 54 | 89 | +64.8% |
5+ Bedrooms | 39 | 52 | +33.3% |
Summary: The Braddock housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 64.8%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 65 | +22.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Summary: A total of 65 homes were sold or pending in Braddock in April 2024, up by 22.6% month-over-month. Of the 65 sold homes, 9% were sold under asking, 18% were sold at asking, and 72% were sold over asking.
Days on Market for Braddock, VA
How long does it take to sell a home in Braddock, VA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 8 Days | -23.5% |
Summary: Homes in Braddock had an average of 8 days on market in Apr 2024, down by 23.5% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 65 homes were sold in Braddock; 97% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.