$8,015 Closing Credit*
$674,950
2,252 SqFt
3 Beds
•3 Full Baths, 1 Partial
Kathleen J Quintarelli, Listing Office: Weichert, REALTORS
Is Braddock, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Braddock has remained a Seller's Market.
Key Takeaway
Braddock is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Braddock, VA
How much do homes in Braddock, VA cost?
Median Sold Price
$755,082
$347/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$65,796(+9.5%)
Key Takeaway
Homes in Braddock have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Braddock was $755,082 in November 2024, up 9.5% from last year, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $210K | +5.0% |
| 2 Bedrooms | $279K | $315K | +12.9% |
| 3 Bedrooms | $565K | $611K | +8.1% |
| 4 Bedrooms | $754.3K | $820K | +8.7% |
| 5+ Bedrooms | $880.5K | $927K | +5.3% |
Summary: Braddock housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
| Fairfax | $703.9K | $771.7K | +9.6% |
| Braddock | $689.2K | $755K | +9.5% |
| Mason | $657.2K | $706.2K | +7.5% |
| Providence | $633K | $662.4K | +4.6% |
| Springfield | $707.5K | $731.8K | +3.4% |
Housing Supply in Braddock, VA
How many homes are available in Braddock, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 199 | 186 | -6.5% |
Summary: The Braddock real estate market had 186 homes for sale in November 2024, a 6.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 11 | 13 | +18.2% |
| 3 Bedrooms | 58 | 60 | +3.4% |
| 4 Bedrooms | 84 | 72 | -14.3% |
| 5+ Bedrooms | 40 | 36 | -10.0% |
Summary: The Braddock housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 73 | +9.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Braddock, you could pay more than the asking price. 43.8% of homes here sold above asking price last month.
Summary: A total of 73 homes were sold or pending in Braddock in November 2024, up by 9.0% month-over-month. Of the 73 sold homes, 34% were sold under asking, 22% were sold at asking, and 44% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 17 Days | +2.1% |
Summary: Homes in Braddock had an average of 17 days on market in Nov 2024, up by 2.1% compared to last year.
Breakdown of Home Sale Times
60 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Braddock are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 73 homes were sold in Braddock; 82% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.
