Is Brambleton, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brambleton is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Brambleton has remained a Seller's Market.

Key Takeaway

Brambleton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brambleton, VA

How much do homes in Brambleton, VA cost?

Median Sold Price

$822,485

$281/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,485(+1.5%)

Key Takeaway

Homes in Brambleton have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Brambleton was $822,485 in October 2024, up 1.5% from last year, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $298.5K$302K
+1.2%
2 $421.2K$435K
+3.3%
3 $668.5K$744.9K
+11.4%
4 $879K$895K
+1.8%
5+ $1.0M$1.1M
+11.4%

Summary: Brambleton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 11.4%.

Median Sold Price Compared To Nearby Neighborhoods

Summerfield at Brambleton Town
+23.8%
Brambleton
+1.5%

Housing Supply in Brambleton, VA

How many homes are available in Brambleton, VA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
103107+3.9%

Summary: The Brambleton real estate market had 107 homes for sale in October 2024, a 3.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 36
+100.0%
2 1014
+40.0%
3 5153
+3.9%
4 2625
-3.8%
5+ 139
-30.8%

Summary: The Brambleton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 30.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2731+14.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brambleton, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Brambleton in October 2024, up by 14.8% month-over-month. Of the 31 sold homes, 45% were sold under asking, 32% were sold at asking, and 23% were sold over asking.

Days on Market for Brambleton, VA

How long does it take to sell a home in Brambleton, VA?

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days18 Days+13.9%

Summary: Homes in Brambleton had an average of 18 days on market in Oct 2024, up by 13.9% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brambleton are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 31 homes were sold in Brambleton; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Brambleton, VA

Nearby Markets to Brambleton, VA