$3,551 Closing Credit*
$299,000
850 SqFt
3 Beds
•2 Full Baths
Brittany Anne Maxton, Listing Office: Real Broker, LLC
Is Bremo Bluff, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bremo Bluff has remained a Seller's Market.
Key Takeaway
Bremo Bluff is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bremo Bluff, VA
How much do homes in Bremo Bluff, VA cost?
Median Sold Price
$299,990
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$49,990(+20.0%)
Key Takeaway
Homes in Bremo Bluff have sold for 20% more than they did a year ago.
Summary: The median home sold price in Bremo Bluff was $299,990 in October 2024, up 20% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | - | N/A |
| 2 Bedrooms | $250K | - | N/A |
| 3 Bedrooms | $118K | $242.3K | +105.4% |
| 4 Bedrooms | $365K | $325K | -11.0% |
| 5+ Bedrooms | - | $167.7K | N/A |
Summary: Bremo Bluff housing prices by bedroom type for October 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 105.4%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bremo Bluff | $250K | $299.9K | +20.0% |
| Fork Union | $300K | $325K | +8.3% |
Housing Supply in Bremo Bluff, VA
How many homes are available in Bremo Bluff, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Bremo Bluff real estate market had 4 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bremo Bluff housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bremo Bluff, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Bremo Bluff in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bremo Bluff, VA
How long does it take to sell a home in Bremo Bluff, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 64 Days | +97.9% |
Summary: Homes in Bremo Bluff had an average of 64 days on market in Oct 2024, up by 97.9% 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 Bremo Bluff has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Bremo Bluff; 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.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Information is provided by Charlottesville Area Association of Realtors®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.