$6,887 Closing Credit*
$579,999
1,636 SqFt
3 Beds
•1 Full Bath
Patricia Young, Listing Office: Pearson Smith Realty, LLC
Is Bristow, 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, Bristow has remained a Seller's Market.
Key Takeaway
Bristow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bristow, VA
How much do homes in Bristow, VA cost?
Median Sold Price
$671,166
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,166(+3.3%)
Key Takeaway
Homes in Bristow have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Bristow was $671,166 in October 2024, up 3.3% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $455K | $469.5K | +3.2% |
| 3 Bedrooms | $500K | $550K | +10.0% |
| 4 Bedrooms | $714.5K | $770K | +7.8% |
| 5+ Bedrooms | $753.5K | $826.1K | +9.6% |
Summary: Bristow 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 increased by 3.2%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
| Manassas | $503.5K | $540K | +7.2% |
| Brentsville | $632.9K | $674.8K | +6.6% |
| Manassas | $497.7K | $525K | +5.5% |
| Bristow | $650K | $671.1K | +3.3% |
Housing Supply in Bristow, VA
How many homes are available in Bristow, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 55 | -15.4% |
Summary: The Bristow real estate market had 55 homes for sale in October 2024, a 15.4% 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 | 9 | 8 | -11.1% |
| 3 Bedrooms | 24 | 23 | -4.2% |
| 4 Bedrooms | 21 | 16 | -23.8% |
| 5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The Bristow 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 decreased by 11.1%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 18 | -40.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bristow, you could pay more than the asking price. 38.9% of homes here sold above asking price last month.
Summary: A total of 18 homes were sold or pending in Bristow in October 2024, down by 40.0% month-over-month. Of the 18 sold homes, 28% were sold under asking, 33% were sold at asking, and 39% were sold over asking.
Days on Market for Bristow, VA
How long does it take to sell a home in Bristow, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 15 Days | +66.5% |
Summary: Homes in Bristow had an average of 15 days on market in Oct 2024, up by 66.5% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bristow are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in Bristow; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
