$5,332 Closing Credit*
$449,000
1,570 SqFt
2 Beds
•2 Full Baths
Matias Leiva, Listing Office: Keller Williams Chantilly Ventures
Is Broadlands, 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, Broadlands has remained a Seller's Market.
Key Takeaway
Broadlands is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Broadlands, VA
How much do homes in Broadlands, VA cost?
Median Sold Price
$828,929
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,939(+4.3%)
Key Takeaway
Homes in Broadlands have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Broadlands was $828,929 in October 2024, up 4.3% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $516K | $532.5K | +3.2% |
| 3 Bedrooms | $625.5K | $647.9K | +3.6% |
| 4 Bedrooms | $886K | $945K | +6.7% |
| 5+ Bedrooms | $1.0M | $1.3M | +20.8% |
Summary: Broadlands 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 3.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 20.8%.
Housing Supply in Broadlands, VA
How many homes are available in Broadlands, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Summary: The Broadlands real estate market had 34 homes for sale in October 2024, a 13.3% increase 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 | 3 | 2 | -33.3% |
| 3 Bedrooms | 20 | 24 | +20.0% |
| 4 Bedrooms | 3 | 6 | +100.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Broadlands 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 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 15 | +114.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Broadlands, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Broadlands in October 2024, up by 114.3% month-over-month. Of the 15 sold homes, 33% were sold under asking, 47% were sold at asking, and 20% were sold over asking.
Days on Market for Broadlands, VA
How long does it take to sell a home in Broadlands, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 6 Days | 25 Days | +331.1% |
Summary: Homes in Broadlands had an average of 25 days on market in Oct 2024, up by 331.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Broadlands are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Broadlands; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
