$8,103 Closing Credit*
$682,325
2,753 SqFt
3 Beds
•2 Full Baths, 1 Partial
Shannon Lynn Bray, Listing Office: Pearson Smith Realty, LLC
Is Broadlands South, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Broadlands South was a Neutral Market.
Key Takeaway
Broadlands South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Broadlands South, VA
How much do homes in Broadlands South, VA cost?
Median Sold Price
$659,235
$298/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$235(0.0%)
Key Takeaway
The sold price of homes in Broadlands South has remained the same since last month.
Summary: The median home sold price in Broadlands South was $659,235 in October 2024, the same as last month, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $657K | $653.5K | -0.5% |
| 4 Bedrooms | - | $758.5K | N/A |
| 5+ Bedrooms | $1.4M | - | N/A |
Summary: Broadlands South housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Broadlands South | $659K | $659.2K | 0.0% |
| The Villages at Broadlands | $682.5K | $445K | -34.8% |
Housing Supply in Broadlands South, VA
How many homes are available in Broadlands South, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The Broadlands South real estate market had 18 homes for sale in October 2024, a 5.3% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Broadlands South 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 50%, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Broadlands South, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Broadlands South in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 14% were sold under asking, 71% were sold at asking, and 14% were sold over asking.
Days on Market for Broadlands South, VA
How long does it take to sell a home in Broadlands South, VA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 30 Days | +0.8% |
Summary: Homes in Broadlands South had an average of 30 days on market in Oct 2024, up by 0.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Broadlands South has remained consistent over time.
Summary: During October 2024, 7 homes were sold in Broadlands South; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
