$6,579 Closing Credit*
$554,032
1,628 SqFt
2 Beds
•2 Full Baths
Allison Welch Taylor, Listing Office: Redfin Corporation
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 Seller's Market.
Key Takeaway
Broadlands South is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Broadlands South, VA
How much do homes in Broadlands South, VA cost?
Median Sold Price
$630,000
$332/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$29,235(-4.4%)
Key Takeaway
Homes in Broadlands South have sold for 4.4% less than they did a month ago.
Summary: The median home sold price in Broadlands South was $630,000 in November 2024, down 4.4% from last month, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $653.5K | - | N/A |
| 4 Bedrooms | $758.5K | $630K | -16.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Broadlands South housing prices by bedroom type for November 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 did not change, 4 bedroom homes decreased by 16.9%, and 5+ bedroom homes did not change.
Housing Supply in Broadlands South, VA
How many homes are available in Broadlands South, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 7 | -41.7% |
Summary: The Broadlands South real estate market had 7 homes for sale in November 2024, a 41.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 10 | 6 | -40.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Broadlands South housing inventory by bedroom type for November 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 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Broadlands South, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Broadlands South in November 2024, down by 85.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 22 Days | -28.0% |
Summary: Homes in Broadlands South had an average of 22 days on market in Nov 2024, down by 28% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Broadlands South are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Broadlands South; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
