Is Clear Brook, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Clear Brook has remained a Seller's Market.
Key Takeaway
Clear Brook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clear Brook, VA
How much do homes in Clear Brook, VA cost?
Median Sold Price
$396,000
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Clear Brook have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Clear Brook was $396,000 in May 2024, up 12.3% from last year, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $460K | N/A |
| 3 Bedrooms | $340K | $320K | -5.9% |
| 4 Bedrooms | $566K | $450K | -20.5% |
| 5+ Bedrooms | - | $820K | N/A |
Summary: Clear Brook housing prices by bedroom type for May 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 decreased by 5.9%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Clear Brook | $352.5K | $396K | +12.3% |
| Stephenson | $412.5K | $450K | +9.1% |
| Stonewall | $377K | $400K | +6.1% |
| Bunker Hill | $305.7K | $309K | +1.1% |
| Russell | $670.6K | $600K | -10.5% |
Housing Supply in Clear Brook, VA
How many homes are available in Clear Brook, VA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Summary: The Clear Brook real estate market had 9 homes for sale in May 2024, a 50.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Clear Brook housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clear Brook, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Clear Brook in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Clear Brook, VA
How long does it take to sell a home in Clear Brook, VA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 179 Days | 6 Days | -96.6% |
Summary: Homes in Clear Brook had an average of 6 days on market in May 2024, down by 96.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clear Brook are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Clear Brook; 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.
