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Bristow Real Estate Update

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Bristow is an unincorporated community in Prince William County, about thirty miles from Washington, D.C. Bristow has been experiencing rapid population growth, most likely due to the skyrocketing prices of home ownership in areas that are closer to the District. Since 2000, Bristow has seen 287% growth in population. As of 2014, the postal area population was documented at 29,346.

See related post: Bristow Homeowners Guide: A List of Homeowner Resources

Bristow Market Stats

According to Zillow, home values in Bristow have risen 4.2 % over the past 12 months. Home values in Bristow are predicted to increase by 4.4% in the next year.

Average over the last month:

$425K Sale Price
+15.2% since last year
$166 Sale $/Sq. Ft.
-4.6% since last year
1.7% Under List Price
20 Days on Market
5.0% Down Payment
23 Total Homes Sold
See more at Redfin.com

Stats by Neighborhood

Braemar

There are 21 homes for sale in Braemar, ranging from $269.9K to $625K.

As of December 2018, the housing market in Braemar became a seller’s market. This means that there are roughly more buyers than there are active homes for sale. Seller’s markets are generally more advantageous for sellers rather than buyers.

There are four schools that service the Braemar neighborhood. There are two elementary schools, one middle school, one high school and no private or charter schools. The schools that service the Braemar neighborhood have above average ratings.

Currently, there are twenty-one homes for sale in Braemar; three of which were newly listed within the last week. Additionally, there are three available rentals, with a range of $2K to $2.6K per month. Braemar also has low crime risk.


Kingsbrooke

The average listing price for homes in Kingsbrooke is $415,000

Kingsbrooke is a large neighborhood in Bristow. There are currently three homes for sale, ranging from $475K to $629K.

There is one school in Kingsbrooke, Bristow Run Elementary. The schools that service the Kingsbrooke neighborhood have above average school ratings and the neighborhood also has low crime risk.


New Bristow Village

Average listing price for homes in New Bristow Village:

There are four homes for sale in New Bristow Village, ranging from $390K to $625K. The average listing price of homes in New Bristow Village is $515,000.

Additionally, there are three available rentals, with a range of $2K to $2.7K per month. New Bristow Village has low crime risk, and newer homes.

There are three schools that service New Bristow Village. New Bristow Village has above average elementary schools, and above average middle schools.


The Villages at Saybrooke

There is currently one home for sale in The Villages at Saybrooke neighborhood and is listed for $349,900. Additionally, there is one rental, at $2K per month. The Villages at Saybrooke has low crime risk.

There are three schools that service families in The Villages at Saybrooke.  These schools are rated as above average.


Pembrooke

The average listing price of homes in Pembrooke is $529,950

There are eleven homes for sale in Pembrooke, five of which were newly listed within the last week. Additionally, there is one rental, with a range of $2.8K to $2.8K per month. $529,950 is the average listing price of homes in Pembrooke. This neighborhood has a low crime risk, and newer homes.

As of December 2018, the housing market in Pembrooke became a buyer’s market; meaning that there are roughly more active homes for sale than there are buyers. Buyer’s markets are generally more advantageous for buyers rather than sellers.

There are three schools that service the Pembrooke neighborhood. There is one elementary school, one middle school, one high school and no private & charter schools. Pembrooke has above average middle schools.


Lanier Farms $579,300

The average listing price for homes in Lanier Farms is $579,300

There is one home for sale in Lanier Farms which is listed at $579,300. There are three schools that service the families in Lanier Farms.


Meadows at Morris Farm

The average listing price of homes in Meadows at Morris Farm is $429,900.

There are three homes for sale in Meadows at Morris Farm, ranging from $450K to $500K. Additionally, there are three available rentals, with a range of $1K to $3.7K per month. Meadows at Morris Farm has low crime risk, and newer homes.

Homes in Meadows at Morris Farm sell faster than average compared to other neighborhoods in Gainesville. It takes an average of 48 days on market for a home to sell in Meadows at Morris Farm.


As you can see, there are various options when it comes to moving to the Bristow/Gainesville area. There are a wide variety of homes for sale as well as for rent.  As areas closer to the District increase in price, it is apparent that population growth will continue to happen in Bristow. It is a rapidly growing area that is a great place for families, young and old couples as well as individuals who are single. With a variety of homes on the market, we expect to see continued growth in Bristow. For more information on buying a home and moving to Bristow please feel free to contact us. We are here to help meet all of your home inspection needs!

Sources:

https://www.realtor.com/realestateandhomes-search/Bristow_VA/overview

https://www.redfin.com/city/29016/VA/Bristow/housing-market

https://www.zillow.com/homes/bristow-va_rb/

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