Brambleton Weekly Real Estate Update for 7/20/09 to 7/26/09

Quick Summary

New Listings: 6 (+2)

Under Contract: 2 (-1)

Sold: 1 (0)

(Change from previous week.)

Introduction

If you have any questions concerning buying or selling in Brambleton or in Northern Virginia, feel free to call me at 703-401-0571 or email me.  If you are considering a short sale, you can visit my short sale blog  VirginiaShortSaleExpert.com.

As of today 7/28/2009, there are 49 active listings (+7) in MLS and 18 homes (-1) under contract in last 30 days.  This gives us an absorption rate of 2.7 which worse than last week's rate of 2.2.   Here's the breakdown of the active listings:

29 New Constructions (+3) , 12 Traditional Resales (+1),  1 Foreclosure (+1) and 6 Short Sales (0).

Click here to view all active listings via FranklyMLS.com.  There's some non-Brambleton istings so just look at the subdivision.

Click here to view all homes under contract via FranklyMLS.com.   There's some non-Brambleton listings so just look at the subdivision.

New

6 new listings came out during the period of 7/20/09 to 7/26/09.

Condo

Summerfield Verona. $259,900. 

Townhouse

Centex Walden. $319,000

Single Family

Miller & Smith Fannie Ward. $426,990 (New Construction)

Miller & Smith Rhapsody. $466,990. (New Construction)

Miller & Smith Clara Bow. $525,990. (New Construction)

Christopher Companies Kensington. $550,000.

Under Contract

According to MLS, 2 homes went under contract this past week.

Single Family

1. Centex Fulton. $515,000. DOMM/DOMP: 3/98. (Short Sale)

2. Beazer Ashley. $569,000. DOMM/DOMP: 23/23.

Sold

According to MLS, 1 home should have settled this past week.

Format:  Model. Address. Sold Price - Subsidy = Net Price. DOMM/DOMP.

Townhouse

1. Centex Walden. 22946 ROSE QUARTZ SQ. $314,000 - $0 = $314,000. DOMM/DOMP: 18/18. (Foreclosure)

Conclusion

The usual. Inventory is low. Good homes get multiple contracts. Short sales are leading the way.  Starting next week, I'll have more detailed statistics for entire Ashburn. 

Disclaimer: Information is deemed reliable but not guaranteed.  MLS data was used which means For Sale By Owner information may have not been included. All homes entered as comps (e.g. new construction) were removed as well.  MLS data is subject to human errors such as agents entering wrong values. This is not an appraisal but purely for informative purposes only. If you spot an error, please email me.