Brambleton VA Weekly Update 8/24/09 to 8/30/09

Quick Summary

New Listings: 4 (0)

Under Contract: 2 (-3)

Sold: 7 (+4)

(Change from previous week.)

Introduction

As of today 9/1/2009, there are 31 active listings (+3) in MLS and 21 homes (+1) under contract in last 30 days. This gives us an absorption rate of 1.5 which is worse than last week's rate of 1.4 but still very, very low.

Here's the breakdown of the active listings:

20 New Constructions (+2) , 6 Traditional Resales (0), 2 Foreclosure (-1) and 3 Short Sales (+2).

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

4 new listings came out during the period of 8/24/09 to 8/30/09. 

Townhouse

1. Centex Middleton. $329,900.

2. Beazer Chancery. $350,000. (Short Sale)

Single Family

1. Miller & Smith Fannie Ward. $455,006. (New Construction)

2. Centex Fulton. $525,000. (Short Sale)

Under Contract

According to MLS, 2 homes went under contract during 8/24/09 to 8/30/09.

Condo

1. Summerfield Florence. $168,500. DOMM/DOMP: 8/70. (Foreclosure)

2. Summerfield Verona. $210,000. DOMM/DOMP: 2/2. (Short Sale)

Sold

According to MLS, 7 homes settled this past week.  There was one other that was scheduled to close but it does not show as being closed as of today (9/2).

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

Condo

1. Centex Logan. 42592 VERDE GATE TER #22C. $267,290 - $16,037 = $251,253.  DOMM/DOMP: 115/115. (New Construction)

2. Beazer Vail. 22751 VERDE GATE TER. $314,469 - $9,434 = $305,035.  DOMM/DOMP: 115/115. (New Construction)

Townhouse

1. Centex Walden. $305,000 - $9,000 = $296,000. DOMM/DOMP: 6/6. 

2. Centex O'Hare. $321,740 - $19,305 = $302,435. DOMM/DOMP: 166/166. (New Construction)

Single Family

1. Miller & Smith Rhapsody. $512,905 - $10,000 = $502,905. DOMM/DOMP: 50/50. (New Construction)

2. Beazer Avery. $550,000 - $0 = $550,000. DOMM/DOMP: 18/18. (Short Sale)

3. Miller & Smith Clara Bow. $649,920 - $15,000 = $634,920. DOMM/DOMP:   321/321. (New Construction) 

Conclusion

Nothing new.

If you have any questions concerning buying or selling in Brambleton or in Northern Virginia, feel free to email me or call me. If you are considering a short sale, you can visitmy short sale blog VirginiaShortSaleExpert.com.

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.