Quick Summary
New Listings: 3 (-1)
Under Contract: 2 (-1)
Sold: 2 (-2)
(Change from previous week.)
Introduction
2009 Q3 Summary will be posted in few days. It's the most detailed and comprehensive report on Brambleton real estate market.
As of today 10/12/2009, there are 34 active listings (+4) in MLS and 13 homes (-7) under contract in last 30 days. This gives us an absorption rate of 2.6 which is worse than last week's rate of 1.6.
Here's the breakdown of the active listings:
20 New Constructions (0) , 7 Traditional Resales (0), 0 Foreclosure (0) and 7 Short Sales(+4).
Click here to view all active listings via FranklyMLS.com.
Click here to view all homes under contract via FranklyMLS.com.. There's some non-Brambleton listings so just look at the subdivision.
New
3 new listings came out during the period of 10/05/09 to 10/11/09.
Single Family
Under Contract
According to MLS, 2 homes went under contract during 10/05/09 to 10/11/09.
Sold
Format: Model. Address. Sold Price - Subsidy = Net Price. DOMM/DOMP.
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 visit my 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.
Click here to view all active listings via FranklyMLS.com.
There's some non-Brambleton listings 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
3 new listings came out during the period of 10/05/09 to 10/11/09.
Condo
1. Summerfield Como. $175,000. (Short Sale)
2. Centex O'Hare. $352,215. (New Construction)
Single Family
1. Beazer Chancery. $399,900. (Short Sale)
According to MLS, 2 homes went under contract during 10/05/09 to 10/11/09.
Condo
1. Summerfield. $127,900. DOMM/DOMP. 13/13. (Foreclosure)
Single Family
1. Winchester Homes Browning (?). $699,900. DOMM/DOMP: 11/11.
Sold
2 homes sold during this period.
Format: Model. Address. Sold Price - Subsidy = Net Price. DOMM/DOMP.
Condo
1. Centex Logan. 22673 SETTLERS TRAIL TER #7G. $262,500 - $0 = $262,500. DOMM/DOMP: 15/15.
Single Family
1. Miller & Smith Rhapsody. 22803 VICKERY PARK DR. $537,750 - $2,500 = $535,250. DOMM/DOMP: 23/23.
Conclusion
Nothing really new. There's some indication of the market slowing a bit. Take a look at the realtor.com report for one of my listings in Loudoun County. Traditionally the market slows down starting August. Right now homes have been selling due to low inventory and the tax credit incentive. Come late November, we will have a much better idea how much the market slows down.
Nothing really new. There's some indication of the market slowing a bit. Take a look at the realtor.com report for one of my listings in Loudoun County. Traditionally the market slows down starting August. Right now homes have been selling due to low inventory and the tax credit incentive. Come late November, we will have a much better idea how much the market slows down.
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 visit my 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.
1 comments:
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