Well the title tells the first part of this real estate tale. In June 2 homes were sold. On June 5th a 1 bedroom 1 bathroom, Lauren model, was sold for $245,000. It had been on the market 46 days, and had been asking $255,000. It sold for 96% of asking price, and $325/square foot.
The other property sold was not a similar model. It was a 2 level, 2 bedroom and 2 bathroom Stephanie model. This home sold in a time of 23 days on the market for $365,000. It had been listed at an asking price of $416,000. It sold for 87% of asking price, and $341/square foot. This property was officially sold and settled on June 25th.
Year over year sales comparison shows that this is a 100% improvement over same month sales, June 2008, when there was only one sale. In this period last year that property sold at a price per square foot of $359. Whereas the 2 properties sold in June of 2009 averaged a price per square foot of $334. This is a 7% decline from 2008 to 2009. Some would certainly argue that sampling size is hardly enough to generalize for an entire community.
There is now one property under contract in this centrally located Tysons Corner Condominium community. It is a 2 bedroom and 2 bathroom, on one level, Michael model. At time of contract the asking price was $349,900.
There are now 5 available properties for sale in Lillian Court. They are priced as low as a $229,000 potential short sale, 1 bedroom 1 bathroom, to as high as a $449,900, 2 bedroom 2.5 bathroom townhome style home. You can see more information below.
Data from MRIS
Comments(0)