Relevant Real Estate Information for the Fairfax Ridge Condo Community
INTRODUCTION
For the first time in many months there are no lactive listings at Fairfax Ridge. If you want to buy here check again next week. Short sales still dominate the sales at Fairfax Ridge but regular sales are now happening frequently. Of the 14 under contract right now - 9 are short sale. Short sales are taking 3-5 months to close, if you have a good agent and negotiator. We are having very good luck with Chase in negotiating our short sales and making sure the sellers do not have to repay their debt.
We have two of our listings under contract and we sold one last month! All of these are short sales.
If you are thinking about buying or selling here at Fairfax Ridge
As of today (September 11, 2010 8 PM), there are 0 active homes in the MLS and 14 homes are currently under contract and 4 home has sold in the last 30 days.
Here's the breakdown of all active listings in MLS:
1 bedroom units: 0
2 bedroom units: 0
3 bedroom unit: 0
NEW LISTINGS
According to MLS, new listing this week: 0
UNDER CONTRACT
According to MLS, there are 14 condos under contract and 0 townhomes under contract, 5 bank owned and 9 short sale.
I will have the final numbers for these once they close
SOLD
According to MLS, 4 condos sold in the last 30 days.
11399 Aristotle Dr #302 - 1bd/1ba (11 DOMP) Regular Sale .
Asking Price -$171,350 - Sales Price -$167,000 - Seller Subsidy - $5,010
11355 Aristotle Dr #308 - 2bd/2ba (41 DOMP) Regular Sale .
Asking Price -$219,900 - Sales Price -$225,000 - Seller Subsidy - $5,726.25
11327 Aristotle Dr #5-307 - 2bd/2ba (39 DOMP) Short Sale .
Asking Price -$229,900 - Sales Price -$230,000 - Seller Subsidy - $6,897
11352 Aristotle Dr #7-205 - 2bd/2ba (20 DOMP) Regular Sale .
Asking Price -$235,000 - Sales Price -$233,000 - Seller Subsidy - $6,000
SOLD over 30 days
11352 Aristotle Dr #7-308 - 1bd/1ba (92 DOMP) Undisclosed
Asking Price -$175,000 - Sales Price -$175,000 - Seller Subsidy - $00
11317 Aristotle Dr #210 - 2bd/2ba - (9 DOMP) Regular Sale
Asking Price -$235,000 - Sales Price -$230,000 - Seller Subsidy - $5,000
11345 Aristotle Dr #6-410 - 2bd/2ba (46 DOMP) Short Sale
Asking Price -$245,000 - Sales Price -$237,500 - Seller Subsidy - $00
11389 Aristotle Dr #11-21 - 2bd/2ba (18 DOMP) Short Sale - (Took 4 months to close) .
Asking Price -$256,500 - Sales Price -$256,500 - Seller Subsidy - $00
11377 Aristotle Dr #10-103 - 2bd/2ba (5 DOMP) Short Sale - (Took 3 months to close) .
Asking Price -$235,000 - Sales Price -$241,500 - Seller Subsidy - $6,500
11320 Aristotle Dr #4-406 - 1bd/1ba (81 DOMP) Short Sale -(Took 9 months to close)
Asking Price -$175,000 - Sales Price -$180,000 - Seller Subsidy - $2,000
11329 Aristotle Dr #5-411 - 2bd/1ba (7 DOMP) Regular Sale .
Asking Price -$189,900 - Sales Price -$190,000 - Seller Subsidy - $6,650
3851 Aristotle Ct #1-214 - 1bd/1ba (6 DOMP) Regular Sale
Asking Price -$165,000 - Sales Price -$164,500 - Seller Subsidy - $00
11375 Aristotle Dr #9-303 - 2bd/2ba (7 DOMP) Short Sale - (Took 5 months to close)
Asking Price -$249,900 - Sales Price -$248,000 - Seller Subsidy - $2,480
11321 Aristotle Dr #3-302 - 1bd/1ba (4 DOMP) Short Sale - (Took 1 year to close)
Asking Price -$175,000 - Sales Price -$160,000 - Seller Subsidy - $3,000
11320 Aristotle Dr #4-306 - 1bd/1ba (34 DOMP) Regular Sale
Asking Price -$169,900 - Sales Price -$169,000 - Seller Subsidy - $4,000
11395 Aristotle Dr #210 - 1bd/1ba (12 DOMP) Short Sale - (Took 6 months to close)
Asking Price -$159,900 - Sales Price -$163,000 - Seller Subsidy - $4,800
Click below for all Fairfax Ridge Condo sales for 2009-10 Sales More Than 30 Days ago
22033
These stats are for all real estate in the 22033 zip code for the Month of August
Fairfax Ridge Condos Sold for 2007 vs. 2008 vs 2009
Fairfax Condos Sold for 2007 vs. 2008 vs. 2009
EXPIRED or WITHDRAWN There have been 2 listings that have been taken off the market in the last 30 days.
RENTALS
Condos currently for rent: 6
Townhomes currrently for rent: 0
1 bedroom units: 3 available
2 bedroom units: 3 available
3 bedroom units: 0 available
4 condos and 0 townhome have been rented in the past month.
If you need any help finding a rental or listing your condo for rent, please contact us.
We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a fully licensed property management group. Ask us more about this and how this benefits you!
OBSERVATIONS
If you are thinking about buying or selling in the next 3 months we would be honored to work with you ! Shoot us an email
Keep checking back each Friday for your updated market report for Fairfax Ridge
Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.
Thanks for reading our Fairfax Ridge Real Estate Blog!
Posted by: Nate Johnson - Fairfax Ridge Real Estate Agent
The Johnson Team is apart of Keller Williams Realty,
specializing in Northern Virginia Real Estate.
703-725-2929
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