Gates of Fair Lakes Condos Weekly Report 10/1/10 - 10/10/10

MyGatesofFairLakesCondo.com

Relevant Real Estate Information for Gates of Fair Lakes . A gated condo community.

INTRODUCTION
Did you hear on the news Sunday that home sales are up in the Washington, DC region? There are 2 listings this week at Gates of Fair Lakes, 1 is under contract and 2 have sold this month. Most homes sell in around 2 months. If you are thinking about buying or selling here in Gates of Fair Lakes Contact me

As of today (October 10, 2010; 7 PM) There are 2 active listings in MLS, 1 condo that is currently under contract. 2 condos have sold in the last 30 days.

NEW LISTINGS

According to MLS, the number of new listings this week was: 0

ACTIVE LISTINGS

Here's the breakdown of all active listings in MLS:

12787 Fair Briar Ln - 3bd/2ba
0 Fair Briar Ln - 2bd/2ba (this is a multi-unit building)

UNDER CONTRACT

According to MLS, there is 1 condo under contract.

12801 Fair Briar Ln - 2bd/2ba (141 DOMP)

I will have the final numbers for this once it closes, if it closes.

SOLD

According to MLS, 3 condos have sold in the last 30 days.

12745 Fair Briar Ln - 2bd/2ba (53 DOMP) Short Sale .
Asking Price - $275,000- Sales Price - $275,000- Seller Subsidy - $6,000

12862 Fair Briar Ln - 2bd/2ba (0 DOMP) Regular Sale . 
Asking Price - $282,000 - Sales Price - $280,590- Seller Subsidy - $7,014.75

Sold More than 30 Days ago

4560 Superior Sq - 2bd/2ba (154 DOMP) Regular Sale Asking Price $249,500 - Sales Price $245,000 - Seller Subsidy $5,000   4650 Superior Sq - 2bd/2ba (124 DOMP) Regular Sale
Asking Price - $269,990 - Sales Price - $267,000- Seller Subsidy - $3,000

4521 Superior Sq - 2bd/2ba (56 DOMP) Regular Sale
Asking Price - $254,900 - Sales Price - $253,700- Seller Subsidy - $7,522

12827 Fair Briar Ln - 3bd/3ba (3 DOMP) Regular Sale
Asking Price - $320,000 - Sales Price - $320,000- Seller Subsidy - $5,000

4525 Superior Sq - 1bd/1ba (61 DOMP) Regular Sale
Asking Price - $217,000 - Sales Price - $207,000- Seller Subsidy - $1,910

4521 Superior Sq - 2bd/2ba (56 DOMP) Regular Sale
Asking Price - $254,900 - Sales Price - $253,700- Seller Subsidy - $7,522

12853 Fair Briar Ln - 2bd/2ba. (139 DOMP) Regular Sale
Asking Price - $279,900 - Sales Price - $270,000- Seller Subsidy - $00

12873 Fair Briar Ln - 3bd/ 3ba. (208 DOMP) Regular Sale
Asking Price - $320,000- Sales Price - $320,000- Seller Subsidy - $00

12906 Fair Briar Ln - 2bd/2ba (17 DOMP) Regular Sale
Asking Price - $295,000- Sales Price - $287,000- Seller Subsidy - $00

12817 Fair Briar Ln - 1bd/1ba (78 DOMP) Regular Sale
Asking Price - $186,500 - Sales Price - $186,500 - Seller Subsidy - $5,595

4524 Superior Sq - 1bd/1ba (5 DOMP) Regular Sale
Asking Price - $229,900 - Sales Price - $220,000 - Seller Subsidy - $3,000

4524 Superior Sq - 1bd/1ba (5 DOMP) Regular Sale
Asking Price - $229,900 - Sales Price - $220,000 - Seller Subsidy - $3,000

12775 Fair Briar Ln - 2bd/2ba (35 DOMP) Regular Sale
Asking Price - $298,000 - Sales Price - $285,000 - Seller Subsidy - $7,350

4558 Superior Sq - 2bd/2ba (35 DOMP) Regular Sale
Asking Price - $279,900 - Sales Price - $270,000 - Seller Subsidy - $7,800

12783 Fair Briar Ln - 2bd/2ba (42 DOMP) Regular Sale
Asking Price - $289,900 - Sales Price - $282,000 - Seller Subsidy - $500

4634 Superior Sq - 3bd/2ba (0 DOMP) Regular Sale
Asking Price - $269,000 - Sales Price - $260,000 - Seller Subsidy - $10,000

12844 Fair Briar Ln - 1bd/1ba (0 DOMP) Short Sale
Asking Price - $135,778 - Sales Price - $138,000 - Seller Subsidy - $0

12799 Fair Briar Lane Ln - 3bd/2ba (38 DOMP) - Bank Owned
Asking Price - $284,900 - Sales Price - $265,000 - Seller Subsidy - $5,125

4518 Superior Sq #4518 - 2bd/2ba (6 DOMP) - Regular Sale
Asking Price - $274,995 - Sales Price - $285,000 - Seller Subsidy - $4,275

12811 Fair Briar Ln - 2bd/2ba (5 DOMP) - Regular Sale
Asking Price - $267,000 - Sales Price - $265,000 - Seller Subsidy - $4,000

4644 Superior Sq - 2bd/2ba (46 DOMP) - Regular Sale
Asking Price - $295,000 - Sales Price - $285,000 - Seller Subsidy - $5,000

12761 Fair Briar Ln - 3bd/2ba Short Sale
Asking Price - $295,000 - Sales Price - $275,000 - Seller Subsidy - $0

4534 Superior Sq Bank Owned
Asking Price - $225,000 - Sales Price - $132,700 - Seller Subsidy - $0

4520 Superior Sq Regular Sale
Asking Price - $264,721 - Sales Price - $265,000 - Seller Subsidy - $10600


12898 Fair Briar Ln 2bed/2ba (226 DOMP) Regular Sale
Asking Price - $324,900 - Sales Price- $284,000 - Seller Subsidy - $10,000

22033
These stats are for all real estate in the 22033 zip code for the Month of August




Fairfax Condos Sold for 2007 vs. 2008 vs. 2009



Fairfax Townhomes Sold for 2007 vs 2008 vs 2009






RENTALS

Condos currently for rent: 0

Condos rented out in the past month: 1

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 also. Just ask us more about how this benefits you.


OBSERVATIONS

Keep checking back for the status of your community. If you have any questions or would like to know the value of your home right now, email us!





Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.