October is here, and the leaves are changing. Now we can look back to the townhouse sales activity in Bristow, VA's community of Kingsbrooke for September and get an idea of market value. Comparisons will be made to last month's report (August 2010) and you can view that last report by clicking the link provided.
KINGSBROOKE ACTIVE TOWNHOUSE LISTINGS
2 Active Listings
Both Short Sales
High List Price was $199,950
Low List Price was $199,900
Average List Price was $199,925
There were fewer active listings in September, than the previous month. However, the prices (high, low and average) are all very similar. Not enough change from August to September to mention.
KINGSBROOKE TOWNHOUSE LISTINGS UNDER CONTRACT
3 Listings were Under Contract
All Short Sales
High List Price at Time of Contract was $250,000; High Marketing Time was 115 Days
Low List Price at Time of Contract was $195,000; Low Marketing Time was 6 Days
Average List Price at Time of Contract was $214,967; Average Marketing Time was 14 Days
There was one less listing under contract this month, compared to last month. The high list price at time of contract was $5,000 this month; high marketing time just about double since last month. The low list price at time of contract was $10,000 higher this month; low marketing time was the same. The average list price at time of contract was just abou $20,000 lower this month; average marketing time 8 days less.
KINGSBROOKE SOLD TOWNHOUSE LISTINGS
1 Listing Sold
High Sold Price was $190,000; High Marketing Time was 57 Days
Low Sold Price was $190,000; Low Marketing Time was 57 Days
Average Sold Price was $190,000; Average Marketing Time was 57 Days
One less listing sold this month, compared to last. And since it's only one sale, the high low and average price and times are the same. So for the purposes of this report, we'll compare this price as an average to last month. The average sold price last month was $204,250....so we've 
definitely seen a decrease in one month's time. Average marketing time last month was 11 days, so we've also seen a bad trend in one month's time here, with marketing time increasing 46 days.
Every townhouse on the market in Kingsbrooke is a Short Sale this month. And if you, or someone you know owes more than they will get for the sale of their Kingsbrooke townhouse, it is vitally important to hire an agent familiar, not only with the local market, but the Short Sale process. I'm happy to meet both those criteria, and am here to help those families in need of a Bristow Short Sale Agent.
Before Halloween is upon us, get out and have some fun. Yankey Farms, off of Vint Hill Road in Nokesville is hosting family fun with a corn maze, train ride and a pick your own pumpkin patch. Click here for more information.
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