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Lake Ridge Virginia Real Estate Market Checkup- "Learn What's Happening To Local Home Values"

By Peggy James

Real Estate Agent with SAMSON PROPERTIES 0225018862

June 13, 2011 12:52 AM

Have you ever wondered "what happening to home values in the Lake Ridge Virginia area?"You hear the news reports of double dip price reductions, yet you go through Lake Ridge on any given day and you see Sold Signs in your rear view mirror.

Well let me show you.I just went back into the Realtors MLS Database to give you an idea of what our locat real esatate market is really like. The statistic's below is a snapshot of how many single family home are currently active, under contract or that have settled since March 1st, 2011.

market snapshot Lake Ridge VA June 2011

So what does this mean. It means the market is in a correction market.

Days on market are coming down
Many homeowners are getting 96% of List Price
Buyers are still asking for closing costs. Most sellers are still assisting buyers with closing costs. ( that is the subsidy column- the higher the sales price the higher the subsidy)

sold versu list-Lake Ridge VA homes 22192

stats provided by MRIS

If you have any questions about the real estate market in and around the Lake Ridge Virginia are, just give me a call. It doesn't matter if you own a condo, townhouse or single family home.If I don't have the answer you seek, I will do my best to find it. If you or someone you know is thinking about selling, don't hesitate to call. We are currently accepting listings to sell. Erick and Company does not collect listings. ( get as many as we can and let them sit) Our goal is a home under contract in thirty days or less. Learn more about how Erick and Company can Sell Your Home Fast

Find Out What Your Home is Worth Today-Ask Peggy

"We Know Woodbridge Virginia and surrounding area's! Do You Need Help? "

Have a question? Let's talk contact me by email or call 703-851-3085.

Contact Peggy James or Erick Blackwelder of Erick and Company ofExit 1st Choice Realty, WoodbridgeVA. Realtors®, call 703-851-3085 (Peggy) or 703-590-2252(Office).Give us a call and we can "GET YOUR HOME SOLD FAST"to list your property for sale we service Lake Ridge, Westridge, Old Bridge Estates, River Falls, Middle County, Manassas, Manassas Park, Haymarket,Montclair, Dumfries, Quantico, Fort Belvior, Occoquan, Dale City, Gainesville, Garrisonville and Triangle area's .

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