Kingsbrooke Single Family Home Report: February 2013
It's a gloomy, overcast St. Patrick's Day in Kingsbrooke today, but that's not dampening spirits. There's a lot to be smiling about. We are able to enjoy more daylight. The temperatures are slowly beginning to warm. And the Kingsbrooke real estate market is hot. In this edition of the Kingsbrooke Single Family Home Report we'll look back at what happened in the February market and make comparisons to last report (January 2013) and last year (February 2012.)
SINGLE FAMILY HOMES FOR SALE IN KINGSBROOKE
There were no Active Listings
Bristow's shortage of homes makes this a great time for Kingsbrooke sellers to get their homes on the market.
SINGLE FAMILY HOMES UNDER CONTRACT IN KINGSBROOKE
2 Listings were Under Contract: 1 Regular Sale, 1 Short Sale
Just like the previous month, as February drew to a close, there were only two Kingsbrooke homes under contract. The high list price at time of contract was unchanged compared to last report, but the high marketing time was 74% shorter. The low list price at time of contract was 3% lower than it had been last report, and low marketing time has shortened by 33%. The average list price at time of contract was up over 1% since last report and up over 26% since last year. The average marketing time was 62% shorter than it had been last month and 89% shorter than it had been last year. As always, the best idea of true market value will come from the sold column.
SINGLE FAMILY HOMES SOLD IN KINGSBROOKE
1 Listing Sold: A Regular Sale
With only one Kingsbrooke single family home making it to settlement table in February, and none in January, our only point of comparison is take these values for February as averages and compared to last year's averages. When we do that we find that the 
average sold price is down 15.5% and the average marketing time is 26% shorter.
Bristow buyers are gobbling up single family homes in the Patriot High School district. This is an outstanding opportunity for Kingsbrooke single family home owners that have been thinking of selling.
The next Kingsbrooke Single Family Home Report will be out in April and will detail sales from the month of March. Until then, if you are thinking of selling your Kingsbrooke home, give me a call for a free market analysis. I've been a full-time Bristow Real Estate Agent since 2005 and a Short Sale Agent since 2007. No matter what your equity position, I can get you the most for your home in the shortest period of time.
Don't forget to join the new Kingsbrooke Facebook Group.
Chris Ann Cleland, Associate Broker-Licensed in Virginia, Long & Foster REALTORS®
703-402-0037, ChrisAnn@LNF.com, www.NVARealEstate.net, www.SpeakingOfHomes.net
Statistics compiled by Chris Ann Cleland using the MRIS (Metropolitan Regional Information Systems.)
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To view the Kingsbrooke Townhouse Report for February 2013, click the link provided.
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