Dunbarton Single Family Home Report: September-October 2016

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Real Estate Agent with Long and Foster REALTORS®, Gainesville, VA VA License # 0225089470
http://activerain.com/droplet/4XLm

Dunbarton Single Family Home Report:  September-October 2016

The trees are quickly shedding their leaves as we approach the end of November.  Thank goodness the early nightfall that late fall and winter bring are mitigated by the sparkling holiday lights that Dunbarton Single Family Homeneighbors put up every year.  It is hard to be in a bad mood when you see holiday lights.  While our minds may be getting into holiday mode, it is time to take a look back at Dunbarton single family home sales during the months of September and October and determine how values are faring.  

There were only two Dunbarton single family homes that sold between the beginning of September and end of October.  One sold for $365,000, the other for $369,900.  The average of the two sales gives us our new average market value for a Dunbarton single family home of $367,450.  That's a drop of 6.5% in average market value since last report.  Then again, last report there were five homes that sold and some were up there in price.  Compared to this time last year, the average market value is down only slightly over 2.5%.  Please remember that we are talking averages.  When it comes to pricing a particular home, Listing Agents like myself will compare you to homes that are similar in size to yours.

Dunbarton Single Family Home Report:  September-October 2016

If you placed your Dunbarton home on the market, priced to current conditions, you could expect it to Dunbarton Community Entrancebe under in an average of five days.  That's pretty fast!  Don't be surprised if the holiday months increase that time.  You may also pay an average of nearly 1% of the sales price in closing cost help for the buyer.

The next Dunbarton Single Family Home Report will be out in January.  In the meantime, I wish you all a very Happy Holiday season.  And when you are ready to list your Dunbarton home, give me a call for a free market analysis of your specific home's value and a discussion about what I will do to get your home sold.

 

To see the Dunbarton Duplex Report for September-October 2016, click the link.

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Jeff Dowler
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude - Carlsbad

Hi Chris Ann

What a nicely done market update on the housing market for Dunbarton, and your thoughtful commentary.  No doubt sellers and buyers appreciate the information and can readily see you are the person to work with to acquire a new home or to sell one in the Dunbarton area.

Jeff

Nov 29, 2016 04:00 PM #1
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Good Morning Chris Ann Cleland , nice job as always with your market reports. I love the way you explain what the data means

Nov 30, 2016 07:11 AM #2
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Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

These Dunbarton single family homes are so cute, Chris Ann; especially that stone front. And with two selling so close to each other in price, that's pretty amazing.

Dec 02, 2016 10:55 AM #3
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Chris Ann Cleland

Associate Broker, Northern VA
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