Under Contract in Centreville Crossing

By
Real Estate Agent with Long and Foster REALTORS®, Gainesville, VA VA License # 0225089470

Under Contract in Centreville Crossing

When a home goes on the market, the sellers and the listing agent all want it to move as quickly aspossible.  This Centreville Crossing condo was not one of those situations.  For the last two years, I've been listing and selling property in Centreville, Manassas, Bristow and Gainesville and found that my average days on the market to get a home under contract is about two weeks.  That's average.  This home, which was a split level, stacked condo in Centreville Crossing, took 98 days to get under contract.

Living Room below Dining Room

 

The home hit the market on October 3, 2016, priced at $379,000.  That was right around the time our country was driving straight to the sun, in the most contentious election ever.  Morale was down and when that happens, buyers aren't house hunting.

Dining Room

The sellers did learn, however, that not all delays in getting under contract are external.  There was another condo, same floor plan, less about $3,000 in upgrades, that went under contract before ours.  The difference?  It was priced at $369,500 and had neutral paint throughout.  Once that registered, the sellers lowered their price to $374,500.  They were the only condo left on the market and were likely to snag the buyer looking for a condo in the neighborhood.  The space it gives you, being the upper levels of the building, is a tremendous value.  You'd pay well over $500K to get this much space in a traditional townhouse in Centreville.

Family Room open to Kitchen

After Christmas, the traffic picked up and within the first seven days of the new year, we had a buyer f
all in love.  The clue was the extended time of the showing.  Even though the sellers came home early, they didn't barge in on them.  They let the buyers soak it all in.  Two days later, they had an offer.

Master Bedroom

Stay tuned for the final sales price.  In the meantime, if you have  a Centreville Crossing condo to sell, give me a call.  There are now plenty of buyers out and ready to find their next home.

 

 

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Topic:
Real Estate Market Trends
Location:
Virginia Fairfax County Centreville Centreville Crossing
Tags:
pending sales in centreville crossing condos
recent condo sales in centreville crossing

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Ambassador
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Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I love that feeling of being under contract almost as much as closing Chris Ann Cleland 

Jan 10, 2017 08:16 PM #1
Rainmaker
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Nathan Gesner
American West Realty & Management - Cody, WY
Broker / Property Manager

Congratulations and I hope it's a successful (and problem-free) closing!

Jan 10, 2017 09:04 PM #2
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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Chris - congratulations on the pending.  I am sure that your sellers are deliighted.

Jan 10, 2017 09:06 PM #3
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Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Chris I love layouts like this, great kitchen to dining area and family/living area below, many of our townhomes in Marina Del Rey are layed out like that. As to being in Escrow is a good place to be. I look forward to your Just SOLD post next, Endre

Jan 10, 2017 10:01 PM #4
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams fox cities - Stevens Point, WI
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Very nice home Chris Ann, Congratulations to you and your clients!

bob

Jan 10, 2017 10:24 PM #5
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Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Chris Ann -- some properties take longer than others to find the right buyer. Here's to a smooth transaction and successful closing.  Now that's the kind of happy ending everyone enjoys.  

Jan 10, 2017 11:11 PM #6
Rainmaker
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Kat Palmiotti
Grand Lux Realty, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

Congratulations for getting this one under contract! I like the openness and light of that home.

Jan 11, 2017 03:37 AM #7
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Congratulations on the pending sale Chris Ann Cleland 

Jan 11, 2017 05:51 AM #8
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Sandy Padula and Norm Padula, JD, GRI
Realty One Group - Carlsbad, CA
Presence, Persistence & Perseverance

Congratulations on another success in the making, Chris Ann Cleland  . It is not difficult to see why the buyers acted on this opportunity!

Jan 11, 2017 06:57 AM #9
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
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Chris Ann,

Congratulations on selling this  beautiful home!  What  a great way to start the New Year, and we wish you lots more.  A

Jan 11, 2017 10:09 AM #10
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Chris Ann - Congratulations on your contract and for showing your sellers the right way to get it done.

Jan 11, 2017 11:20 AM #11
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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

I, too, noticed a slowdown this fall just prior to the election and in the aftershocks. But something happened early December and people suddenly woke up. Offers started pouring in. Good for you, Chris Ann, for being so patient with these sellers and waiting it out for the right buyer!!

Jan 11, 2017 01:08 PM #12
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Chris Ann Cleland

Associate Broker, Bristow, VA
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