december: Rotonda has some sales in December 2008 - month recap - 01/02/09 02:03 PM
The Rotonda was significantly more active in terms of Real Estate transactions compared to most of ther other Tysons Corner communities for December 2008. There were 5 SOLD properties, and "x" RENTED properties.Of the 5 SOLD properties this month, 4 were 2 bedroom 2 bathroom style, the other 1 was a 1 bedroom 1 bathroom. These 2 bedrooms averaged out to sell for $362,225 and in an average of 117 days on the market. The high SOLD price was $385,000, with the low SOLD price being $290,000. There was also an average subsidy, to the buyer, of $2,375.The 1 bedroom settled … (0 comments)

december: Fountains at McLean - water still on for something in December 2008 - 01/02/09 01:47 PM
Although the temperatures aren't very high in December there was still some life in the Fountains real estate market.In December there were 1 SOLD property, and 3 RENTED properties at the Fountains at McLean.The property that SOLD in December was a 1 bedroom 1 bathroom Pine model. It took 174 days to get a CONTRACT. The home sold for $215,000 and gave the buyer another $5,500 in subsidy. That equals out to a net to the seller of $209,500. This was also equivelant to 89% of the original asking price.The 3 properties that RENTED in this month were all of the … (0 comments)

december: Sales and Rentals (NOT) in December 2008 in the Gates of McLean - 01/02/09 01:33 PM
What happened in the Gates of McLean in December of 2008? Well in terms of Real Estate, here's a recap:There was 1 SOLD property, and 0 (zero) properties that RENTED.The property that SOLD was a 2 bedroom 2 bathroom Preston model. This is the biggest 2 bedroom in the mid-rise buildings (see earlier blog if not sure about mid-rise vs. garden style building). This home sold for $$317,000 with a subsidy of $8,000. So an effective net price to the seller of $309,000. Coincidentally this was a bank owned property.The lack of rental activity is not suprising. December is one of … (0 comments)

december: Lillian Court (Tyons Corner) - December 2008 in Review - 01/02/09 01:19 PM
December is always a fun month in general. Lots of Holidays, and the coming of the new year. This year was no different. However, all those things are independant of real estate.In the Lillian Court neighborhood in December there was 1 property SOLD, and 4 properties RENTED.The only SOLD property of the month was a 2 bedroom 2 bathroom 1002 square foot Jacob model. It SOLD for $370,000. The property was on the market for 30 days. When first going on the market it had been available simultaneously for RENT or for SALE. It SOLD for 92.5% of it's original list … (0 comments)