sales: Gates of McLean Re-Cap for 1st Quarter 2009 - 04/05/09 06:23 AM
What happened in the first quarter of 2009 in the Gates of McLean? The good news is that there were 4 SOLD properties. Those properties were actively on the market an average of 53 days, and they sold for an average of -5.42% (that minus in front means negative). There was also an average of $500 seller subsidy (also referred to as closing cost help from seller to buyer).What types of sales were these 4 transactions?Regular Sale = 2Short Sale = 0Bank Owned Property = 2What style homes were these 4 properties?1 Bedroom = 1 (Danielle)2 Bedroom = 2 (Logan + … (0 comments)

sales: 01-25-09 = Today's Snapshot = Shirlington Village (Arlington) - 01/25/09 12:43 AM
There have been no SOLD properties of record this year for Shirlington Village, so let's talk about what's available.  I have data on 2 units that are available for purchase.  There is a one bedroom 2 bathroom with over 1000 square feet that his been on the market for over 150 days.  Then there is a one bedroom one bathroom model that has been on the market for just about as long, save a few days.  Both are located on the seventh floor.

While there has been 1 property rented this month.  It was a 2 bedroom 2 bathroom model … (0 comments)

sales: 4th Quarter 2008 Review - Rotonda (Tysons Corner) - 01/09/09 07:06 AM
In the 4th Quarter of 2008 there were 8 SOLD properties in the Rotonda. The majority of those, 5, were 2 bedroom 2 bathroom models. More data is below.However as a whole the community averages for the 4th Quarter of 2008 are as follows = - 94.8% Net Sold to List price ratio- 132 Average Days on the Market- $1,812.50 Average Seller ConcessionsIn the 4th Quarter of 2008 there was slightly more happening in the Rental market in the Rotonda. 9 properties were RENTED in that quarter. Unlike in the sales side, the majority of these, 6, were 1 bedroom 1 … (0 comments)

sales: 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)

sales: 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)

sales: 12-29-08 = Available NOW (BUY or RENT) @ Lillian Court - 12/29/08 12:04 PM
The Lillian Court real estate market has 7 properties available right now. 4 of those are for rent, and the other 3 are for purchase.RentThere are 4 completely different homes for rent. And accordingly so, they all have a different rental asking price.- One Bedroom One Bathroom asking $1,350/month- Two Bedroom One Bathroom asking $1,496/month- Three Bedroom Three Bathroom, on Two levels, asking $2,300/month- Two Bedroom Two Bathroom asking $2,500/monthFor PurchaseJust like the properties for rent there are 3 different models for sale, and each has a different asking price to buy.- One Bedroom One Bathroom asking $249,900- Two Bedroom One … (0 comments)

sales: Shirlington Village September Real Estate - 10/02/08 02:36 PM
Will this trendy area be able to withstand the seasonal drop off of real estate transactions?See the September statistics below:ZERO homes SOLD in September at Shirlington VillageOne that's available now = http://picasaweb.google.com/AgentKnows/ShirlingtonVillageLoftCondoForSale#ZERO homes RENTED in the month of SeptemberOne that's available now = http://picasaweb.google.com/AgentKnows/2720ArlingtonMillDrS2BedroomForRENT#CLICK HERE --> For more Stats and Downloadable Shirlington Village informationInformation gathered from the MRIS. Information is deemed reliable, but not accurate.
… (0 comments)

sales: September Rental/Sales Statistics = Gates of McLean - 10/02/08 01:36 PM
The weather is getting colder, and so is the pace of real estate.See the September statistics below:1 home SOLD in September at The Gates of McLean- One 1 Bedrooms--> SOLD Price = $225,000--> Model SOLD = Danielle- Zero 2 Bedrooms- ZERO 3 BedroomsRENTALS:3 homes RENTED in the month of September- One1 Bedroom--> RENTED Price = $1300/month- Two 2 Bedrooms--> High RENTED Price = $1800/month--> Low RENTED Price = $1700/month--> Average RENTED Price = $1750/month- Zero 3 BedroomCLICK HERE --> For more Stats and Downloadable Gates of McLean informationInformation gathered from the MRIS. Information is deemed reliable, but not accurate.
… (0 comments)

sales: September Fountains at McLean Sales/Rental Data - 10/02/08 01:14 PM
Well kids are back in school, and now September is part of the past.But what of the listings for sale? or for rent?See the statistics below:1 home SOLD in September in the Fountains at McLean- It was a 2 Bedroom 2 Bathroom home--> SOLD Price = $254,900--> Model = DogwoodRENTALS:2 homes RENTED in the month of August- Two2 Bedrooms--> High RENTED Price = $1675/month--> Low RENTED Price = $1600/month--> Average RENTED Price = $1638/monthCLICK HERE --> for more Fountains Stats and Downloadable informationInformation gathered from the MRIS. Information is deemed reliable, but not accurate.
… (0 comments)

sales: Where does the inventory go? - 08/22/08 02:22 PM
For a while after the market turned the rental market was somewhat HOT. Many chose not to buy, or their financial situation made it so that they weren't able to buy. Well this turned buyers into renters. And with supply and demand factors that greatly increased the demand for rental property. That was good for landlords. Many properties rented quickly, and for sizeable rents. Landlords increased rents they were asking, and often got it.Well that same market continued, and since buyers weren't buying sellers started to have problems. If they couldn't sell what would they do? They decided to try to … (1 comments)