braemar condo values bristow va: Braemar Condo Quarterly: April-June 2017 (2nd Quarter) - 07/12/17 09:50 AM
Braemar Condo Quarterly: April-June 2017 (2nd Quarter)
We are well into summer in Braemar and I am sure that folks in the condos are happy with their proximity to the Iona Sound community pool.  Of course, that is likely with the exception of swim meet mornings when parking around that pool reminds you of a big box store on Black Friday.  There are pluses and minuses to everything in life, promixity to the community pool used by the Braemar Blasters for their swim meets included.
Being well into summer means that I can share the second quarter Braemar Condo Quarterly data with you … (2 comments)

braemar condo values bristow va: Braemar Condo Quarterly: January-March 2017 (1st Quarter) - 04/24/17 04:34 PM
Braemar Condo Quarterly:  January-March 2017 (1st Quarter)
If April showers bring May flowers, May is going to be very colorful in Braemar.  It's been a pretty dreary stretch, but I'll take this rainy Monday to catch you up on Braemar condo values for the first quarter.  This report, however, we're going to do things a little bit differently to give you a more accurate view of what direction values are going by incorporating rolling six month and twelve month figures.
There was only one sale of a Braemar condo in the first quarter.  It happened on March 24th.  It was an end unit … (3 comments)

braemar condo values bristow va: Braemar Condo Quarterly: July-September 2016 - 11/04/16 06:43 AM
Braemar Condo Quarterly:  July-September 2016
We are well into fall in Braemar.  Driving to meet an appraiser in the neighborhood today, and admiring the brilliant foliage, I suddenly remembered that I had not prepared my Braemar third quarter market reports.  Yikes!  So without further delay, let's get it to it in this edition of the Braemar Condo Quarterly.
The third quarter of 2016 was definitely slower than the third quarter of 2015 when it came to Braemar condo sales.  Where six had sold during the third quarter of 2015, there was only one Braemar condo sale in the third quarter of 2016.  The … (2 comments)

braemar condo values bristow va: Braemar Condo Quarterly: April-June 2016 - 07/12/16 02:22 AM
Braemar Condo Quarterly:  April-June 2016
The second quarter of the year tends to be where we see the action in Braemar condo sales.  Let's take a look back at the second quarter of 2016 and see how many sales of Braemar condos we had and what the means to our average value.  
Before we begin, you may not realize that Braemar actually has condos.  They look like townhouses.  Condo simply refers to a type of ownerships which is different than any other type of home in the community.  The sub-association that controls the Braemar condos is Barrhill at Inverness Village. If you … (3 comments)

braemar condo values bristow va: Braemar Condo Quarterly: January-March 2016 - 04/17/16 03:21 AM
Braemar Condo Quarterly:  January-March 2016
The first quarter of 2016 is behind us, which means it is time to look back at the first three months of the year and see what happened to Braemar Condo values.  If you weren't aware the Braemar had condos, we do.  They look like townhouses.  Some have garages, others do not.   "Condo" simply refers to the type of ownership, which is far different from any other type of home in the community.  
You know you live in a Braemar condo if you pay condo fees to Barrhill at Inverness Village.  For instance, a condo's structure is … (4 comments)

braemar condo values bristow va: Braemar Condo Quarterly: October-December 2015 - 01/17/16 07:04 AM
Braemar Condo Quarterly:  October-December 2015
It finally felt like winter today with the small snowflakes falling from the sky.  Of course, the fourth quarter of 2015 brought exceptionally mild weather.  I don't ever remember having a Christmas with temps near seventy.
Right now, it is time for another Braemar Condo Quarterly.  This one is focusing on those last three months of 2015 as it pertains to Braemar condo sales.  
There were only two Braemar condos that sold in the fourth quarter of 2015 and they both happened in late October.  The high sold price was $260,000; the low, $245,000. Both of those numbers … (5 comments)

braemar condo values bristow va: Braemar Condo Quarterly: July-September 2015 - 11/21/15 09:06 AM

Braemar Condo Quarterly:  July-September 2015
The third quarter of the year is well behind us.  Looking back on the activity in the Braemar real estate market, it may well have been one of the busiest quarters for Braemar condo sales.  If you recall, we had only two sales of Braemar condos in third quarter of 2014.   There were three sales in the second quarter of 2015, which was our last reporting period.
With six sales in the third quarter of 2015, we have a high sales price of $255,000 and a low sales price of $231,000.  The average condo sales price was … (3 comments)

braemar condo values bristow va: Braemar Condo Quarterly: April-June 2015 - 07/21/15 05:32 AM
Braemar Condo Quarterly:  April-June 2015
The second quarter of 2015 is behind us and it is time to take a look back at the Braemar real estate market and see how our condo values did between April and June.  With only one sale in the first quarter of 2015, things have to have picked up.  So without further delay, let's get to it.
Thankfully, there were a number of sales to report for the second quarter where Braemar condos are concerned.  There were three sales.  And oddly enough, all three sales were for the exact same amount:  $250,000.  That means an increase in … (4 comments)

braemar condo values bristow va: Braemar Condo Quarterly: January-March 2015 - 05/12/15 01:25 AM
Braemar Condo Quarterly:  January-March 2015
The first quarter of 2015 started with a bang and hasn't slowed down in the Bristow real estate market.  Buyer demand has been incredible.  Of course, we can only sell the homes that come on the market, and sometimes lack of inventory is a problem.  Let's see what happened with Braemar condos during the first quarter of the year.
Just like the first quarter of last year, there was only one Braemar condo that sold.  For some reason, Braemar sellers seem to like to wait until spring, though buyers were out in full force in January.  The sold … (2 comments)

braemar condo values bristow va: Braemar Condo Quarterly: October-December 2014 - 02/03/15 06:37 AM
Braemar Condo Quarterly:  October-December 2014
Punxsutawney Phil has spoken and we are expected to have another six weeks of winter.  A lot of Bristow buyers aren't waiting until spring to get out and find a home.  Problem is, a lot of Bristow sellers aren't ready to sell.  For now, let's take a look back at the last quarter of 2014 and see what happened with Braemar condo values.
Two condos sold in the last three months of 2014.  The highest sold price was $247,000.  The lowest $245,000.  Their average gives us our new average market value for a Braemar condo of $246,000. That … (4 comments)

braemar condo values bristow va: Braemar Condo Quarterly: April-June 2014 - 07/12/14 05:35 AM
Braemar Condo Quarterly:  April-June 2014
The second quarter of 2014 is behind us and we can now take a look back and see what happened with Braemar condo values.  The first quarter left us with a value of $240,000 from one sale.   The second quarter of 20013 left us an average value of $227,750.  So where do we stand right now?
At the close of the second quarter, there were two active Braemar condo listings.  One was priced at $245,000 and the other at $254,800.  Since neither one had been chosen by a buyer, even at the time of this report, … (0 comments)

braemar condo values bristow va: Braemar Condo Quarterly: July-September 2013 - 10/03/13 11:22 AM
Braemar Condo Quarterly:  July-September 2013
The chill of fall is in the air and the leaves in Braemar are changing into their autumn colors.  We have hit the beginning of the fourth quarter of 2013.  This is the time when we look back to the third quarter of 2013 and see what happened in the Braemar condo market.  
As of today, October 3, 2013, there is Braemar condo on the market priced at $250,000.  There are also two Braemar condos under contract with list prices at $239,950 and $243,900.  That's what is happening NOW.  But what happened between July and … (1 comments)

braemar condo values bristow va: Braemar Condo Quarterly: April-June 2013 - 07/19/13 11:36 AM
Braemar Condo Quarterly:  April-June 2013
To say the Braemar and surrounding Bristow real estate market have been hot this year is an understatement.  There is a serious shortage of inventory for the buyers that want to own property in our area.  Braemar condos are in major demand because of their price range.  They are great for first-time buyers.
The second quarter saw the same number of sales, two, as the first quarter.  The average sales price was up 4% since the first quarter which is great. High sales price was down 2% and low sales price was up 11.5% since the … (7 comments)

braemar condo values bristow va: Another Bristow, VA Townhouse SOLD! - 07/17/13 07:38 AM
Another Bristow, VA Townhouse SOLD!
There's a first time for everything in a real estate career.  This townhouse-style condo in Bristow's community of Braemar was sold as a Short Sale by me in March 2009.  Back then, it sold for $154,000...a couple thousand off of its list price.  I was surprised a couple months ago when the Buyer of that Short Sale called me to list the home for sale.  When I asked her why she didn't call the agent that had represented her, she replied, "You already sold it once.  You know the house.  And you know Braemar like the … (8 comments)

braemar condo values bristow va: Braemar Condo Quarterly: July-September 2012 - 10/16/12 10:39 AM
Braemar Condo Quarterly:  July-September 2012
The third quarter is officially behind us as we are well into October and looking forward to Halloween and Braemar's Spooktacular Movie Night.  This means it's time to look back at the third quarter of 2012 and see what happened in the Braemar condo market.  There were no sales in the second quarter to report, so any comparisons we make will be the third quarter of 2011.
As of October 16th, there is only one Braemar condo on the market.  It is a Short Sale that is pending sale, having gone under contract in July.  There … (3 comments)

braemar condo values bristow va: Braemar Condo Quarterly: October 2011-December 2011 - 01/01/12 01:05 PM
Braemar Condo Quarterly:  October 2011-December 2011
Time for the year end wrap up of the Braemar condo market.  The fourth quarter of Braemar condo sales was certainly more active than the third quarter.  When statistics were pulled for sales that closed from October 1, 2011 to December 31, 2011 there was only Braemar condo that was lingering under contract.  As of today, January 1st, there are no active listings for Braemar condos.
There five Braemar condos sold during the fourth quarter of 2011.  The majority of them, three to be exact, were Short Sales.  The remaining two included one traditional sale … (8 comments)

braemar condo values bristow va: Braemar Condo Quarterly: July 2011-September 2011 - 10/02/11 06:52 AM
Braemar Condo Quarterly:  July 2011-September 2011
Three more months of Braemar condo sales are officially on the books.  Let's take a look and see if Braemar condo values are increasing, stabilizing or decreasing.
As of today, October 2nd, there are three Braemar condos under contract and one available for sale.  Those under contract are Short Sales.  The one left for a Buyer to snag is a Foreclosure.  When looking at the range of list prices between these four Braemar condos, we see a low of $174,900 to a high of $220,000.  If you guessed that the high list price was the … (0 comments)

braemar condo values bristow va: Braemar Condo Quarterly: April 2011-June 2011 - 07/02/11 05:51 AM
The second quarter of 2011 is officially behind us and the Braemar community pools are busy entertaining now that school is out.  So what happened with Braemar condo resales during the second quarter of 2011? 
Well, just like the first quarter of the year, there were only two resales of Braemar condos during the second quarter.  One was a Short Sale, the other a Foreclosure.  And at the time of this report, there are two Short Sales under contract and one Short Sale active on the Braemar condo market.  Clearly, the Braemar condo market is still dominated by Short Sales.

The average … (2 comments)

braemar condo values bristow va: Braemar Condo Quarterly: January 2011-March 2011 - 04/08/11 05:43 AM
With the first quarter of 2011 behind us, it's time to take a look at the first three months' resale activity for condos in Braemar.  This will give us a great idea as to the average market value for Braemar condos and other market factors at work in our local real estate market.
There were only two resales of Braemar condos during the first quarter.  This is two fewer than the fourth quarter of 2010.  However, with both of the condos having sold for $205,000, our average market value is up over 3% in one quarter.  The two sales were comprised … (4 comments)

braemar condo values bristow va: Braemar Condo Quarterly: October 2010-December 2010 - 01/04/11 01:48 AM
Happy New Year!  The changing of the calendars to 2011 gives us the opportunity to look back at Braemar condo sales in this fourth quarter edition of the Braemar Condo Quarterly.  This is a look back at condo sales in Braemar during the past three months to determine average sales price and other market factors.  This is also a great tool to set expectations of Braemar Condo Buyers and Sellers.
For starters, there was one more sale in this fourth quarter of 2010 than there was in the third quater.  All but one of those condos have a one car garage.  And three … (5 comments)

 
Chris Ann Cleland, Associate Broker, Bristow, VA (Long and Foster REALTORS®, Gainesville, VA) Ambassador large

Chris Ann Cleland

Associate Broker, Bristow, VA

Bristow, VA

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Long and Foster REALTORS®, Gainesville, VA

Address: 10748 Sudley Manor Drive, Manassas, VA, 20109

Fax: 703-335-5813

Mobile: 703-402-0037

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