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Braemar Townhouse Report: January-February 2012
Braemar Townhouse Report:  January-February 2012
I think it's safe to say that the mild winter of 2011-2012 is behind us.  Spring has sprung in Braemar.  Flowers are blooming much earlier this year as a result of unseasonably warm temperatures we saw in the first two months of the year.  Not only were January and February good to us weather wise, the sales activity for Braemar townhouss was quite favorable.  So are you ready for some good news?  I hope so.  As usual, the stats for Braemar townhouse sales are divided into two categories:  Garage and No Garage.
To start, Townhouses with No Garage saw five resales in the first two months of the year.  The high sold price was $265,000 and the low sold price was $212,000.   The average of all five sales gives us our new average market value for No Garage Townhouses of $239,000.  That's a 2% increase since last report.  And since there were no resales of No Garage Townhouses in January and February 2011, we have no year to year comparison.
If you placed your No Garage Townhouse on the market, priced to current market conditions, you could expect it to be under contract in an average of ... more

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