culpeper county real estate: May Numbers for Culpeper, Fauquier, Rappahannock & Prince William
- 06/13/08 12:15 AM
There's a constant refrain here. And, I know I sound like a record stuck in a groove. But May numbers continue to reinforce that we've still got too much inventory. Culpeper County shows we're only eight units off where we were last year at this time. The good news is that sales jumped substantially this month. And, I'm not using month over month comparisons, but year over year. Both new contracts and closed sales took a big jump. But that pace is going to need to continue for months in order to start to see the reduction in inventory we need … (0 comments)
culpeper county real estate: Story of a House
- 07/12/07 06:46 AM
Generally, I look at data on my blog on a county level. That's really like looking at the forest. But sometimes looking at a specific tree can be more instructional. So today I'd like to take a look at a specific house and it's recent history in search of a buyer. This home is in the subdivision of Erinbrook in northern Culpeper County. This home is a three bedroom, two and a half bath rambler with a bonus room over the two car garage. It has a very open floor plan with vaulted celings in the main living area. It sits on 1.6 … (1 comments)
culpeper county real estate: Quail Ridge Subdivision
- 04/27/07 08:09 AM
Quail Ridge is a subdivision in Amissville in the northwest corner of Culpeper County. You'll find just about every style of home here, set on large lots of 2+ acres with plenty of mature trees. There are approximately 250 homes in this subdivision, making it one of the larger communities in the area, and certainly the largest in Amissville. There are four properties for sale in this subdivision. Prices range from $409,000 to $469,000. Days on market ranges from 89 days to 331 days. As it happens, all four properties currently for sale are colonials. There are no properties currently under contract … (0 comments)
culpeper county real estate: New Economic Numbers
- 04/24/07 08:55 AM
There's news on the economic front today that sheds light on the housing market. The first news is the existing home sales for March. The numbers show a drop of 8.4% over February's numbers. This is the largest drop in 18 years, taking us back to the really ugly real estate market of 1989. The second piece of economic data just out is the consumer confidence numbers. The number declined for the second month in a row. Much of the reason for the decline seemed to have to do with gas prices at the pump. And that is certainly a factor in … (1 comments)
culpeper county real estate: South Wales Subdivision in Culpeper County Virginia
- 04/21/07 02:04 PM
It's time to take a close up look at the South Wales subdivision in Jeffersonton in northwest Culpeper County. There are currently 18 homes for sale here. The low price is $450,000 and the highest priced is $599,900. The days on market ranges from just under two weeks to well over two years. During the last year 10 properties sold. That means that at current sales rates there is enough inventory to last almost two years. If you put your home on the market today and everything currently on the market had to sell before yours did you could plan on selling yours … (0 comments)
There's a constant refrain here. And, I know I sound like a record stuck in a groove. But May numbers continue to reinforce that we've still got too much inventory.;)
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