south riding: South Riding Weekly Update 6/23/08 to 6/30/08
- 10/20/08 12:22 PM
INTRODUCTIONAs of today, October 20 , 2008, there are 67 active listings in MLS and 15 homes that went under contract in the past 30 days. This gives us a current absorption rate of 4.5, which is higher than last week's rate of 4.4. The number of distressed sales out of the total actives and the breakdown is as follows:Short Sale Condos: 0Short Sale Town Homes: 12Short sale Detached Homes: 11Total Short Sales: 23Percent of Short Sales: 34.3%Bank Owned Condos: 0Bank Owned Town Homes: 5Bank Owned Detached Homes: 5Total Bank Owned: 11Percent of Bank Owned: 16.4%Total Distressed Sales: 34Percent of Total … (0 comments)
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south riding: Stone Ridge Weekly Update 10/06/2008-10/13/2008
- 10/13/08 11:53 AM
INTRODUCTIONI hope everyone enjoyed the Columbus Day Holiday, and took some extra time to do the things which are important to you.As of October 13, 2008, there are 29 active listings in MLS and 3 homes that went under contract in the past 30 days. This gives us a current absorption rate of 9.7. which is the same as last week's rate of 9.7. Of the 29 active listings, 10 are new homes from the builder(2 condos, 4 town homes, and 4 detached homes), 11 are traditional re sales the remainder are distressed sales which break down as follows:Short Sale Condos: … (0 comments)
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south riding: South Riding Weekly Update 10/06/2008-10/13/2008
- 10/13/08 11:17 AM
INTRODUCTION
I hope everyone enjoyed the Columbus Day Holiday, and took some extra time to do the things which are important to you.As of today, October 13 , 2008, there are 62 active listings in MLS and 14 homes that went under contract in the past 30 days. This gives us a current absorption rate of 4.4, which is higher than last week's rate of 4.1. The number of distressed sales out of the total actives and the breakdown is as follows:Short Sale Condos: 0Short Sale Town Homes: 8Short sale Detached Homes: 9Total Short Sales: 17Percent of Short Sales: 27.4%
Bank … (0 comments)
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south riding: South Riding 2008 Q3 Summary
- 10/08/08 09:34 AM
IntroductionWelcome to the Q3 sales summary for South Riding. My goal is to make the real estate data relevant to the award winning community we live in. I will continue to post Weekly Updates by end of the day Tuesday which will feature the newly active homes from the previous week, homes going under contract from the previous week, as well as sold homes which went to record the previous week for South Riding. You can also link from my website as well. I hope you find this blog useful in helping you understand what the market is doing. Feel free … (0 comments)
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south riding: Stone Ridge Weekly Update 9/29/2008-10/06/2008
- 10/06/08 04:55 AM
INTRODUCTIONAs of October 6, 2008, there are 29 active listings in MLS and 3 homes that went under contract in the past 30 days. This gives us a current absorption rate of 9.7. which is higher than last week's rate of 6.8. Of the 29 active listings, 10 are new homes from the builder(2 condos, 4 town homes, and 4 detached homes), 11 are traditional sales the remainder are distressed sales which break down as follows:Short Sale Condos: 1Short Sale Town Homes: 2Short Sale Detached Homes: 2Total Short Sales: 5Percent of Short Sales: 17.2%Bank Owned Condos: 1Bank Owned Town Homes: 0Bank … (0 comments)
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south riding: South Riding Weekly Update 9/29/2008-10/06/2008
- 10/06/08 04:07 AM
INTRODUCTION
As of today, October 6 , 2008, there are 58 active listings in MLS and 14 homes that went under contract in the past 30 days. This gives us a current absorption rate of 4.1, which is higher than last week's rate of 3.8. The number of distressed sales out of the total actives and the breakdown is as follows:
Short Sale Condos: 0Short Sale Town Homes: 7Short sale Detached Homes: 8Total Short Sales: 15 Percent of Short Sales: 25.9%
Bank Owned Condos: 0Bank Owned Town Homes: 4Bank Owned Detached Homes: 2
Total Bank Owned: 6 Percent of Bank Owned: … (0 comments)
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south riding: Stone Ridge Weekly Update 6/30/08 to 7/6/08
- 09/29/08 06:59 AM
INTRODUCTIONAs of September 29, 2008, there are 27 active listings in MLS and 4 homes that went under contract in the past 30 days. This gives us a current absorption rate of 6.8. which is higher than last week's rate of 5.0. Of the 27 active listings, 10 are new homes from the builder(2 condos, 4 town homes, and 4 detached homes), 10 are traditional sales the remainder are distressed sales which break down as follows:Short Sale Condos: 1Short Sale Town Homes: 2Short Sale Detached Homes: 2Total Short Sales: 5Percent of Short Sales: 18.5%Bank Owned Condos:Bank Owned Town Homes: 1Bank Owned … (0 comments)
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south riding: South Riding Weekly Update 9/22/2008-9/29/2008
- 09/29/08 05:51 AM
INTRODUCTIONAs of today, September 29 , 2008, there are 64 active listings in MLS and 17 homes that went under contract in the past 30 days. This gives us a current absorption rate of 3.8, which is higher than last week's rate of 3.2. The number of distressed sales out of the total actives and the breakdown is as follows:Short Sale Condos: 0 Short Sale Town Homes:11 Short sale Detached Homes: 6 Total Short Sales: 17Percent of Short Sales: 26.6%Bank Owned Condos: 0 Bank Owned Town Homes: 4 Bank Owned Detached Homes: 3 Total Bank Owned: 7 Percent of Bank Owned: … (0 comments)
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south riding: Stone Ridge Weekly Update 9/15/2008-9/22/2008
- 09/22/08 06:14 AM
INTRODUCTIONAs of September 22, 2008, there are 25 active listings in MLS and 5 homes that went under contract in the past 30 days. This gives us a current absorption rate of 8.3 which is lower than last week's rate of 5.0. Of the 25 active listings, 10 are new homes from the builder(2 condos, 4 town homes, and 4 detached homes), 9 are traditional sales the remainder are distressed sales which break down as follows:
Short Sale Condos: 1
Short Sale Town Homes: 2
Short Sale Detached Homes: 2
Total Short Sales: 5
Percent of Short Sales: 20%
Bank Owned … (0 comments)
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south riding: South Riding Weekly Update 9/15/2008-9/22/2008
- 09/22/08 03:01 AM
INTRODUCTION
As of today, September 22 , 2008, there are 61 active listings in MLS and 19 homes that went under contract in the past 30 days. This gives us a current absorption rate of 3.2, which is higher than last week's rate of 3.1. The number of distressed sales out of the total actives and the breakdown is as follows:
Short Sale Condos: 0Short Sale Town Homes: 9 Short sale Detached Homes: 6Total Short Sales: 15 Percent of Short Sales: 24.6%
Bank Owned Condos: 1Bank Owned Town Homes: 5 Bank Owned Detached Homes: 4 Total Bank Owned: 10Percent of Bank … (0 comments)
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south riding: Stone Ridge Weekly Update 9/08/08 to 9/15/08
- 09/15/08 05:34 AM
INTRODUCTIONAs of September 15, 2008, there are 25 active listings in MLS and 5 homes that went under contract in the past 30 days. This gives us a current absorption rate of 5.0 which is lower than last week's rate of 3.1. Of the 22 active listings, 11 are new homes from the builder(3 condos, 4 town homes, and 4 detached homes), 9 are traditional sales the remainder are distressed sales which break down as follows:Short Sale Condos: 1Short Sale Town Homes: 2Short sale Detached Homes: Total Short Sales: 3Percent of Short Sales: 12%Bank Owned Condos: Bank Owned Town Homes: 1 … (0 comments)
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south riding: South Riding Weekly Update 9/8/2008-9/15/2008
- 09/15/08 03:20 AM
INTRODUCTION
As of today, September 15 , 2008, there are 62 active listings in MLS and 20 homes that went under contract in the past 30 days. This gives us a current absorption rate of 3.1, which is higher than last week's rate of 3.0. The number of distressed sales out of the total actives and the breakdown is as follows:
Short Sale Condos: 0
Short Sale Town Homes: 8
Short sale Detached Homes: 6 T
otal Short Sales: 14
Percent of Short Sales: 22.6%
Bank Owned Condos: 1
Bank Owned Town Homes: 7
Bank Owned Detached Homes: 2
Total Bank … (0 comments)
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south riding: Stone Ridge Weekly Update 9/01/08 to 9/08/08
- 09/08/08 11:14 AM
INTRODUCTIONAs of September 8, 2008, there are 22 active listings in MLS and 7 homes that went under contract in the past 30 days. This gives us a current absorption rate of 3.1 which is lower than last week's rate of 5.0. Of the 22 active listings, 11 are new homes from the builder(3 condos, 4 town homes, and 4 detached homes), 8 are traditional sales the remainder are distressed sales which break down as follows:Short Sale Condos: 1Short Sale Town Homes: 1Short sale Detached Homes: Total Short Sales: 2Percent of Short Sales: 9.1%Bank Owned Condos: 1Bank Owned Town Homes: 0 … (0 comments)
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south riding: South Riding Weekly Update 9/1/2008-9/8/2008
- 09/08/08 10:07 AM
INTRODUCTION
As of today, September 8 , 2008, there are 59 active listings in MLS and 20 homes that went under contract in the past 30 days. This gives us a current absorption rate of 3.0, which is lower than last week's rate of 4.1. The number of distressed sales out of the total actives and the breakdown is as follows:Short Sale Town Homes: 7Short sale Detached Homes: 5Total Short Sales: 12Percent of Short Sales: 20.3%Bank Owned Town Homes: 8Bank Owned Detached Homes: 2Total Bank Owned: 10Percent of Bank Owned: 16.9%Total Distressed Sales: 20Percent of Total Distressed Sales: 33.9%
NEW … (0 comments)
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south riding: Stone Ridge Weekly Update 8/25/08 to 9/01/08
- 09/01/08 10:37 AM
Happy Labor Day! I hope you are enjoying the long weekend. INTRODUCTIONAs of September 1, 2008, there are 25 active listings in MLS and 5 homes that went under contract in the past 30 days. This gives us a current absorption rate of 5.0 which is lower than last week's rate of 11.5. Of the 25 active listings, 11 are new homes from the builder(3 condos, 4 town homes, and 4 detached homes), 9 are traditional sales the remainder are distressed sales which break down as follows:Short Sale Condos: 1Short Sale Town Homes: 1Short sale Detached Homes: 1Total Short Sales: 3Percent … (0 comments)
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south riding: South Riding Weekly Update 8/25/2008-9/1/2008
- 09/01/08 09:36 AM
Happy Labor Day! I hope you are enjoying the long weekend.INTRODUCTIONAs of today, September 1 , 2008, there are 71 active listings in MLS and 17 homes that went under contract in the past 30 days. This gives us a current absorption rate of 4.1, which is lower than last week's rate of 5.1. The number of distressed sales out of the total actives and the breakdown is as follows:Short Sale Town Homes: 10Short sale Detached Homes: 8Total Short Sales: 18Percent of Short Sales: 25.4%Bank Owned Town Homes: 8Bank Owned Detached Homes: 2Total Bank Owned: 8Percent of Bank Owned: 14.1%Total Distressed … (0 comments)
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south riding: Stone Ridge Weekly Update 8/18/08 to 8/25/08
- 08/25/08 04:18 PM
INTRODUCTION
As of August 18, 2008, there are 23 active listings in MLS and 2 homes that went under contract in the past 30 days. This gives us a current absorption rate of 11.5 which is higher than last week's rate of 4.1. Of the 23 active listings, 11 are new homes from the builder(3 condos, 3 town homes, and 5 detached homes), 7 are traditional sales the remainder are distressed sales which break down as follows:Short Sale Condos: 1Short Sale Town Homes: 1Short sale Detached Homes: 0Total Short Sales: 2Percent of Short Sales: 8.7%Bank Owned Condos: 1Bank Owned Town Homes: … (0 comments)
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south riding: South Riding Weekly Update 8/18/08-8/25/08
- 08/25/08 08:10 AM
INTRODUCTION
As of today, August 18, 2008, there are 76 active listings in MLS and 15 homes that went under contract in the past 30 days. This gives us a current absorption rate of 5.1, which is higher than last week's rate of 4.1. The number of distressed sales out of the total actives and the breakdown is as follows:Short Sale Town Homes: 12Short sale Detached Homes: 9Total Short Sales: 21Percent of Short Sales: 27.6%Bank Owned Town Homes: 6Bank Owned Detached Homes: 2Total Bank Owned: 8Percent of Bank Owned: 10.5%Total Distressed Sales: 29Percent of Total Distressed Sales: 38.2%
NEW LISTINGS
According … (0 comments)
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south riding: Stone Ridge Weekly Update 7/28/08 to 8/04/08
- 08/19/08 07:24 AM
INTRODUCTIONAs of August 18, 2008, there are 22 active listings in MLS and 4 homes that went under contract in the past 30 days. This gives us a current absorption rate of 4.1, which is lower than last week's rate of 8. Of the 22 active listings, 10 are new homes from the builder(3 condos, 2 town homes, and 5 detached homes), 1 is a short sale - a condo, 2 are re locations (1 town home, 1 detached home) 9 are traditional sales.NEW LISTINGSAccording to MLS, there was 1 home which is new on the market this week, 2 less … (5 comments)
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south riding: South Riding Weekly Update 8/11/08-8/18/08
- 08/18/08 03:05 AM
INTRODUCTIONAs of today, August 18, 2008, there are 78 active listings in MLS and 19 homes that went under contract in the past 30 days. This gives us a current absorption rate of 4.1, which is higher than last week's rate of 3.9.NEW LISTINGSAccording to MLS, there were 6 new listings during the period of 8/11/08 to 8/18/08, 1 is a distressed sales:Town Homes26090 Lands End Dr $349,90042792 Cedar Hedge St $349,900 (short sale)26069 Lands End Dr $359,99043214 Center St $380,00043547 Mink Meadows St $389,900Detached Homes43038 Castlemar St $699,000This is 2 less homes that came on to the market compared to … (0 comments)
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INTRODUCTIONAs of today, October 20 , 2008, there are 67 active listings in MLS and 15 homes that went under contract in the past 30 days. This gives us a current absorption rate of 4.5, which is higher than last week's rate of 4.4. The number of distressed sales out of the total actives and the breakdown is as follows:Short Sale Condos: 0Short Sale Town Homes: 12Short sale Detached Homes: 11Total Short Sales: 23Percent of Short Sales: 34.3%Bank Owned Condos: 0Bank Owned Town Homes: 5Bank Owned Detached Homes: 5Total Bank Owned: 11Percent of Bank Owned: 16.4%Total Distressed Sales: 34Percent of Total … (0 comments)
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