Braemar Property Values: January-February 2013 (Courtyard Series)

Real Estate Agent with Long and Foster REALTORS®, Gainesville, VA VA License # 0225089470

Braemar Property Values:  January-February 2013 (Courtyard Series)

Braemar is bathed in sunshine today and I love it.  I was worried that with all the overcast weather we'd had lately, we would hit daylight savings time and not even see the sun.  Spring finally feels like it is here.

With January and February behind us, we can look back to those months and see how the Braemar Courtyard homes fared in terms of sales.  In case you are unfamiliar, a Braemar Courtyard home is one of three different models that share a private courtyard driveway and have very small yards.  Models include the Arlington, Ballston and Clarendon.

Seems that a lot of the different series of homes in Braemar were in the same boat for January and February that the Courtyard homes often find themselves in.  That is with one sale in a span of two months.  For the Courtyard homes, the sale was an Arlington style home with four bedrooms, three and a half bathrooms and a fully finished basement.  It listed for $324,900 and sold for $331,000.  That $331,000 is now our average market value for Braemar Courtyard homes for the first two months of 2013.  It represents over a 4.5% drop in average market value since last report, but over a 3% increase in average market value since last year.  So overall, this is not bad news.

If you placed your Braemar Courtyard home on the market, priced to current market conditions, this report indicates that you could expect it to be under contract in about a month and a half.  You could also expect a buyer to ask for nearly 3% of the sales price in closing cost assistance.

The next Braemar Property Value Report will be out in May and will detail sales from March and April.  Until then, if you are thinking of selling your Braemar home, give me a call for a free market analysis.  I've been a Braemar resident and full-time Bristow Real Estate Agent since 2005. In 2007, I added the distinction of being a Short Sale Agent to my resume.  No matter what your equity position, I can get your Braemar home sold as fast as possible, and for the most amount of money.  And remember, no one knows Braemar better!

Chris Ann Cleland, Associate Broker-Licensed in Virginia, Long & Foster REALTORS®




Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)


You can see the most recent property values in Braemar by clicking the links below:

Arista Series  (large single family homes built by Brookfield Homes)

Carrige Series (smaller single family homes with detached garages, Brookfield Homes)

Heritage Series (mid-sized single family homes, Brookfield Homes)

Braemar Townhouse Report ( traditional townhouses with small back yards)



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Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Wow, selling over list price in Braemar -- I love it. I love it almost as much as I love spring. But daylight savings time takes some getting used to. I have a really hard time when the time moves forward. That's why going to the East Coast from California is so much harder than, say, going to Hawaii.

Mar 10, 2013 04:59 AM #1
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

HIH Chris,,,Nice to read some positives in our industry...Thanks for sharing with us in Active Rain Land.

Mar 10, 2013 05:32 AM #2
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Elizabeth:  It does take some adjusting.  I am not an early riser.

Ronald:  There are all kind of positive trends happening in local markets.    

Mar 10, 2013 05:45 AM #3
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Chris Ann Cleland

Associate Broker, Bristow, VA
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