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Arista Series Home Sales in Braemar: January-February 2008

By
Real Estate Agent with Long and Foster Real Estate VA License # 0225089470

Live in a large single family home in Braemar, but not sure if it is an ARISTA SERIES home?  Well, to begin, the builder of the Arista Series was Brookfield Homes.  Furthermore, there are only three floorplans in this series:  the Canterbury (by far the most popular in the neighborhood), the Allister and the Buckingham. 

Once every other month I take a look at the sales activity in these homes throughout Braemar and report it back to the community in the Braemar Property Value ReportThe average sales price for these homes is now standing at $549,900 with average closing cost assistance to buyers from sellers being $13,748.  The average number of days it took to sell a home: 182.  

These figures are based on one resale from January this year.  However, this is the problem that seems to plague these homes in this declining market.  We are lucky to see one, every two months, sell.

By comparison, average sales figures for the previous report, ending December 2007 were similar.  Average sales price was higher at $570,000, but average closing cost assistance was $26,500.  Number of days it took to sell: 9.*  (*This was a new construction home) 

One year ago, those numbers were a bit more healthy.  Average sales price from February 2007 was $599,900 and the closing cost assistance was averaging out at $10,000.  Number of days it took to sell a home: 223.

If you would like to be put on the mailing list for this Braemar Property Value Report, Arista Series, please get in touch with me and send me your information.  You can also look back to historical sales information on my website:  www.nvarealestate.net.  Click the link for Bramaer Property Value Report Online, and you'll find average sale prices dating back into 2005.

Comments(3)

Anne Clark
Metro Referrals - Gainesville, VA

I really like how your Braemar Property value reports have evolved over time.  Adding pictures and charts was a good call.

Oct 21, 2010 02:25 PM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA
Anne: When I first started including these Braemar market reports in my blog, I really was focused on just typing in the information. I'm happy with the changes I've made as well.
Oct 21, 2010 02:48 PM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

FOR INFORMATION ON BRAEMAR'S 2010 HALLOWEEN SPOOKTACULAR, CLICK THE LINK PROVIDED.

Oct 28, 2010 01:11 PM