Braemar Townhouse Report: July-August 2013
What a gorgeous weekend to have in the middle of September. Fall is here and I'm loving it. Of course, before we id farewell to sun and fun of summer, we have a chance to look back and see how Braemar townhouse values fared during the last two months of the season. For the purposes of this report, a townhouse is attached on two sides and has a back yard.
There were ten resales of Braemar townhouses in July and August. The high sold price was $300,000 and the low sold price was $245,000. The average of all nine give us our new average market value of Braemar townhouses of $278,640. That's nearly a 2% increase in value since last report and over a 6.5% increase since last year. Those are great numbers to see.
If you placed your Braemar townhouse on the market today, priced to current market conditions, you could expect it to be under contract in an average of under two weeks. You could also expect a buyer to ask for an average of a little more than 1% of the sales price in closing cost help.
The next Braemar Townhouse Report will be out in November and will detail sales from September and October. Until then, if you are interested in selling your Braemar townhouse, call me for a free market analysis of your specific home's value. I've been a Braemar home owner 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 I can help you get your Braemar home sold quickly and for the maximum amount of money. And remember, no one knows Braemar better!
And if you want to be a member of a neighborhood Facebook group that will always allow links to these reports, please join my new Braemar Facebook group. You can start any neighborhood conversation you like to there, be it promoting your own local business or just chatting about neighborhood events.
Chris Ann Cleland, Associate Broker-Licensed in VA, 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)
Carriage Series (smaller single family homes with detached garages, Brookfield Homes)
Courtyard Series (executive style home, five to a private driveway, Brookfield Homes)
Heritage Series (mid-sized single family homes, Brookfield Homes)
NV Homes (single family homes built by NV Homes)
Ryan Homes (single family homes built by Ryan Homes)
Condo Quarterly (townhouse style condos)