Braemar Condo Quarterly: October-December 2013

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

Braemar Condo Quarterly:  October-December 2013

As I write this Braemar condo report, the remnants of what was supposed to be a snow storm, producing eight inches of snow, is fizzling out in Bristow, VA.  In the end, it will have left us with maybe three inches of snow.  Just goes to show that predictions have a degree of uncertainty.  

Based on the Braemar Condo Quarterly for the third quarter of 2013, I would have thought that values would continue to rise for Braemar condos.  Well, that is not what happened.  In the fourth quarter of 2013 there were three Braemar condos that sold.  The high sold price was $240,000 and the low was $227,000.  Both were lower than the high and low in the third quarter.  The average sold price for the fourth quarter was $232,000, down 4.5% since last report.  

Braemar Condo Quarterly:  October-December 2013

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037If you placed your Braemar condo on the market, priced to current market conditions, this report indicates you could expect it to be under contract in a little over two months.  You could also expect a buyer to ask for an average of 2% of the sales price in closing cost help.  Marketing time and seller subsidy have both gone in the wrong directions since last report.

The next Braemar Condo Quarterly will be out in April and will detail the activity of the first quarter of 2014.  Until then, if you are contemplating the sale of your Braemar condo, call me for a free market analysis of your specific condo's value.  I've been a full-time real estate agent and Braemar resident since 2005.  I've also been a Braemar Short Sale Agent since 2007.  No matter what your equity position, I can get you the most amount of money for your Braemar condo in the shortest amount of time.  No one knows Braemar better!

Chris Ann Cleland, Associate Broker, Licensed in Virginia,

Long & Foster REALTORS®

703-402-0037

ChrisAnn@LNF.comwww.SellingBraemar.comwww.NVARealEstate.net

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)

Townhouse Report (traditional townhouses with small back yards)

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Virginia Prince William County Bristow Braemar
Groups:
City and State
Local Expert
Market Reports
HyperLocal Neighborhood and Community Posts
Tags:
braemar real estate agent bristow va
braemar condo values bristow
braemar condo prices bristow

Spam prevention
Show All Comments
Rainmaker
3,301,144
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Chris Ann -- this is an especially well-researched market update for Braemar condo sales.   I like how you to speak to the "predictability" and market nuances.   

Jan 21, 2014 09:06 AM #1
Ambassador
3,084,253
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Michael:  I'll have to remember to ask the next person that inquires about future real estate market trends if they want a weather report too.  That would get the point across.

Jan 21, 2014 09:11 AM #2
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
3,084,253

Chris Ann Cleland

Associate Broker, Bristow, VA
Email Me For a Free CMA of Your Home's Value
*
*
*
*
Spam prevention