Braemar Townhouse Report: November-December 2013

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

Braemar Townhouse Report:  November-December 2013

If you asked a person on the street about the year end real estate market, they would most likely think that the Braemar real estate market would slow down then.  November is the start of the holiday season with Thanksgiving, followed by the festive December with Christmas, Hanukkah and New Year's Eve.  I'm here to tell you that is absolutely not true.  In this edition of the Braemar Townhouse Report, focusing on the last two months of 2013, you will see why.

For starters, there were seven townhouses in Braemar sold between November and December. Apparently the holiday months get people in the mood to find a home.  The highest sold price was $290,500.  The lowest sold price was $235,007.  Odd number on that last one.  Perhaps a James Bond fan bought it.  When you take the average of all seven sales, you get our new average market value for a Braemar townhouse of $266,215.  While that is over a 2% decrease in average value since last report, it is over a 12.5% increase in average value since last year.  

Braemar Townhouse Report:  November-December 2013

If you placed your Braemar townhouse on the market, priced to current conditions, you could expect it to be under contract in an average of just over one and a half months.  You could also expect to give an average of 1% of the sales price in closing cost assistance to a buyer.

The next Braemar Townhouse Report will be out in March and will detail sales from the first two months of 2014.  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®

703-402-0037, ChrisAnn@LNF.com

www.NVARealEstate.netwww.SellingBraemar.com

 

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

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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) 

 

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Rainer
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Brad MacKenzie
Brad MacKenzie - Duxbury, MA
Turning Houses into Homes on the South Shore

Nice review of the townhouses in the Braemar area. This will surely help your buyers and sellers!

Jan 25, 2014 10:30 AM #1
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Brad:  It will definitely keep the neighborhood updated on home values.  Everyone in our neighborhood Facebook group looks forward to these reports.

Jan 25, 2014 10:39 AM #2
Rainmaker
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David Saks
(retired) - Memphis, TN

Thanks for sharing another fine report. Have a great day ahead.

Jan 25, 2014 06:06 PM #3
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Bob Baesmann
DFW Team Realty - Plano, TX
DFW Team Realty | 972-978-8800

Great information on your local market.

 

Thank you for sharing this important information about the Real Estate market in your area!

Jan 26, 2014 02:02 AM #4
Rainmaker
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Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Chris Ann ....Really nice market report from up the road ...I love the photo you use in your background!

Have a great day in Northern VA!

Jan 26, 2014 03:36 AM #5
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

David: It's always a pleasure to keep everyone informed about neighborhood values.

Bob:  Thanks.  It is something the home owners in my neighborhood look forward too.

Rob:  Thanks!  I think that was one from the blizzards of 2009-2010.

Jan 26, 2014 04:38 AM #6
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Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Chris Ann ...I remember those ....I really like the snow more than the cold!

Have a great night!

Jan 27, 2014 07:02 AM #7
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Rob:  The snow does last longer in the cold though.

Jan 27, 2014 07:14 AM #8
Rainer
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mary crowe

Chris Ann...Thanks for the blog- great 411!! :-)

Jan 29, 2014 01:15 AM #9
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Mary:  It was such a pleasure to meet and talk with you all today.

Jan 29, 2014 11:01 AM #10
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Chris Ann Cleland

Associate Broker, Bristow, VA
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