Victory Lakes Townhouse Report: November 2013
Seems the month of December, when this report would normally have been done for townhouse owners in Victory Lakes, found me a bit distracted. I apologize for the delay in getting this information out. As we always do, we will compare numbers to last report (October 2013) and last year (November 2012.)
TOWNHOUSES FOR SALE IN VICTORY LAKES
No Listings were Active
Sometimes the stats revealed make me double check my findings. This is one of those instances. There were absolutely no active listings in November of Victory Lakes townhouses.
TOWNHOUSES UNDER CONTRACT IN VICTORY LAKES
No Listings were Under Contract
Again, this is a time when I reran the numbers. In a previous month there were six Victory Lakes townhouses under contract. And with only two going to settlement in the next column, the others fell out and withdrew from the market. I'm hardly going out on a limb by saying this but, the holidays probably had sellers a bit intimidated.
TOWNHOUSES SOLD IN VICTORY LAKES
2 Listing Sold: 1 Foreclosure, 1 Regular Sale
Things do get accomplished in real estate during the holiday months. The sold column proves it. With two sales of Victory Lakes townhouses, the high sold price was over 9% higher than it had been last report, while the low sold price was up 9.5%. High marketing time was 76% shorter, but low marketing time lengthened by 500% (only 5 days.) The average sold price was up over 9% compared to last report and up over 17.5% since last year. The average marketing time was 56% faster than it had been last report and 78% faster than it had been last year.
The next Victory Lakes Townhouse Report will also be out in January and will detail sales from the month of December. Until then, if you are thinking of selling your Victory Lakes townhouse, give me a call for a free market analysis of your specific home's value in today's market. I've been a full-time Bristow Real Estate Real Estate Agent since 2005 and a Short Sale Agent since 2007. No matter what your equity position, I can get your home sold for the most amount of money in the shortest period of time.
And if you want to track values of your Victory Lakes homes on a regular basis join the new Victory Lakes Facebook Group specifically put together for that purpose.
Chris Ann Cleland, Associate Broker-Licensed in VA, Long & Foster REALTORS®
Statistics compiled by Chris Ann Cleland using the MRIS (Metropolitan Regional Information Systems.)
To see the Victory Lakes Single Family Home Report for November 2013, click the link provided.