Braemar Townhouse Report: July-August 2014

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

Braemar Townhouse Report:  July-August 2014

Braemar Townhouse, Bristow, VALiving in the Braemar townhouses across from the Rob Roy Pool has its advantages.  In the off season of the pool, there is a ton of visitor parking.  And on Braemar Day, the festivities, which are held in that parking area and the surrounding common area, are only a short distance away.

While we are enjoying fall gatherings like Braemar Day, and just days away from welcoming the month of October, it is time to look back at the last two months of summer and see what happened in the Braemar townhouse market.

There were an incredible nineteen townhouse sales in Braemar in July and August.  Their final sales prices ranged from $245,000 to $334,000.  The average of all nineteen gives us our new average market value for Braemar townhouses of $289,921.  That means just over a 3% decrease in average value since last report, but a 4% increase in average value since this time last year.

Braemar Townhouse Report:  July-August 2014

If you placed your Braemar townhouse on the market, priced to current market conditions, you could expect it to be under contract in an average a little over three weeks.  You could also expect a buyer to ask for an average of 1.5% of the sales price in closing cost assistance.

The next Braemar Townhouse Report will be out in November and will detail sales from the months of 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.  I can help you get your Braemar home sold quickly and for the maximum amount of money. No One Knows Braemar Better!

Please feel free to join my neighborhood Facebook group, BRAEMAR (Bristow,VA.)  I started the group to have an easy access point for these online Braemar Property Value Reports.  However, you can start any neighborhood conversation you like to there.  When neighbors talk, good things happen.  My favorite being reuniting lost pets with their owners.

 

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) 

Piggyback & Patio Quarterly (back to back townhouses and quad homes)

 

 

 

 

 

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Rainmaker
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Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Hi Chris, excellent market update for the Braemar community in Bristow VA. Good to see the average sold price for townhomes are up this year.

Sep 29, 2014 12:22 AM #1
Rainmaker
1,570,074
David Saks
(retired) - Memphis, TN

Terrific information and a fine post, too. Have a great day ahead.

Sep 29, 2014 02:01 AM #2
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Rebecca:  Most homes in the neighborhood took a slight drop in the short term comparisions.  Being up year over year is a good thing.

David:  Thanks.

Sep 29, 2014 02:08 AM #3
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Chris Ann,  Very nice market report for the Braemar neighborhood.  It shows all of the pertinent information that the consumer would be interested in.  24 DOM is a very good turn around.

Sep 29, 2014 02:51 AM #4
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Belinda:  Twnety-four days seems like an eternity compared to the four days were had been experiencing not too long ago.

Sep 29, 2014 10:25 AM #5
Rainmaker
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Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Hello Chris Ann,

You are the Braemar neighborhood expert!

Sep 29, 2014 12:16 PM #6
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Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Lisa:  I've been called the Braemar lady recently.

Sep 30, 2014 02:24 AM #7
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Chris Ann Cleland

Associate Broker, Bristow, VA
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