Braemar Property Values: November-December 2014 (Ryan Homes)
The last two months of last year didn't hold a lot of action for single family home sales in Braemar. In this particular Braemar Property Value Report, we will look back at sales of Ryan Homes.
There were three Ryan Homes that sold in November and December. The high sold price was $475,000. The low sold price was $415,000. The average of all three sales gives us our new average market value for Ryan Homes of $436,667. Since there were no Ryan Homes that sold last report, we have no recent comparison of value. However, this represents an 11% drop in value since last year.
If you placed your Ryan Home on the market, priced to current conditions, you could expect it to be under contract in an average of about five weeks. You could also expect a buyer to ask for an average of a little over 1% of the sales price in closing cost assistance.
The next Braemar Property Value Report will be out in March and will detail sales from the first two months of the year. In the meantime, when you are ready to sell, call me for a free CMA of your home's value in today's marketplace. I've been a full-time real estate agent and Braemar home owner since 2005. I can get you the most money in the shortest amount of time when you sell your Braemar home. No One Knows Braemar Better!
Come join my new neighborhood Facebook group--BRAEMAR (Bristow, VA) where you will find links to this reports and other neighborhood discussions.
Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)