Braemar Property Values: January-February 2016 (Ryan Homes)

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

Braemar Property Values:  January-February 2016 (Ryan Homes)

It is time for another Braemar Property Value Report.  This one is specifically for houses built by Ryan This Ryan Home will be included in the next Braemar Property Value Report.Homes in Braemar.  

There were four Ryan Homes that sold in the first two months of the year.  The low sold price was really low at $325,000.  The high sold price was $540,000.  Quite a difference between the bottom and top numbers.   The average of all four gives us our new average market value of $435,000 for Ryan Homes in Braemar.  That is nearly 7.5% lower than last report and 9% lower than last year.  Again, remember we have a crazy low number bringing down that average.  For the most part, home values in Braemar have been fairly stable over the last year.

If you placed your Ryan Home on the market, priced to current conditions, this report indicates it would be under contract in less than three months.  Please bear in mind this average marketing time is for homes marketed during the final months of 2015.  The last Ryan I listed in February went under contract in 6 days.  More accurately, this report indicates you could expect to pay over 1.5% of the sales price in closing cost help to the buyer.

The next Braemar Property Value Report will be out in late May and will detail sales from the months of March and April. In the meantime, when you are ready to sell, call me for a free market analysis of your home's value in today's marketplace.  No One Knows Braemar Better! 

 

Statistics compiled using the MRIS (Metropolitan Regional Information Systems.)

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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

With so few transactions, it's really hard to use numbers to tell the story.

Mar 25, 2016 11:41 AM #1
Rainmaker
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Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

From looking at your blog ChrisAnn, you are the go to Realtor for all Braemar real estate.

Mar 26, 2016 06:11 AM #2
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Good Afternoon Chris Ann Cleland we too are seeing few homes on the market, the new listings i get sell quickly. I love reading your reports. Have a good Saturday

Mar 26, 2016 09:14 AM #3
Rainmaker
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Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

I was just reading your reblog without realizing it was a reblog and thinking to myself, how does Chris Ann have a grandson named Grant if she doesn't have any children? I am confused. LOL.

Mar 29, 2016 07:12 AM #4
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Chris Ann Cleland

Associate Broker, Bristow, VA
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