Braemar Townhouse Report: May-June 2016

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

Braemar TownhouseBraemar Townhouse Report:  May-June 2016

As I type this report, I am trying to revive my crispy, brown lawn with a sprinkler.  If I soak it a few days, maybe it will start to come back to life.  One of the things I hate about our summers here in Bristow is that our grass goes dormant if you don't constantly water.

One thing is for sure, our Braemar real estate market hasn't gone dormant.  In this edition of the Braemar Townhouse Report we'll look at the sales activity for the months of May and June, as we headed into these dreadfully hot summer months.

There were thirteen sales of Braemar townhouses between the beginning of May and the end of June.  The high sold price was $338,000.  The low sold price was $260,000.  When you average all thirteen sold prices you get the new average market value of $305,031.  That's over a 2% increase in average market value since last report and over a 2.5% increase in average market value since last year.  The Braemar townhouse market is hopping!

 

Braemar Townhouse Report:  May-June 2016

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 sixteen days.  You could also expect to pay an average of about 1.5% of the sales price in closing cost help to the buyer.

The next Braemar Townhouse Report will be out in September and will detail sales from July and August. In the meantime, when you are interested in selling your Braemar townhouse, call me for a free market analysis of your specific home's value.   No One Knows Braemar Better!

 

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

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Rainmaker
596,498
Nancy Laswick
United Real Estate - Phoenix, AZ
Your REALTOR® For The Valley Of The Sun

Hi Chris Ann Cleland, year over year it looks like Braemar Towhome prices are going up and days on market are going down. Buyers and  sellers need a local expert to help them take advantage of the current market and in Braemar that's you!

Jul 28, 2016 06:09 AM #1
Rainmaker
3,978,639
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Chris Ann is your local expert in this area...Don't think twice about calling her.

Jul 28, 2016 11:03 AM #2
Rainmaker
2,189,507
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

You might not be a lawn expert, Chris Ann, but you are most certainly the Braemar real estate expert. Most lawns turn brown without water. Living things need water, LOL.

Jul 29, 2016 02:23 AM #3
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Chris Ann Cleland

Associate Broker, Bristow, VA
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