Braemar Property Values: July-August 2016 (NV Homes)

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

Braemar Property Values:  July-August 2016 (NV Homes)

The onset of the fall season has brought our temperatures down to the low eighties.  However, if you NV Home in Braemarwant to get out and enjoy this weather and the sunshine, do it today.  Looks like we are expecting some rain tomorrow.  Right now, we are going to take a look at the last two months of the Braemar summer real estate market.  This specific Braemar Property Value Report will focus on sales of single family homes built by NV Homes.

There were two NV Homes that sold between the beginning of July and the end of August.  There were both four bedroom, four and a half bathroom homes with some degree of finished basement.  The high sold price was $560,000 and the low sold price of $555,000.  The average of the two sales gives us our new average market value for NV Homes of $557,500.  This is over a 7.5% increase in value since last report.  Unfortunately, because there were no NV Homes sold this time last year, we have no yearly comparison, which I personally find more telling.  We'll just have to wait for a yearly trend next report.

Braemar Property Values:  July-August 2016 (NV Homes)


Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037If you placed your NV Home on the market, priced to current conditions, you could expect it to be under contract in an average of five weeks.  You could also expect a buyer to ask for an average of just under 1/2% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in November and will detail sales from the months of September and Ocober.  In the meantime, when you want to sell your NV Home, give me a call for a free market analysis of your home's specific value.   No One Knows Braemar Better!

 

 

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

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Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Chris Ann...any one looking to make this area home need to talk with you

Sep 17, 2016 11:24 AM #1
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Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Chris Ann Cleland Thank you for taking the time to prepare and share this information.  This is perfect for buyers and sellers alike!

Sep 18, 2016 12:35 AM #2
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

It looks like you have really low inventory in Braemar right now, Chris Ann. I bet sellers are thinking this is a good time to sell and they should call Chris Ann Cleland, and they would be right.

Sep 18, 2016 01:38 AM #3
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Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Chris, Good report on Braemer and home values. Taking 35 days to sell is excellent and folks who want sell should hire you to list as soon as possible. 

Sep 18, 2016 04:26 AM #4
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

I always liked this style Chris Ann Cleland , stopping by to wish you a great Monday

Sep 18, 2016 11:35 PM #5
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Chris Ann Cleland

Associate Broker, Bristow, VA
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