Dunbarton Single Family Home Report: July-August 2016

By
Real Estate Agent with Long and Foster Real Estate VA License # 0225089470

Dunbarton Single Family Home Report:  July-August 2016

Fall is beginning to show its colors in Bristow.  Of course, the thing I dislike about autumn is that the Dunbarton Small Single Family Homebrilliant red, orange and yellows on the trees is very short lived.  Nonetheless, fall is here which means summer is over.  That gives us the opportunity to look back at the months of July and August and see how the single family home market in Dunbarton fared the last two months of summer.

For starters, there were five Dunbarton single family homes that sold from the beginning of July to the end of August.  The high sold price was $457,000 and the low sold price was $330,000.  The average of all five gives us our new average market value for a Dunbarton single family home--$393,200.  That is up over 10% since last report's average market value, but compared to activity from the same time last year, it's down nearly 1.5%.

Dunbarton Single Family Home Report:  July-August 2016

Dunbarton Community SignIf you placed your Dunbarton single family home on the market, priced to current condition, you could expect it to be under contract in an average of just over nine weeks.  And judging by the five sales in this report, you wouldn't have to given any closing cost help either.

The next Dunbarton Single Family Home Report will be out in November.  Until then, when you are ready to list your Dunbarton home, give me a call for a free market analysis of your specific home's value and a discussion about what I will do to get your home sold.

 

To see the Dunbarton Duplex Report for July- August 2016, click the link.

 

Statistics compiled using MRIS (Metropolitan Regional Information Systems.)

 

Comments (4)

Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Chris Ann -- I like that you include closing cost assistance as part of your report.   This is an option in our mls but unfortunately not one that is particularly accurate.  I think it's important for both buyers and sellers to be aware of this component in order to make the best possible decision regarding pricing and strategy.  

Sep 28, 2016 01:03 AM
Chris Ann Cleland

Michael Jacobs --Given some of the misinformation in listings, you'd think I might be hesitant to use it, but I have found it to be one of the more reliable fields.

Sep 28, 2016 03:03 AM
Roy Kelley
Retired - Gaithersburg, MD

Families moving to the area will appreciate your local community real estate reports.

Sep 28, 2016 01:54 AM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

We don't usually see closing cost assistance in our MLS, either, although lately they've been asking for the number of offers. I don't see it reflected anywhere in the reports, tho.

Sep 28, 2016 04:12 AM
Chris Ann Cleland

The number of offers is interesting.  We don't have that Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents .

Sep 28, 2016 04:57 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Chris Ann - That's a nice market overview for Dunbarton single family homes. Interested buyers and potential would bothbenefit greatly from taking advantage of your expertise.

Sep 28, 2016 05:03 AM