Under Contract in Centreville Crossing
When a home goes on the market, the sellers and the listing agent all want it to move as quickly aspossible. This Centreville Crossing condo was not one of those situations. For the last two years, I've been listing and selling property in Centreville, Manassas, Bristow and Gainesville and found that my average days on the market to get a home under contract is about two weeks. That's average. This home, which was a split level, stacked condo in Centreville Crossing, took 98 days to get under contract.
The home hit the market on October 3, 2016, priced at $379,000. That was right around the time our country was driving straight to the sun, in the most contentious election ever. Morale was down and when that happens, buyers aren't house hunting.
The sellers did learn, however, that not all delays in getting under contract are external. There was another condo, same floor plan, less about $3,000 in upgrades, that went under contract before ours. The difference? It was priced at $369,500 and had neutral paint throughout. Once that registered, the sellers lowered their price to $374,500. They were the only condo left on the market and were likely to snag the buyer looking for a condo in the neighborhood. The space it gives you, being the upper levels of the building, is a tremendous value. You'd pay well over $500K to get this much space in a traditional townhouse in Centreville.
After Christmas, the traffic picked up and within the first seven days of the new year, we had a buyer f
all in love. The clue was the extended time of the showing. Even though the sellers came home early, they didn't barge in on them. They let the buyers soak it all in. Two days later, they had an offer.
Stay tuned for the final sales price. In the meantime, if you have a Centreville Crossing condo to sell, give me a call. There are now plenty of buyers out and ready to find their next home.