Braemar Townhouse Report: November-December 2012

Braemar Townhouse Report:  November-December 2012 

Braemar Garage Townhouse in BristowTwo more months until we are officially out of winter and into spring and there’s been no snow and fairly mild temps to date.  There are some below freezing day time temps forecast for Bristow this week, but other than that, we’ve had a pretty mild winter here in Braemar.  (knock on wood)

With November and December behind us, we can take a look back at the last two months of 2012 and see how the Braemar townhouse values made out as the year came to a close.  As has always been the case in the Braemar Townhouse Report, townhouses are separated into two categories:  No Garage and Garage.

Townhouse with No Garage saw five resales in the last two months of the year.  The high sales price was $260,000.  The low sales price was $225,000.  The average of all five sales gives us our new average market value for Braemar Townhouses with No Garage of $236,300.  That’s only 1% down since last report, and nearly 1% up since last year.  That’s what I call stability in values.

Braemar Townhouses with No Garage, November-December 2012

If you placed your Braemar No Garage Townhouse on the market today, priced to current market conditions, you could expect it to be under contract in three weeks.  You could also expect a buyer to ask for an average of nearly 1.5% of the sales price in closing cost help.

Garage Townhouses had no sales in the last two months of the year.  However, our last report showed the average market value at $275,400.  Current values, given the stability we are seeing with the No Garage Townhouses, are probably in the same ball park.  Averages for closing cost assistance and days on market are usually very close between the Garage and No Garage Townhouses.  So for expectations of how long you would be on the market if priced to current market conditions, and what a bueyr would expect for closing cost help, refer to the No Garage Townhouse values.

Braemar Garage Townhouses, November-December 2012

The next Braemar Townhouse Report will be out in March and will detail sales from the first two months of 2013.  Until then, if you want to investigate selling your Braemar townhouse, give me a call for a free market analysis of your specific home’s value in today’s market.  I’ve been a Braemar resident and full-time Bristow Real Estate Agent since 2005.  I added the distinction of being a Short Sale Agent in 2007 to my resume.  No matter what your equity position, I can get your Braemar townhouse sold for the maximum amount of money, in the shortest period of time.  No one knows Braemar better!

Chris Ann Cleland, Associate Broker-Licensed in Virginia, Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.comwww.SellingBraemar.comwww.NVARealEstate.net

 

Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)

_________________________________

You can see the most recent property values in Braemar by clicking the links below:

Arista Series (large single family homes built by Brookfield Homes)

Carriage Series (smaller single family homes with detached garages, Brookfield Homes)

Courtyard Series (executive style home, five to a private driveway, Brookfield Homes)

Heritage Series (mid-sized single family homes, Brookfield Homes)

Braemar Condos (condos knowns as Barrhill at Inverness Village)

 

Advertisements

5 thoughts on “Braemar Townhouse Report: November-December 2012

  1. Pingback: Braemar Property Value Report: November-December 2012 (Arista Series) | Selling Braemar

  2. Pingback: Braemar Property Value Report: November-December 2012 (Carriage Series) | Selling Braemar

  3. Pingback: Braemar Property Value Report: November-December 2012 (Courtyard Series) | Selling Braemar

  4. Pingback: Braemar Property Value Report: November-December 2012 (Heritage Series) | Selling Braemar

  5. Pingback: Braemar Condo Quarterly: October-December 2012 | Selling Braemar

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s