Braemar Property Value Report: July-August 2013 (Ryan Homes)
While spring may be the season of renewal and new life, fall is bringing something new to the Braemar Property Value Reports. Now, there will be two new reports. One for NV Homes and one for Ryan Homes. You asked for it, you got it.
This particular report is going to detail sales of single family homes built by Ryan Homes in Braemar during the months of July and August. There are no previous reports to link to, but I did compile the same information for the months of May and June 2013 and July and August 2012 for the sake of comparison.
There were three resales of single family homes built by Ryan Homes in Braemar during the last two months of summer. The high sold price was one that I was happy to bring my Buyer-client too. It sold for $437,500. The low sold price was $360,000. The average of all three gives us our average market value for Ryan Homes in Braemar of $405,833. That represents over a 6% drop since the sales of May and June 2012 and a 12.5% drop since the last two months of summer 2012.
If you placed your Braemar Ryan Home on the market, priced to current market conditions, you could expect it to be under contract in an average of about a week. You may also be enjoying the increased buyer demand so much that you give absolutely NO closing cost assistance. That’s right. Not one of these three sales gave closing cost help.
The next Braemar Property Value Report will be out in November and will detail sales from the months of September and October. If you want to know your specific home’s value in today’s marketplace, call me for your free market analysis. I’ve been a full-time real estate agent and Braemar home owner since 2005. In 2007, I also added the distinction of being a Short Sale Agent. No matter what your equity position, I can get you the most money in the shortest amount of time when you sell your Braemar home. No one knows Braemar better!
And if you want to be a member of a neighborhood Facebook group that will always allow links to these reports, please join my new Braemar Facebook group. You can start any neighborhood conversation you like to there, be it promoting your own local business or just chatting about neighborhood events.
Chris Ann Cleland, Associate Broker-Licensed in VA, Long & Foster REALTORS®
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)
NV Homes (single family homes built by NV Homes)
Townhouse Report (traditional townhouses with small back yards)
Condo Quarterly (townhouse style condos)