Dunbarton Single Family Home Report: May-June 2016
The hot soupy atmosphere outside earlier today has given way to some serious thunderstorms in Bristow. Nothing better to do on a stormy evening than catch up on things, like this Dunbarton Single Family Home Report. This particular edition will focus on sales activity between May and June.
There were quite a few single family homes in Dunbarton that sold between the beginning of May and end of June. The high sold price was $389,900 and the low sold price was $322,500. Four of six of these sales were two bedroom homes, and the same number had no basements. The average of all six sales gives us our new average market value for Dunbarton single family homes of $356,333. That’s a decrease of 12% since last report and a decrease of over 7.5% since last year.
If you placed your Dunbarton detached single family home on the market, priced to current conditions, you could expect it to be under contract in eighty days. It is true that homes in age restricted communities like Dunbarton do take longer to sell. You could also expect to pay more than 1/2 of 1% of the sales price in closing cost help to the buyer.
The next Dunbarton Single Family Home Report will be out in September. 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.
Chris Ann Cleland, Associate Broker-Licensed in VA
Long & Foster REALTORS®, Manassas VA
To see the Dunbarton Duplex Report for May-June 2016, click the link.
Statistics compiled using MRIS (Metropolitan Regional Information Systems.)