Braemar Property Value Report: January-February (Ryan Homes)
Braemar’s real estate market has been hopping ever since the turn of the new year. And in this edition of the Braemar Property Value Report we are going to take a look back at January and February sales activity of properties built by Ryan Homes in our neighborhood.
There were three sales to report from January to February:
Taking a look at how these sales figures, compare with the rolling six and twelve month average and median prices we see that Ryan Homes in Braemar are ticking up in value.
Even looking at the more recent six month figures to the longer term twelve month figures we see the increase in average and median values. However, the two sales that did give closing costs came in above the average and median seller subsidy figures noted in both the six and twelve month figures.
If you placed your Ryan Home on the market, priced to current conditions in Braemar, you could expect it be under contract in about a month’s time. Honestly, it may not even take that long to sell your home. Buyer demand is very high and there really aren’t very many homes listed in our neighborhood at the moment. One thing is for sure, odds are better than not that you will end up giving some closing cost assistance to your buyer. Buyers still haven’t let up on their requests for seller subsidy.
The next Braemar Property Value Report will be out in May. At that point we’ll be able to update our data with the sales that happen in March and April. Until then, when you are ready to sell your Braemar home, call me for the best results. Since 2005, No One Knows Braemar Better!
Chris Ann Cleland, Associate Broker-Licensed in VA
Long & Foster REALTORS®, Manassas VA