Braemar Property Value Report: July-August 2017 (Ryan Homes)
This is my favorite time of year. There is something special about the fall season. The changing foliage, the chill in the air and even the smells associated with falls. Seeing pumpkins yesterday at Wegman’s made me smile. It will be time to hand out my Braemar trick-or-treat Bags soon, but not yet. I’ve still got Braemar Property Value Report to do. Today it is time for the Braemar Property Value Report focusing on sales of Ryan Homes between July and August.
There were three Ryan Homes that sold in the last two months of summer. The details are listed below:
Adding these most recent sales in with our rolling six and twelve month values we find that the six month average and median values are much higher than the twelve month average and median values. This is great news. That means values are moving up. Marketing time is going down from the long term to the short term, which is also good news. However, seller subsidy (closing cost help) is on the rise in the short term.
If you placed your Braemar Ryan Home on the market, priced to current conditions, you could expect it to be under contract in less than two weeks. You could also expect to lay out about $5,500 in closing cost assistance.
The next Braemar Property Value Report will be out in November. Until then, if you want to know how these most recent sales are affecting the value of your Braemar home, call me at 703-402-0037. Since 2005, No One Knows Braemar Better!
Associate Broker-Licensed in VA
Long & Foster REALTORS®, Manassas VA