About cacleland

Chris Ann Cleland is an Associate Broker with Long & Foster REALTORS® in Manassas, VA. She specializes in listing residential property, and helping buyers find the right home, in the areas of Bristow, Gainesville and Haymarket. As a Braemar resident, she has a special knowledge of the homes in that particular community. In fact, Chris Ann has been tracking Braemar home values since 2005.

Braemar Property Value Report: July-August 2018 (Arista Series)

Braemar Property Value Report: July-August 2018 (Arista Series)

It always makes me smile to see the leaves start to change into their brilliant fall wardrobe. The trees on the east side of Native Rocks Drive are always among the first to start going from green to gold.  Of course, I have no idea what kind of trees those are because my specialty is not landscaping, but selling homes.  As a top Braemar Real Estate Agent, it is one of my favorite jobs to periodically look at the most recent sales data and share it with you.

This particular Braemar Property Value Report covers sales of Arista Series homes in Braemar.  Those are the largest homes built by Brookfield Homes and include the Allister, Buckingham and Canterbury floor plans.

Between the months of July and August, only one Braemar Arista home sold.  It was a four level Canterbury with five bedrooms and five and a half bathrooms.  It listed and sold for $599,900 and took only twenty-one days to sell.  Details of the sale are listed below:

To get an updated account of how Arista homes in Braemar are doing overall, we take this sale and put into a rolling twelve month collection of previous Arista home sales.  Then we parse that data out into six and twelve month markers.  When we do that, here’s what we find:

What we want to see in a six month to twelve month comparison in values is increased sold prices in the six month values, and lower seller subsidy (closing cost assistance) and days on market (marketing time) in those six month values compared to the twelve month values.

Looking at sold prices for the Arista Series, the six month average and median sold prices are both above the twelve month average and median sold prices.  That’s great news.  Values for Arista homes are continuing to rise.  However, the seller subsidy figures are higher in the six month average and median, compared to the twelve month average and median.  That means sellers are giving more of their net proceeds to buyers as closing cost help.  As for the marketing time, those numbers give us a mixed picture.  The six month average days on market is higher than the twelve month average days on market, but only by five days.  The six month median is twelve days shorter than the twelve month median.  All in all, those variations show that it is taking about the same amount of time as it has been taking, to sell Braemar Arista homes.

If you placed  your Braemar Arista home on the market, priced to current conditions, you could expect it to be under contract in three weeks to two and a half months.  You could also expect to spend 1.5% to 2% of the sales price in closing cost assistance to the buyer.

The next Braemar Property Value Report will be out in November.  Until then,know that you  can’t start to preparing to sell too early. When you are starting the thought process of moving, give me a call.  Since 2005, No One Knows Braemar Better.

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

 

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Five Star Review for Chris Ann Cleland, Braemar Real Estate Agent

Five Star Review for Chris Ann Cleland, Braemar Real Estate Agent

It is always a wonderful feeling when you can help a Braemar seller get top dollar for their home.  What’s better is when that seller gives you a five star review like this:

Chris Ann is very patient and precise. She takes time to listen and offers alternatives and additional information that is appropriate. She is not pushy but she is very clear in explaining her opinion if you want to do something that is less than optimal for the goals and objectives you have stated. Trustworthy. Anticipates her client’s needs. Manages time and tension very well.

What I did for these Braemar sellers, actually started when they were Braemar buyers.  They were looking for a short term investment property to help out a family member.  I recommended Braemar Patio homes.  They have a ton of space and always seem to sell quickly.  Well, in July 2016 they purchased 9826 Earls Ferry Circle for $315,000.  Just about two years later, June 2018, they sold for $355,000.  There is much more to the sale, like how the home sold for much more than a much more upgraded patio home, but you can read all about that here.

When you want the best results in Braemar, give me a call.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

 

Braemar Property Value Report: May-June 2018 (Ryan Homes)

Braemar Property Value Report: May-June 2018 (Ryan Homes)

It may not have felt like all that bad of a thunderstorm, but the storm we had around 2pm today in Bristow knocked a big tree down off of Tartan Hills Parkway in Braemar.  Thankfully, the tree isn’t blocking the road, but it is blocking the path on the Broadsword Drive side of Tartan Hills Parkway.  I was on my way to re-stage a listing that just came back on the market when I saw that downed tree.  Turns out our neighborhood is great at keeping our on-site managers informed.  I called as soon as I drove past the tree, but the staff was already aware and had phoned it in to BrightView.

Right now, it is time for another Braemar Property Value Report.  This one focuses on single family dwellings built by Ryan Homes in our neighborhood.  And while there were no sales of Ryan Homes to report in May and June we still have updated data from the past year to review.

There is some contradictory sold price data when we compare the six month sold prices to the twelve month sold prices.  Increase in six month over twelve month sold prices means values are going up.  Decreases in six month compared to twelve month sold prices means values are slipping.  Well, the six month average sold price is higher than the twelve month average, but the six month median is lower than the twelve month median.  Since neither marks a huge change in either direction, this is a sign of stability in sold prices of Ryan Homes.

The seller subsidy in the six month values is a good chunk below the seller subsidy in the twelve month values.  This means sellers of Ryan Homes have not been giving their buyers as much in closing cost help.  Another good trend is that days on market is down in the six month values compared to the twelve month values.  This means it is taking less time to sell Ryan Homes in Braemar.

If you placed your Ryan Home on the market, priced to current conditions, you could expect it to be under contract in a month.  You could also expect to pay less than 1% of the sales price in closing cost assistance.

The next Braemar Property Value Report will be out in September.  Until then, if you want to know how the most recent sales activity in Braemar is affecting your home’s values, give me a call at 703-402-0037.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

 

Braemar Property Value Report: May-June 2018 (NV Homes)

Braemar Property Value Report: May-June 2018 (NV Homes)

The opening sentence of my Braemar market reports always seems to be the hardest to get past.  Sure I’ve examined the sales and crunched the numbers myself, which puts me way above what most Bristow area agents are willing to do for their market area.   Somehow, the most intimidating factor about the reports is the open.  It’s a good thing we are past that part now and this Top Braemar Real Estate Agent can share some valuable information with you.

This particular Braemar Property Value Report focuses on the sales activity of NV Homes in Braemar during the months of May and June.  That activity includes four NV Home sales, all of which are listed in detail below:

After laying out the data for the two month reporting period, I then go back and put these sales for May & June 2018 in place of the May & June 2017 sales.  That gives us twelve months worth of data points that I slice into six month and twelve month average and median values.  Here’s what we get with the updated values:

The way to compare six and twelve month data samples is see what changes are happening in the short term (six months) compared to the long term (twelve months.)  Well, the first thing we examine are the sold prices.  Both six month values are above the twelve month values, which is fantastic.  There is a particularly larger jump from the twelve month average sold price to the six month average sold price.  Values of NV Homes in Braemar are going up.

Another good trend for Braemar NV Home sellers is the decrease of seller subsidy (closing cost assistance to buyers) in the six month values to the twelve month values.  Likewise, a reduction in time it takes to go under contract in the six month values is great to see compared to the twelve month values.  In particular, the six month average days on market is substantially lower than the twelve month average.  All good news for NV Home owners in Braemar.

If you placed your NV Home on the market, priced to current conditions, you could expect your property to be under contract in a little more than a week.  You could also expect to pay about one half to three quarters of one percent of the sales price in seller subsidy.

The next Braemar Property Value Report will be out in September.  Until then, when you want to know the value of your home in today’s market, or the optimum time of year to sell, give a call at 703-402-0037.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

 

 

Braemar Property Value Report: May-June 2018 (Heritage Series)

Braemar Property Value Report: May-June 2018 (Heritage Series)

It’s a dreary Monday in Braemar.  At least it isn’t raining.  After Saturday’s all day down pour, I am thankful for the break.  Of course, there is no break when it comes to selling real estate, at least not for this Top Braemar Real Estate Agent.  Time to get out another Braemar Property Value Report.  This one focuses on sales of Heritage Series homes in May and June.  Heritage Series homes are mid-sized single family homes, built by Brookfield Homes.  They have two car attached garages and include the following floor plans:  Exeter, Yardley, Zachery (a.k.a. Zurich) & Waverly.  The homes built by Coscan in Braemar North Gate are also included in this group, as they are similar in size.

There were eight Heritage Series homes that sold between the beginning of May and end of June.  The details of each sale are listed below:

You can see there is a wide range of sold prices, but most of the sales are grouped around $470,000-$475,000.  When we take these sales and update our twelve months worth of Heritage Series sales, here is what come up with:

While the increases in average and median sold price in the six month values compared to the twelve month values are not huge, they are still increases.  That’s good to see when you look at the most recent activity.   Seller subsidy (closing cost assistance to buyers) is unchanged in the six month median compared to the twelve month median.  The seller subsidy is the six month average is every so slightly less than the twelve month average.  Marketing time has come down from the twelve month average and median days on market when compared to the six month average and median value.   These are all good trends, no matter how slight.

If you placed your Braemar Heritage Series home on the market, priced to current conditions, you could expect it to be under contract in about two to three weeks.  You could also expect to pay 1% to 1.5% of the sales price in closing cost assistance.

The next Braemar Property Value Report will be out in September.  Until then, when you want to know how the most recent sales in the neighborhood are affecting your specific home’s value, give me a call at 703-402-0037.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

 

 

 

Braemar Property Value Report: May-June 2018 (Courtyard Series)

Braemar Property Value Report: May-June 2018 (Courtyard Series)

The one thing about the rainy and cloudy days we have been having in Bristow is that the typical soaring July temperatures are not soaring at all.  I think I saw eighty-four degrees on my thermometer today.  While I’m not a fan of torrential rain or cloudy, stormy days, I’ll take the cool down in temps.

Rainy days are always good days for this Top Braemar Listing Agent to share with you my Braemar Property Value Reports.  This particular report will focus on sales in the Courtyard Series homes.  Braemar Courtyard homes are one of three different floor plans that share a private courtyard driveway and have limited outdoor space.  Models include the Arlington, Ballston and Clarendon.

Like many reports in the last thirteen years, there were no Courtyard home sales during our reporting time frame.  Thankfully, because I have been employing a different method of tracking value, we still have an updated look at what is happening in the short term (six months) compared to the longer term (twelve months.)  Our updated figures, dropping the sales from May and June last year, look like this:

Looking at the six month average and median sold prices compared to the twelve month average and median sold prices, we see a slight drop in values.  Not to worry.  The drop is very minimal.  The six month average seller subsidy (closing cost help to buyers) is higher than the twelve month average seller subsidy.  Again, not to worry.  The six and twelve month median seller subsidy figures are identical.  Meanwhile, days on market is practically the same in the six month average and twelve month average.  The six and twelve month median days on market is exactly the same.  This is stability for Braemar Courtyard home prices.

If you placed your Braemar Courtyard home on the market, priced to current conditions, you could expect it to be under contract in about thirty days.  You could also expect to pay about 2.5% of the sales price in seller subsidy.

The next Braemar Property Value Report will be out in September.  Until then, if you have been considering the sale of your Braemar home, don’t count out the fall market.  It’s what I call our second spring market.  Want to know more about that, or the specific value of your Braemar home in our current market, give me a call at 703-402-0037.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

 

 

Braemar Property Value Report: May-June 2018 (Carriage Series)

Braemar Property Value Report: May-June 2018 (Carriage Series)

What a gorgeous Friday it was in Bristow.  I hope you enjoyed it because this weekend is going to rainy and stormy.  In fact, I received a weather alert on my phone that the week of upcoming rain may result in some flooding in our area.  Please be careful when driving in low lying areas.

Right now, it is time for another Braemar Property Value Report.  This one focuses on the sales of Braemar Carriage homes during the months of May and June.  In case you don’t know what defines a Braemar Carriage home, they are characterized by the lack of an attached garage. When these homes have a garage, it is detached and sits in back of the home.  The floor plans, from smallest to largest, are: Maplewood,  Norwood,  Oakdale and  Parkdale.

There were five Braemar Carriage homes that sold during the months of May and June.  The details of the sales are below.  I am very pleased to tell you that the sale of 10143 Broadsword Drive, highlighted in a magenta color, was my listing that set a record high sold price for Parkdale model homes in Braemar.

When we take these five sales and put them in with our rolling twelve months of Braemar Carriage home sales, here’s what we find when pull out our six month and twelve month average and median data points:

The six month average sold price is quite a bit higher than the twelve month average sold price.  Meanwhile, the six month median sold price is a tad higher than the twelve month median.  This means Braemar Carriage home values are going up.

When looking at seller subsidy (closing cost help to buyers) has decreased slightly in the six month values compared to the twelve month values.  That’s a step in the right direction for Braemar Carriage home sellers.  And marketing time is also down a little bit in the six month average and median values compared to the twelve month values.  More movement in a good direction for Braemar Carriage home sellers.

If you placed your Braemar Carriage home on the market, priced to current conditions, you could expect it to be under contract in about two weeks or less.  You could also expect to pay about 1% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in September.  Until then, it is very important to remember that the agent you hire to sell your Braemar Carriage home can mean a substantial difference in your sales price.  If you want the best chance at getting the most from your Braemar homes sale, trust the agent that sets record high prices.  Give me a call at 703-402-0037.  Since 2005, No One Knows Braemar Better!

 

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster REALTORS®

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com