Braemar Property Value Report: March-April 2017 (Courtyard Series)

Braemar Property Value Report:  March-April 2017 (Courtyard Series)

Most days I wake up and pay no attention the weather report.  As I was getting ready to head to Wegman’s to put a few groceries, after placing a TOO LATE sign topper on a listing in Gainesville, I expected it to be sweltering.  I’m not really sure why.  I was pleasantly surprised to find it was in the low seventies on my thermostat.  Of course, with all the cloud cover Bristow has had lately, I’m not sure why I expected sweltering.  Maybe it’s because I’ve had my nose in the MLS looking at Braemar home sales during the months of March and April.

Today I am going to tell you about what’s happening with Braemar Courtyard home values.  Courtyard homes are one of three different floor plans that share a private courtyard driveway and have limited outdoor space.  Models include the Arlington, Clarendon and Ballston.

There were two Braemar Courtyard homes that sold between the beginning of March and end of April.  The high sold price was $415,000, just $5,000 over the other sale.  When you see the F/NE in basement, that means the basements were fully finished, but had no exit.  Amazingly, they were both under contract in only four days.  That’s unusual for Braemar Courtyard homes.

Both of these sold prices are at or above the six month and twelve month median and average figures.  That’s a good sign for Braemar Courtyard home values.  Even comparing the rolling six month average and median sold prices to the twelve month rolling values, we see that the more recent average and median figures are moving up from the yearly values.

If you placed your Braemar Courtyard home on the market, priced to current conditions, you could expect it to be under contract in about a month’s time.  I know what you’re thinking.  I just told you these two most recent sales were under contract in four days.  Yeah.  I know.  But the six month average and median marketing times are probably more realiable for you to set your expectations.   You may also get away with not having to give any seller subsidy (closing cost assitance) to your buyer like these two sales as well, but you may get tapped for a little something like $2,600 or $3,000.

The next Braemar Property Value Report will be out in July and will detail sales from May and June.  Until then, when you are ready to  to sell, give me a call at 703-402-0037 for a free market analysis of  your Braemar home’s value.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland

 Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

Braemar Property Value Report: January-February 2017 (Courtyard Series)

Braemar Property Value Report:  January-February 2017 (Courtyard Series)

Cloudy days can be the best days for a busy Bristow Real Estate Agent like myself to get paperwork done… and market reports.  Today I’m working on my Braemar Property Value Reports.  This one focuses on sales activity for Courtyard Series homes.  Courtyard homes are one of three different floor plans that share a private courtyard driveway and have limited outdoor space.  Models include the Arlington, Clarendon and Ballston.

There were two Braemar Courtyared home sales between January and February.  The lowest sales price was $399,900.  The highest sales price was $415,000. They were both Ballston models.  One seller gave $3,000 in closing cost help, the other gave $10,000.  Both of these sale prices are above the six month and twelve month median and average prices.

Even comparing the six month average and median sales prices to the twelve month numbers, we see very little change in the average sales price, but the median (or middle) sales price has gone up over $4,000 from the twelve month sales price to the six month sales price.  Closing cost assistance numbers also went down in the six month time frame compared to the larger twelve month time frame.  More good news.  Unfortunately, the six month marketing time figures are longer than the twelve month figures. That’s an indicator that it may be taking longer to sell a Braemar Courtyard home.  Though you should take heart that one of the sales from our recent reporting period only took thirty-one days, less most of the figures in our rolling six and twelve month figures.

If you placed your Braemar Courtyard home on the market, priced to current conditions, you could expect your home to be under contract in about a month and a half.  You could also expect to pay $4,000-$5,000 in closing cost help.

The next Braemar Property Value Report will be out in May and will bring in numbers from sales in March and April.  Until then, when you are ready to figure out if now is the time for you to sell, give me a call.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland

 Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

Braemar Property Value Report: November-December 2016 (Courtyard Series)

Braemar Property Value Report:  November-December 2016 (Courtyard Series)

Ever wonder what the difference between the words mostly and mainly would be in a weather forecast?  At this every moment, I am.  Just checked Accuweather for the Bristow forecast.  I’m trying to find the next sunny day so I can take a picture of my latest Braemar listing.  It’s going to be mostly cloudy on Sunday and mainly cloudy on Monday.  I’m thinking mostly means less than mainly, so I will be there with my camera tomorrow.  And if the forecast is off completely, I’ll be there the next day too.  Of course, cloudy days Ballston Model Braemar Courtyard Homegive a more even disbursement of light, making for good exterior shots, so the cloudier of the two may not be bad either.  Either way, a great Braemar Listing Agent does what it takes to get the job done right, even if it means taking the exterior shot multiple times over a few days to get the best one.

Right now this Braemar Real Estate is bringing you the Braemar Property Value Report for Courtyard Series homes.  Courtyard homes are one of three different floor plans that share a private courtyard driveway and have very limited outdoor spaces.  Models include the Arlington, Clarendon and Ballston.

The was only one sale of a Braemar Courtyard home in the last two months of 2016, which is our current reporting period.  It was a Clarendon model with four bedrooms, three and a half bathrooms and a fully finished basement with no exit.  It listed for $330,000 and sold for $343,500.  That is lower that any sale last report or this time last year.  If it weren’t a Short Sale, it would likely be used as a comparable sale for traditional equity sales going forward, until we had something better to use.  For now, breathe a sigh of relief.  If this had been a regular sale, it would have meant that values were down over 11.5% since last report and down nearly 6.5% since last year.

Braemar Property Value Report:  November-December 2016 (Courtyard Series)

If you placed your Braemar Courtyard home on the market, using this sale as a Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037measure, you could expect your home to be under contract in about a month and a half.  You may not even have to give any closing cost help on behalf of the buyer.

The next Braemar Property Value Report will be out in March and will detail sales from January and February. Until then, when you are ready to sell your Braemar home, give me a call for a free market analysis.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland

 Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com

Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)

Braemar Property Value Report: July-August 2016 (Courtyard Series)

Braemar Property Value Report:  July-August 2016 (Courtyard Series)

The fall real estate market is here in Braemar.  Unfortunately, it will be a couple of Braemar Courtyard Home, Bristow, VAmonths before we know how much real estate is selling this fall.  Right now, in this edition of the Braemar Property Value Report, we are going to look back at the last two months of summer and focus on the Courtyard homes sold.  Before we begin, let’s explain what sets Braemar Courtyard homes apart.  Braemar Courtyard homes are one of three different floor plans that share a private courtyard driveway and have very limited outdoor spaces.  Models include the Arlington, Clarendon and Ballston.

There were two Braemar Courtyard homes that sold between July and August.  One was a Clarendon, the other a Ballston.  The high sold price was $400,000.  The low sold price was $380,000.  The average of both gives us our new average market value for a Braemar Courtyard home of $390,000.  Since last report, that is a 1/2% decrease in average value.  The good news is that compared to last year, it is an increase of nearly 5.5% in average value.

Braemar Property Value Report:  July-August 2016 (Courtyard Series)

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037If you placed your Braemar Courtyard home on the market, priced to current conditions, you could expect it to be under contract in an average of about a week and a half.  You could also expect a buyer to request an average of 1.5% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in November and will detail sales from July and August. Until then, when you are ready to sell your Braemar home, give me a call for a free market analysis.  No One Knows Braemar Better!

Chris Ann Cleland, Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com

 

Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)

Braemar Property Value Report: May-June 2016 (Courtyard Series)

Braemar Property Value Report:  May-June 2016 (Courtyard Series)

It is time for another Braemar Property Value Report focusing on the most recent sales activity for Courtyard homes in our neighborhood.  In particular, we will be looking back at the months of May and June.  Too many time when I run this report, I find no sales, but it seems our market has had a Arlington Model Courtyard Homedecent amount of activity recently.

Before we begin, let’s clarify exactly what defines a Braemar Courtyard home.   A Braemar Courtyard home is, it is one of three different floor plans that share a private courtyard driveway and have extremely small outdoor spaces.  Models include the Arlington, Clarendon and Ballston.

There were three Braemar Courtyard homes that sold in May and June.  Two Clarendon models and one Arlington.  The high sold price was $405,000 and the low sold price was $379,900.  The average of all three gives us our new average market value for Braemar Courtyard homes of $391,967.  That is a 1.5% increase in average market value since last report.  Unfortunately, because the same reporting period last year had no sales, there is no year to year comparison of value.

Braemar Property Value Report:  May-June 2016 (Courtyard Series)

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

The next Braemar Property Value Report will be out in September and will detail sales Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037from July and August. Until then, when you are ready to sell your Braemar home, give me a call for a free market analysis.  No One Knows Braemar Better!

Chris Ann Cleland, Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com

 

Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)

Braemar Property Value Report: March-April 2016 (Courtyard Series)

Braemar Property Value Report:  March-April 2016 (Courtyard Series)

The sun is shining and the birds are chirping today in Braemar.  What a pleasant day Braemar Courtyard Home, Bristow, VAafter so many gray and rainy days.  And if you are a Braemar Courtyard home owner, your day will be made even more pleasant by this Braemar Property Value Report.  If you don’t know what a Braemar Courtyard home is, it is one of three different floor plans that share a private courtyard driveway and have extremely small outdoor spaces.  It is perfect for home owners who want a detached home, but not a large yard to maintain.  Models include the Arlington, Clarendon and Ballston.

There were three Braemar Courtyard homes that sold between the months of March and April.  Oddly enough, all of them were Ballston models.  The low sold price was $363,000 and the high sold price was $405,000.  Averaging all three sold prices, we get our new average market value for a Braemar Courtyard home of $386,000.  That is nearly a 6% increase in value since last report and an 8% increase in average value since last year.

Braemar Property Value Report:  March-April 2016 (Courtyard Series)

If you placed your Braemar Courtyard home on the market, priced to current conditions, you could expect it to be under contract in a little less than two months.  You could also expect to pay an average almost 2% of the sales price in closing cost help to the buyer.

The next Braemar Property Value Report will be out in July and will detail sales from May Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037and June. Until then, when you are ready to sell your Braemar home, give me a call for a free market analysis.  No One Knows Braemar Better!

Chris Ann Cleland, Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com

 

Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)

Braemar Property Value Report: January-February 2016 (Courtyard Series)

Braemar Property Value Report:  January-February 2016 (Courtyard Series)

It is that time again.  Time for another Braemar Property Value Report.  This one is specifically for Braemar Courtyard homes and covers the first two months of the year.  If Braemar Courtyard Home, Bristow, VAyou don’t know what a Braemar Courtyard home is, it is one of three different floor plans that share a private courtyard driveway and have extremely small outdoor spaces, prefect for the home owner who wants a single family home, but no big yard to maintain.  Models include the Arlington, Clarendon and Ballston.

Because Courtyard homes make up such a small portion of the homes in Braemar, it is not unusual to have only one sale every couple of months.   This is one of these ocassions.  There was one Braemar Courtyard home that sold between January and February.  It was a three bedroom Ballston model with a partially finished basement, but no basement exit.  The list price was $369,999 and the sold price was $365,000.  Taking that sold price as a place holder for average market value for this report, we see a decrease in value of 1/2% since last report and a decrease of nearly 4% compared to last year.  We always get a better idea of value when we have a few sales to report.

Braemar Property Value Report:  January-February 2016 (Courtyard Series)

If you placed your Braemar Courtyard home on the market, priced to current condition, this sale indicates you may be under contract in as few as four days.  You may also prepare to give 2% of the sales price in closing cost help.

The next Braemar Property Value Report will be out in May and will detail sales from
March and April. Until then, when you are ready to sell your Braemar home, give me a call Chris Ann Cleland, Bristow Real Estate Agent, 703-402-0037for a free market analysis.  I’ve been a Braemar resident and full-time Bristow Real Estate Agent since 2005.  Getting your Braemar home sold as fast as possible, and for the most amount of money is my job.  No One Knows Braemar Better!

Chris Ann Cleland, Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com

 

Statistics compiled by Chris Ann Cleland, using the MRIS (Metropolitan Regional Information Systems.)