Braemar Property Value Report: September-October 2017 (Ryan Homes)
It is time for another Braemar Property Value Report, detailing sales of Ryan Homes in our neighborhood. This particular edition focuses on the sales activity in the months of September and October.
There was only one sale of a Ryan Home and that happened in October. Details are below:
When we place that sale in with our rolling six and twelve month values, here is what find:
Looking at the short term (six month) sold prices compared to the long term (twelve month) sold prices, we see that Ryan Home values are increasing. We also see that seller subsidy (closing cost help to buyers) is decreasing in the short term. Both of those are good news. But wait, there’s more. Marketing time in the short term is down. That’s three point of good news for Ryan Homes in Braemar.
If you placed your home on the market, priced to current conditions, you could expect it to be under contract in a little over a week to three weeks time. You could also expect to pay about $5,500 or $5,750 in seller subsidy.
The next Braemar Property Value Report will be out in the New Year. Until then, when you want to see what the market value of your Braemar home is, give me a call. Since 2005, No One Knows Braemar Better!
Associate Broker-Licensed in VA
Long & Foster REALTORS®