Braemar Property Value Report: July-August 2020 (Ryan Homes)

Braemar Property Value Report: July-August 2020 (Ryan Homes)

The month of September is slipping by fast and I am in the home stretch of putting out all my most recent Braemar Property Value Reports.  My internal deadline is to have them out by the end of the odd numbered months.  Tick tock.  Today’s report focuses on sales of houses built by Ryan Homes in our neighborhood and like the rest of the reports put out this month that preceded it, details sales in the months of July and August.  Let’s get right to it.

There were only two Ryan homes that sold during our current reporting period.  There’s a fairly big difference in their final sold prices.  See for yourself.

The difference in sold prices here goes beyond an additional bedroom on Gentle Shade.  I listed 12833 Gentle Shade the last time it sold.  The home was in good shape, but in need of updating.  Boy, did the new owners take care of that.  That home was updated from head to toe and the basement even finished.  Ballagan, while a nice looking home in good condition, still had basic finishes.

Taking these two sales and combining them with the entire previous twelve months of Ryan home sales in Braemar, our six and twelve month data points are updated as found below:

Starting with the sold price column, we see very healthy increases when comparing the six month average sold price to the twelve month average, and the same when comparing the six month median to the twelve month median.  This means Ryan homes in Braemar are continuing to gain value in this seller’s market.

Seller subsidy is a column where we learn how much closing cost help, on average, sellers of Ryan homes are giving in their sales.  When looking at the details of our two most recent sales, the sellers gave no seller subsidy at all.  However, the six month average seller subsidy is a bit higher than the twelve month average.  Not the direction I’ve noticed lately.  More importantly, the six month median is exactly the same as the twelve month median.  This means that even the shorter term, more than half the Ryan home sellers in Braemar have been giving closing cost help of at least $5,000.

Days on market clearly shows the current seller’s market in full swing.   The six month average marketing time has decreased by twenty days from the twelve month average.  Meanwhile, the six month median is two days shorter than the already quick twelve month median.  Buyers are gobbling up Ryan homes in Braemar just about as fast as they are coming on the market.

If you placed your Ryan home in Braemar on the market, priced to current conditions, you could expect it to be under contract in less than one week.  You could also expect to give in the neighborhood of about 1% of the sales price in closing cost help, but might get away with giving nothing if this buyer demand continues producing intense competition.

The next Braemar Property Value Report will be out in November.  Until then, know that if you want to take advantage of the peaking prices in our neighbor, the year end market is a great time to do it.  Limited inventory is only getting more limited while buyers are still out in droves.  Get in touch and let’s investigate what a year end sale might mean for you.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster Real Estate

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com

 

 

Braemar Property Value Report: July-August 2020 (NV Homes)

Braemar Property Value Report: July-August 2020 (NV Homes)

Another late September day, another Braemar Property Value Report to share.  This one focuses on the sales of houses built by NV Homes in our neighborhood and covers the activity from July and August.

There were two NV homes that sold during our current reporting period.  Their sold prices were very close to each other at $552,000 and $565,000.  Looking at the details below, on paper it seems the only difference is one had a walk out basement exit and the other didn’t have an exit at all.  That $13,000 difference in sales price, if all else is equal, is what appraisers call a market extraction.  That’s how appraisers determine values of different upgrades or structural differences.  Find two that are mostly alike except for one thing  and figure how much that one thing the higher priced home had is worth.  There isn’t just a list of values for basement exits, extra bedrooms, bathrooms, upgraded kitchens, etc.  It’s all determined by market extraction and why values for upgrades and structures change so frequently.  It’s one of the reasons that hiring a listing agent that understands this principle is so important.  They may be able to find a higher extraction and raise your value.

Enough with the market extraction lesson, the details of those NV home sales are listed below:

As is my practice, I take these most recent sales and combine them with the rolling twelve months of NV home sales and extract six month and twelve month value points to tell us how our market is trending.  The updated values can be found below:

Starting with the sold price column we see that the six month average is a tad higher than the twelve month average sold price.  Meanwhile, the six month median is nearly $10,000 higher than the twelve month median.  While NV home values are still pushing up, their rate of gain is not as pronounced as we see in lower price ranges.  The higher price ranges in our market have not been seeing the frenzied activity of the low $500K and below homes.  Still, upward pressing values is still a good thing.

The seller subsidy column shows us how much closing cost help NV home sellers have been giving on average.  The six month average has fallen below the twelve month average by more than half.  And the six month median and twelve month median remain at zero.  The latter means that more than half of buyers for NV homes are foregoing closing cost requests, or having them negotiated away, in their transactions.  We do see in the two sales above that one seller gave nothing and the other gave $3,000.  Seeing $15,000 in closing cost help is going to be exceptionally rare in this seller’s market.

Days on market is where we find out how long it is taking NV homes to sell in Braemar.  Though only up by one day each, the six month average is higher than the twelve month average and so is the six month median compared to the twelve month median.  The two most recent sales show days on market of over three weeks.  As I stated earlier, the higher price ranges are not as fast as the lower priced single family homes in our market.

If you placed your NV home on the market, priced to current conditions, you could expect it to be under contract in two to three weeks.  You could also expect to give minimal closing cost help, if any at all.

The next Braemar Property Value Report will be in out in November.  Until then, I hope you all enjoy the fall season’s upcoming display of brilliant color.  Of course, if you have been thinking of taking advantage of the peaking prices in our neighborhood, or find yourself in a position where a move is inevitable, know that our year end market is one of my favorites in which to sell.  Demand is always there, but inventory is very low.  This year, that difference will be even more pronounced with higher buyer demand than we have seen many fall markets.  Give me a call and let’s see what a year end sale would mean for you.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster Real Estate

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com

Braemar Property Value Report: July-August 2020 (Heritage Series)

Braemar Property Value Report: July-August 2020 (Heritage Series)

The arrival of fall is one of my favorite things in a calendar year.  Like many, I am anxious to see the brilliant display of fall foliage that is on the way.  In the meantime, allow me to share with you the most recent Braemar Property Value Report.  This one details sales of homes in the Heritage Series.  Heritage 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.

 

During the months of July and August, there were fourteen Heritage homes that sold.  That’s a lot, but still not enough to meet our current buyer demand.  Details of those sales are listed below:

Taking these fourteen sales and combining them with the entire past twelve months of Heritage home sales in Braemar, our six and twelve month data points are updated as seen below:

Starting with the sold price column, we see increased values in the six month average and median sold prices over the twelve month average and median sold prices.  This means Braemar Heritage homes are continuing to increase in value.  That’s the beauty of a seller’s market.

In the seller subsidy column, we learn how much closing cost help Braemar Heritage home sellers are giving in their transactions.  The great news is that it is not much, if anything at all.  The six month average seller subsidy has been whittled down about one thousand dollars from the twelve month average.  Meanwhile, the median values still show us that more than half the sales, in the last six months and during the last year, are giving nothing in seller subsidy.

Days on market is another column where we see the seller’s market condition in full swing.  The six month average marketing time is less than half the twelve month average marketing time.  Meanwhile, the six month median days on market is exactly that same as the twelve month median.  Heritage homes in Braemar are selling quickly!

If you placed your Braemar Heritage home on the market, priced to current conditions, you could expect to be under contract in about a week or less.  You could also expect that you would have enough leverage in negotiations to not give anything in closing cost help.

The next Braemar Property Value Report will be out in November.  Until then, if you want to take advantage of the peaking values this seller’s market is producing, know that the year end market is going to push them even higher.  Why?  There are even fewer sellers this time of year and I can tell you, the buyers are still out looking for homes.  Give me a call and let’s look at what a year end sale would mean for you.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster Real Estate

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com

 

 

Braemar Property Value Report: July-August 2020 (Arista Series)

Braemar Property Value Report: July-August 2020 (Arista Series)

The chill of fall is in the air and reminding me why I love this time of year so much.  Brightly colored leaves will be a welcome sight next month.  Unfortunately for buyers, it seems the coming of fall doesn’t seem to have lightened demand for housing.

Right now, it is time for another Braemar Property Value Report, detailing sales of homes in the Arista Series.  Arista homes are the large single family homes built by Brookfield Homes in our neighborhood and are one of three models:  Arista, Buckingham or Canterbury.

During our current reporting period of July and August, there were four Arista homes that sold.  The details of those sales are listed below.

Combining these four sales with the entire previous twelve months of Arista home sales, back to June 2019, our updated six and twelve month value points are updated as seen below.

Starting with the sold price column, we see that both the six month average and six month median values are both higher than their respective twelve month values.  This means that Arista home values in Braemar continue to push upward.

The seller subsidy column is where we see how much closing cost help sellers are giving.  While the six month median and twelve month median values are identical, indicating no change, the six month average is slightly higher than the twelve month average.  As our market demand continues to increase prices and move homes quickly, buyers in upper price ranges may be struggling to afford every cost associated with buying them.  We see that half of the sellers in our current reporting period gave closing cost help, the other half gave none.

The last column shows us how long it has been taking to sell Braemar Arista homes.  Both the six month average and median marketing times are faster than their twelve month counterparts.  This means Braemar Arista homes are selling faster.

If you placed your Braemar Arista home on the market, priced to current conditions, you could expect it to be under contract in about a week.  You could also expect you may have to give some closing cost.  Expect the worst, hope for the best.

The next Braemar Property Value Report will be out in November.  Until then, if you have been looking for the top of the market to sell your Braemar home, we are nearing that point.  We will only know we’ve hit the top when we start to see prices falling.  Now is an excellent time to sell.  Get in touch with me if you want to investigate the sale of your Braemar home.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster Real Estate

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com

 

 

Braemar Property Value Report: May-June 2020 (Ryan Homes)

Braemar Property Value Report: May-June 2020 (Ryan Homes)

This summer in the Bristow real estate market has been one for the books.  Despite the pandemic that hit this year, our demand for housing has reached a fever pitch.  Normally, come July and August, our real estate market is pumping the brakes as would-be buyers become more focused on vacations and back to school activities.  Not this year.  This has been the busiest July I have experienced since getting my license in 2005.

In today’s Braemar Property Value Report, which features sales of Ryan Homes in our neighborhood, we will be looking back to the activity from May and June.  During those two months, there were two Ryan Homes in Braemar that sold.  The details of those sales are listed below.

When looking at the two sold prices above we notice quite a spread in the two sold prices.  Who would expect a home with an unfinished basement and one less full bathroom to close for more than a home those items?  Well, upon closer inspection, the home at 12821 Gentle Shade was a foreclosure in rough shape.  It need carpet, paint, floors refinished, etc.  Not uncommon to find that sellers would couldn’t afford their mortgage payments also couldn’t afford to keep up with their homes. Nonetheless, that’s the reason for the difference.

Combining these two sales with the entire previous twelve months of Ryan Homes sales in Braemar, we get updated six and twelve month value markers that tell give us insight to our market.  Those updated value markers are found below.

Looking first at the sold column, we find both the six month average and six month median sold prices are substantially higher than their twelve month counterparts.  This means Ryan Home values in Braemar are still rising.

The seller subsidy column shows us what Ryan Home sellers have been giving buyers in closing cost help on average.  I’m a bit surprised to see both the six month average higher than the twelve month average AND the six month median higher than the twelve month median.  In most reports, I’m finding as buyer competition has increased, seller subsidy has decreased.  We’ll keep an eye on that for next report.

The days on market column shows us how long it has taken Ryan Homes to go under contract in our Braemar market.  This trend is exactly what I would expect to see.  Both the six month values are faster than their respective twelve month values.  This means Ryan Homes have been selling faster in the more recent sales.

If you placed  your Ryan Home on the market, priced to current conditions in Braemar, you could expect it to be under contract in less than a week.  You could also expect to pay a bit more  than 1% of the sales price in seller subsidy.

The next Braemar Property Value Report will be out in September.  Until then, I hope you enjoy the rest of your summer.  And if the time comes to sell your Braemar home, give me a call.  With top notch marketing and unparalleled knowledge of our neighborhood, I can help you maximize your profit in any market conditions.  Since 2005, No One Knows Braemar Better!  

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster Real Estate

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com

 

Braemar Property Value Report: May-June 2020 (Heritage Series)

Braemar Property Value Report: May-June 2020 (Heritage Series)

When I prepare the various editions of the Braemar Property Value Report, I am always excited to see how any listings I had compared with other sales of similar properties.  In this edition of the Braemar Property Value Report for the Heritage Series homes, I have a chance to do that.  Heritage 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 homes in our neighborhood that sold during the months of May and June.  My listing is highlighted in the detailed sales below in pink.

At first glance, my listing at 9658 Granary Place was the third lowest sold price in all the sales above.  However, when you look at it compared to the other unfinished basement home sales, it was the highest sold price.  My sellers got $17,000 over what was, at the time, a reasonable list price.  In fact, they set a record for the highest sold price for an unfinished basement home sale in the Heritage Series since probably 2005 or 2006.

Taking these eight sales and combining them with the entire previous twelve months of Heritage home sales, our six and twelve month data points are updated as reflected below.

Starting with the sold price column, we see that both the six month average and six month median sold prices are above their respective twelve month sold prices.  That means Braemar Heritage homes are continuing to move up in value.

When it comes to seller subsidy we see how much Braemar Heritage home sellers have been giving in closing cost help summarized with the average and median values.  The six month average seller subsidy is less than the twelve month average seller subsidy.  Not surprising considering buyers are having to write stronger and stronger offers more recently to even be considered.  The six month and twelve month medians are the same at zero.  That means half or more of Braemar Heritage home sellers are not giving any seller subsidy.

Days on market shows a surprise uptick in marketing time.  The six month average marketing time was four days longer than the twelve month average marketing time.  However the most recent sales above show no longer marketing time than fourteen days.  That means the sale(s) bringing up the average are not ones that happened in the two most recent months.  Meanwhile, the six and twelve month median marketing times are identical at six days.

If you placed your Braemar Heritage home on the market, priced to current conditions, you could expect it to be under contract in a week or two.  You could also expect to pay very little, if anything, in closing cost help.

The next Braemar Property Value Report will be out in September. Until then, there may never be a better time to cash out for max profit when selling your Braemar home.  There is no question that our circumstances of intense buyer demand and not enough homes to meet it, has created a bubble.  When will it burst?  We’ll only know when values start their downward trend.  If you want to know where your value may be with a sale in the near future, call me for the most accurate analysis of your Braemar home’s value and let’s set another record high sold price.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster Real Estate

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com

Braemar Property Value Report: May-June 2020 (Arista Series)

Braemar Property Value Report: May-June 2020 (Arista Series)

House hunting during July and August in Braemar can be brutal.  The heat and humidity can get to you, especially during a time when no overlapping showings can happen thanks to COVID.  I’ve been standing in the front lawns of quite a few area listings just waiting for my turn to show a property.  Couldn’t be happier than I am right now to be sitting in my air conditioned home typing this Braemar Property Value Update for Arista home owners in our neighborhood.  Arista homes are the large single family homes built by Brookfield Homes in our neighborhood and are one of three models:  Arista, Buckingham or Canterbury.

There were three Braemar Arista homes that sold during our most recent reporting period, which encompasses May and June.  The details of those sales are listed below.

At first glance you notice that the middle sale is highlighted in a pink.  That’s because that is a listing that I sold.  And looking in comparison with the other sales, it seems my sellers made out very well.  They sold in a shorter period of time than the other sellers, paid no closing cost help and considering the only three finished levels without a secluded lot, they did very well on their price.

When we take these three sales from May and June and compare them with the entire past twelve months of Braemar Arista home sales, we get updated six and twelve month data points, as seen below.

Looking first at the sold price column, we see that both the six month average and six month median sold prices are higher than their twelve month counterparts.  This means Braemar Arista homes are continuing to push up in value in this crazy seller’s market.

Another trend we see in a seller’s market is decreasing seller subsidy, or as it is also know, closing cost assistance.  Yes, the trend is certainly favoring sellers.  Both the six month average and median seller subsidy values are less than their twelve month counterparts.  Sellers aren’t having to give as much in closing cost help as they were.

Finally, looking at days on market, another seller’s market trend is clear. Both the six month average and six month median marketing times are shorter than their twelve month respective values.  This means Braemar Arista homes are selling faster.  Though these higher price range homes do tend to take a bit longer to sell than less expensive and smaller homes.

If you placed your Braemar Arista home on the market, priced to current conditions, your could expect it to be under contract in no more than a month, possibly even less time than that.  You could also expect you may have to pay less than 1% of the sales price in closing cost help.

The next Braemar Property Value Report will be in out in September.  Until then, when the time comes to sell your Braemar home, give me a call for the most accurate evaluation of your home and a professional marketing plan that will maximize your profit.  Since 2005, No One Knows Braemar Better!

Chris Ann Clelan

Associate Broker-Licensed in VA

Long & Foster Real Estate

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com

 

Braemar Property Value Report: March-April 2020 (Ryan Homes)

Braemar Property Value Report: March-April 2020 (Ryan Homes)

Yikes!  The end of the month is only a couple days away and I’ve got two Braemar Property Value Reports left to share.  Today, let’s look at the Braemar Property Value Report that I put together for homes built by Ryan Homes in our neighborhood.

During our current reporting period, March and April 2020, there were three Ryan Homes that sold.  The details of those sales are listed below:

Taking these three sales and combining them with the entire past twelve months of Ryan Home sales in Braemar, our six and twelve month data points are updated as pictured below.

Starting first in the sold price column, we see that both the six month average and six month median sold prices are higher than their respective twelve month values.  This means Ryan Homes in Braemar are still gaining value.

Next up is the seller subsidy column.  Seller subsidy is also known as closing cost help that sellers give buyers.  While the six month average seller subsidy is ever so slightly less than the twelve month average seller subsidy, the six and twelve month median values are exactly the same.  Looks like this is a an area that isn’t changing.

When it comes to marketing time we see conflicting information.  The six month average marketing time is longer than the twelve month average marketing time.  In contradiction, the six month median marketing time is a bit shorter than the twelve month median marketing time.  Hmm.  We’ll have to wait and see where this trend goes, but for now we’ll call it stable.

If you placed Ryan Home on the market, priced to current conditions in Braemar, you could expect it to be under contract in as little as a week, or as long as a month.  You could also expect to pay about 1% of the sales price in seller subsidy.

The next Braemar Property Value Report will be out in July.  Until then, despite the pandemic, we are experiencing a very strong seller’s market.  If you want to take advantage of it, hiring the right real estate agent has never been more important.  My top notch marketing, combined with the COVID showing precautions I recommend to sellers, can get you top dollar and keep you safe at the same time.  Since 2005, No One Knows Braemar Better!

 

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster Real Estate

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com

 

Braemar Property Value Report: March-April 2020 (Heritage Series)

Braemar Property Value Report: March-April 2020 (Heritage Series)

What a gorgeous start to the Memorial Day Weekend.  Doesn’t get any better than blue skies, sun and warm temperatures to kick off a long weekend.  While my fellow Braemar home owners are likely getting stocked up on hamburgers and hot dogs for holiday cookouts, I’m going to share with you another Braemar Property Value Report.  This one focuses on sales of Heritage homes in our neighborhood.  Heritage 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 six Braemar Heritage homes that sold during the months of March and April.  The details of those sales are listed below:

Final sold prices ranged from $460,000 to $556,000.  You will notice that the $556,000 sale on Millbill is highlighted in pink.  It’s highlighted because I was the listing agent on that home.  While I am here like clockwork every other month bringing you property value reports, I also like to share that I do, in fact, list and sell homes in the neighborhood.  My sellers enjoy fantastic results.

Taking these six sales and combining them with the entire last twelve months of Heritage home sales, we get updated six and twelve month data points, as shown below:

Looking first at the sold price column, we see that both the six month average and six month median sold prices are higher than their respective twelve month values.  This means Braemar Heritage homes are still gaining value.

Seller subsidy (also known as closing cost assistance to buyer from seller) doesn’t show as clear a trend.  While the six month average seller subsidy is lower than the twelve month average, the six month median seller subsidy is higher than the twelve month median.  Still, looking at the highest number in this column, we see that seller subsidy is very modest in the current seller’s market.

Marketing time currently shows a trend in one direction.  Both the six month average and six month median marketing times are longer than the twelve month average and median marketing times.  This means it has taken a bit longer for Heritage homes to go under contract in the last six months.  Of course, looking at the most recent sales from March and April, it is likely the trend for marketing time will decrease next report.

If you placed your Braemar Heritage home on the market, priced to current conditions, you could expect it to be under contract in as little as a week, as long as a month.  You could also expect to pay less than half of 1% of the sales price in seller subsidy.

The next Braemar Property Value Report will be out in July.  Until then, the question I get asked most often right now is how the pandemic is affecting our real estate market.  Right now, it doesn’t seem to be affecting anything but HOW we list and tour houses.  Braemar is still experiencing a strong seller’s market thanks to historically low mortgage interest rates, the expansion of Micron in Manassas bringing thousands of jobs to our back yard and the Federal government being the largest economic force in our area.

If you have been considering the sale of your Braemar home, but have been hesitant because of the pandemic, let’s talk.  With my professional marketing and unparalleled knowledge of our market, we can list and sell your home safely and for top dollarSince 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster Real Estate

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com

Braemar Property Value Report: March-April 2020 (Arista Series)

Braemar Property Value Report: March-April 2020 (Arista Series)

Despite the shut downs still in place with the COVID pandemic, the Bristow real estate market is hopping.  Our home sellers and home buyers are lucky that our Governor considers real estate an essential business.

Right now, it is time for the Braemar Property Value Report that focuses on sales of Arista homes in our neighborhood.  Arista homes are the large single family homes built by Brookfield Homes in our neighborhood and are one of three models:  Arista, Buckingham or Canterbury.

There was one Arista home that sold during our current reporting period of March and April 2020.  The details of that sale are listed below.

Taking this sale and combining it with the entire past twelve month’s of Arista home sales, our six and twelve month data points are updated as pictured below:

The great news, probably in large part to the outstanding sales price of $690,000 that our most recent sale pulled down, is that the six month average and median sold prices are well above the twelve month average and median sold prices.  That means Braemar Arista homes are still gaining value.

Better news for Braemar home sellers looking to hit the market soon is that the six month average and median seller subsidy values are well below the twelve month average and median seller subsidy values.  What does this mean?  In the more recent sales, Braemar Arista home sellers have been giving less money in closing cost help to buyers.

Finally, another good trend is found in the days on market column.  The six month average and median marketing times are shorter than the twelve month average and median marketing times.  This means Braemar Arista homes have been selling faster recently.

If you placed your Braemar Arista home on the market, priced to current conditions, you could expect it to be under contract in about two weeks.  You could also expect to pay minimal amounts of closing cost help, if any.

If you know someone in the market for an outstanding Canterbury model in our neighborhood, check out 9725 Kinloss Mews, just listed for $610,000.  You can call me for a tour if you don’t have your own buyer’s agent.

The next Braemar Property Value Report will be out in July.  Until then, if you have been considering the sale of your Braemar home, give me a call.  I can get the job done safely and for maximum profit.  Since 2005, No One Knows Braemar Better!

Chris Ann Cleland 

Associate Broker-Licensed in VA

Long & Foster Real Estate

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.com

www.UncompromisingValues.com