Braemar Townhouse Report: May-June 2016

Braemar Townhouse Report:  May-June 2016

As I type this report, I am trying to revive my crispy, brown lawn with a sprinkler.  If I soak it a few days, maybe it will start to come back to life.  One of the things I hate about Townhouse with Garage in Braemarour summers here in Bristow is that our grass goes dormant if you don’t constantly water.

One thing is for sure, our Braemar real estate market hasn’t gone dormant.  In this edition of the Braemar Townhouse Report we’ll look at the sales activity for the months of May and June, as we headed into these dreadfully hot summer months.

There were thirteen sales of Braemar townhouses between the beginning of May and the end of June.  The high sold price was $338,000.  The low sold price was $260,000.  When you average all thirteen sold prices you get the new average market value of $305,031.  That’s over a 2% increase in average market value since last report and over a 2.5% increase in average market value since last year.  The Braemar townhouse market is hopping!

Braemar Townhouse Report: May-June 2016

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

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 using the MRIS (Metropolitan Regional Information Systems.)

Braemar Townhouse Report: July-August 2014

Braemar Townhouse Report:  July-August 2014

Living in the Braemar townhouses across from the Rob Roy Pool has its Braemar Townhouseadvantages.  In the off season of the pool, there is a ton of visitor parking.  And on Braemar Day, the festivities, which are held in that parking area and the surrounding common area, are only a short distance away.

While we are enjoying fall gatherings like Braemar Day, and just days away from welcoming the month of October, it is time to look back at the last two months of summer and see what happened in the Braemar townhouse market.

There were an incredible nineteen townhouse sales in Braemar in July and August.  Their final sales prices ranged from $245,000 to $334,000.  The average of all nineteen gives us our new average market value for Braemar townhouses of $289,921.  That means just over a 3% decrease in average value since last report, but a 4% increase in average value since this time last year.

Braemar Townhouse Report:  July-August 2014

If you placed your Braemar townhouse on the market, priced to current market conditions, you could expect it to be under contract in an average a little over three weeks.  You could also expect a buyer to ask for an average of 1.5% of the sales price in closing cost assistance.

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037The next Braemar Townhouse Report will be out in November and will detail sales from the months of September and October.  Until then, if you are interested in selling your Braemar townhouse, call me for a free market analysis of your specific home’s value.  I’ve been a Braemar home owner and full-time Bristow Real Estate Agent since 2005.  I can help you get your Braemar home sold quickly and for the maximum amount of money. No One Knows Braemar Better!

Please feel free to join my neighborhood Facebook group, BRAEMAR (Bristow,VA.)  I started the group to have an easy access point for these online Braemar Property Value Reports.  However, you can start any neighborhood conversation you like to there.  When neighbors talk, good things happen.  My favorite being reuniting lost pets with their owners.

Chris Ann Cleland, Associate Broker-Licensed in VA

Top Producing Agent 2013 & 2011

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.NVARealEstate.net

 

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

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 You can see the most recent property values in Braemar by clicking the links below:

Arista Series  (large single family homes built by Brookfield Homes)

Carriage Series (smaller single family homes with detached garages, Brookfield Homes)

Courtyard Series (executive style home, five to a private driveway, Brookfield Homes)

Heritage Series (mid-sized single family homes, Brookfield Homes)

NV Homes (single family homes built by NV Homes)

Ryan Homes (single family homes built by Ryan Homes)

Condo Quarterly (townhouse style condos)

Piggyback & Patio Quarterly (back to back townhouses and quad homes)