Friday, February 23, 2018

Weekly Update Update 2/17/2018 - 2/23/2018


                                 INTRODUCTION

                                                                                                        





As of today, there are 15active listings in MLS,   0 homes coming soon and 30 homes which went under contract in the past 30 days. This gives us a current absorption rate of .5 same as last week's .5.  The number of distressed sales out of the total actives and the breakdown is as follows:



Disclosed Potential Short Sale Condos: 0

Disclosed Potential Short Sale Town Homes:  0

Disclosed Potential Short Sale Detached Homes: 0

Total Potential Short Sale: 0

Percent of Short Sales: 0%


Bank Owned Condos: 0


Bank Owned Town Homes: 0

Bank Owned Detached Homes:  0

Total Bank Owned: 0

Percent of Bank Owned: 0%


Foreclosed Condos:  0
Foreclosed Town Homes:  0
Foreclosed Detached Homes: 0


Total Foreclosed: 0

Percent of Foreclosed: 0%


Total Distressed Sales: 0

Percent of Total Distressed Sales: 0%





Contact me if you would like additional information on any of these South Riding Homes for Sale















NEW LISTINGS





According to MLS there are 8 homes new to mls for the week of 2/17/2018 – 2/23/2018, 1 more than last week:



Condos:

43134 WATERCREST SQ #104, LP: $290,000 DOMM/DOMP 2/2

42761 LONGWORTH TER, LP: $355,000 DOMM/DOMP 1/1



Town Homes:

42635 HOMEFRONT TER, LP: $384,900 DOMM/DOMP 1/1

26149 NIMBLETON SQ, LP: $450,000 DOMM/DOMP 1/1











Detached & Semi Detached Homes:

25642 CREEK RUN TER, LP: $569,900 DOMM/DOMP 1/1

26157 RACHEL HILL DR, LP: $624,900 DOMM/DOMP 2/2

42744 CENTER ST, LP: $409,000 DOMM/DOMP 1/1

42516 MANDOLIN ST, LP: $714,990 DOMM/DOMP 0/0




Contactme if you would like additional information on any of these South Riding Homes for Sale









UNDER CONTRACT







According to MLS, there were 7 homes which went under contract during this period, 1 more the previous week:





Condos:



Town Homes:

25444 BRICKELL DR, Status: CNTG/NO KO    LP: $399,900 DOMM/DOMP 2/2

25372 ASHBURY D, Status: CNTG/NO KO    LP: $409,000 DOMM/DOMP 5/5

25408 HERRING CREEK DR, Status: CNTG/NO KO    LP: $419,900 DOMM/DOMP 5/5

26065 NIMBLETON SQ, Status: CNTG/NO KO    LP: $485,000 DOMM/DOMP 6/6





Detached & Semi Detached Homes:

43054 BARONS ST, Status: CNTG/NO KO    LP: $529,990 DOMM/DOMP 5/5
43453 QUENTIN ST, Status: CNTG/NO KO    LP: $540,000 DOMM/DOMP 3/3

25323 JUSTICE DR, Status: CNTG/NO KO    LP: $684,900 DOMM/DOMP 4/4









  
This is the same amount of distressed sales going to under contract status this past than in the previous week. The average days on the market for the 7 homes is 4 days or about .1 months. This is lower than the current absorption rate for South Riding .5 mentioned in the introduction.








SOLD







 According to MLS there were 0 homes sold and went to record for the week of 2/17/2018 – 2/23/2018.  Sometimes closings get delayed or the listing agent forgets to update the status in a timely matter.



Condos:

Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP







Town Homes:
Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DO









Detached & Semi Detached Homes:

Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP







Average Net %:  n/a%

Average DOMM / DOMP: n/a













SUMMARY









The current inventory level for South Riding increased to 15 active listings. With 8 new listings and 8 homes which went under contract last week last week. 0 homes sold and went to record with average days on the market of n/a and average net sales price of n/a%. Looking back over the past 5 weeks which had sold homes the average net to list price has been 99%, 99.2%, 95.9%, 99.2%,& 98.4% for an average of 98.3%.







Disclaimer: Information is deemed reliable but not guaranteed. MLS data was used which means For Sale By Owner information may have not been included. All homes entered as comps (e.g. new construction) were removed as well. MLS data is subject to human errors such as agents entering wrong values. This is not an appraisal but purely for informative purposes only. If you spot an error, please email me


Rentals February 23, 2018

Rentals February 23, 2018










If you would like to see any of the above properties, please email me

Tuesday, February 20, 2018

Mid Week Update 2/17/2018-2/20/2018

I wanted to provide a mid week update for South Riding. There are currently 10 homes for sale0 homes new to the market 3 homes which went under contract; 1 traditional sale town homes and 2 traditional sale detached homes. 0 homes were reported solds. There are 1 homes coming soon.  I will provide a more details in next week's Weekly Update.

Friday, February 16, 2018

Weekly Update Update 2/10/2018 - 2/16/2018


                                 INTRODUCTION

                                                                                                        





As of today, there are 12 active listings in MLS,   1 homes coming soon and 26 homes which went under contract in the past 30 days. This gives us a current absorption rate of .5 higher than last week's .3.  The number of distressed sales out of the total actives and the breakdown is as follows:



Disclosed Potential Short Sale Condos: 0

Disclosed Potential Short Sale Town Homes:  0

Disclosed Potential Short Sale Detached Homes: 0

Total Potential Short Sale: 0

Percent of Short Sales: 0%


Bank Owned Condos: 0


Bank Owned Town Homes: 0

Bank Owned Detached Homes:  0

Total Bank Owned: 0

Percent of Bank Owned: 0%


Foreclosed Condos:  0
Foreclosed Town Homes:  0
Foreclosed Detached Homes: 0


Total Foreclosed: 0

Percent of Foreclosed: 0%


Total Distressed Sales: 0

Percent of Total Distressed Sales: 0%





Contact me if you would like additional information on any of these South Riding Homes for Sale















NEW LISTINGS





According to MLS there are 7 homes new to mls for the week of 2/10/2018 – 2/16/2018, 2 more than last week:



Condos:




25365 SHIPLEY TER, LP: $355,000 DOMM/DOMP 1/1



Town Homes:

25444 BRICKELL DR, LP: $399,900 DOMM/DOMP 1/1

25372 ASHBURY DR, LP: $409,000 DOMM/DOMP 1/1

25408 HERRING CREEK DR, LP: $419,900 DOMM/DOMP 1/1

26065 NIMBLETON SQ, LP: $479,000 DOMM/DOMP 2/2







Detached & Semi Detached Homes:

43054 BARONS ST, LP: $529,990 DOMM/DOMP 1/1

25323 JUSTICE DR, LP: $684,900 DOMM/DOMP 2/2




Contactme if you would like additional information on any of these South Riding Homes for Sale









UNDER CONTRACT







According to MLS, there were 6 homes which went under contract during this period, 3 less the previous week:





Condos:

42908 MCCOMAS TER, Status: CNTG/NO KO    LP: $365,000 DOMM/DOMP 7/7



Town Homes:

42950 BEACHALL ST,, Status: CNTG/ KO          LP: $435,000 DOMM/DOMP 2/2

25488 CROSSFIELD D, Status: CNTG/NO KO    LP: $460,000 DOMM/DOMP 4/4

42917 OLANDER SQ, Status: CNTG/NO KO    LP: $475,000 DOMM/DOMP 3/3





Detached & Semi Detached Homes:

25624 CREEK RUN TER, Status: CNTG/NO KO    LP: $539,900 DOMM/DOMP 86/86

25977 DONOVAN DR, Status: CNTG/NO KO    LP: $624,900 DOMM/DOMP 0/0









  
This is the same amount of distressed sales going to under contract status this past than in the previous week. The average days on the market for the 6 homes is 19 days or about .6 months. This is higher than the current absorption rate for South Riding .4 mentioned in the introduction.








SOLD







 According to MLS there were 1 homes sold and went to record for the week of 2/10/2018 – 2/16/2018.  Sometimes closings get delayed or the listing agent forgets to update the status in a timely matter.



Condos:

Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP







Town Homes:
Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DO




42886 GOLF VIEW DR $409,950, $412,000 - $6,000 = $406,000 99%, 1/1




Detached & Semi Detached Homes:

Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP







Average Net %:  99%

Average DOMM / DOMP: 1/1













SUMMARY









The current inventory level for South Riding increased to 12 active listings. With 7 new listings and 6 homes which went under contract last week last week. 1 homes sold and went to record with average days on the market of 1 and average net sales price of 99%. Looking back over the past 5 weeks which had sold homes the average net to list price has been 99%, 99.2%, 95.9%, 99.2%,& 98.4% for an average of 98.3%.







Disclaimer: Information is deemed reliable but not guaranteed. MLS data was used which means For Sale By Owner information may have not been included. All homes entered as comps (e.g. new construction) were removed as well. MLS data is subject to human errors such as agents entering wrong values. This is not an appraisal but purely for informative purposes only. If you spot an error, please email me

Rentals February 16, 2018

Rentals February 16, 2018













If you would like to see any of the above properties, please email me