Weekly Update 12/24/1/11 - 12/30/11

INTRODUCTION

As of today, there are 48 active listings in MLS and 22 homes which went under contract in the past 30 days. This gives us a current absorption rate of 2.2 which is higher than last week's rate of 2.0. The number of distressed sales out of the total actives and the breakdown is as follows:

Disclosed Potential Short Sale Condos: 1
Disclosed Potential Short Sale Town Homes: 3
Disclosed Potential Short Sale Detached Homes: 3
Disclosed Potential Short Sales: 7
Percent of Short Sales: 14.6%

Bank Owned Condos: 0
Bank Owned Town Homes: 4
Bank Owned Detached Homes: 3
Total Bank Owned: 7
Percent of Bank Owned: 14.6%

Total Distressed Sales: 14
Percent of Total Distressed Sales: 29.2%

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

NEW LISTINGS

According to MLS there was  no homes new to mls for the week of 12/24/1/11 - 12/30/11. This is 5 less than last week.


 
 

UNDER CONTRACT According to MLS, there was 1 home which went under contract during this period, 2 less than the previous week. Town Homes: 25342 ASHBURY DR, Status: CNTG/NO KO  List Price: $249,999 DOMM/DOMP: 4/4 (short sale) This is is 1 more distressed sales going to under contract status this past than in the previous week. The days on the market for the home is 4 days or about .1 months. This is under the current absorption rate for South Riding 2.2 mentioned in the introduction. SOLD Acording to MLS there were 2 homes sold and went to record for the week of 12/24/1/11 - 12/30/11. Sometimes closings get delayed or the listing agent forgets to update the status in a timely matter. Town Homes: Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP 25005 RIDING CENTER DR, $298,900, $295,000 - $7,150 = $287,850, 96.3%, 17/140 (bank owned) Detached Homes: Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP 25226 CROSSFIELD DR, $514,900, $500,000 - $2,000= $498,000, 96.7% 42/42 (short sale) Average Net %: 96.5% Average DOMM / DOMP: 30/91 SUMMARY The current inventory level for South Riding remained at 48 active listings. With no new listing and 1 homes which went under contract last week last week with average days on the market of 4.  2 homes sold and went to record with an average days on the market of 91 and average net to list price percent of 96.5%. Looking back over the past 5 weeks which had sold homes the average net to list price has been 96.5%, 101.3%, 95.8%, 98.7%, and 97.2%  for an average of 97.9%. 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 December 30, 2011

Rentals December 30, 2011

Chantilly VA Zipcode 20152 (Loudoun County)

Chantilly VA Zipcode 20151 (Fairfax County)

If you would like to see any of the above properties, give me a call at 703-623-7626 or email me

Mid Week Update 12/24/2011-12/28/2011

I wanted to provide a mid week update for South Riding. There are currently 47 active listings. No active listings new this week.  1 home received a contract, a short sale town home.  1 home sold, a short sale detached home.  I will provide a more details in next week's Weekly Update.








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.

Weekly Update 12/17/1/11 - 12/23/11

INTRODUCTION

As of today, there are 48 active listings in MLS and 24 homes which went under contract in the past 30 days. This gives us a current absorption rate of 2.0, which is higher than last week's rate of 1.9. The number of distressed sales out of the total actives and the breakdown is as follows:

Disclosed Potential Short Sale Condos: 1
Disclosed Potential Short Sale Town Homes: 4
Disclosed Potential Short Sale Detached Homes: 3
Disclosed Potential Short Sales: 8
Percent of Short Sales: 16.7%

Bank Owned Condos: 0
Bank Owned Town Homes: 3
Bank Owned Detached Homes: 3
Total Bank Owned: 6
Percent of Bank Owned: 12.5%

Total Distressed Sales: 14
Percent of Total Distressed Sales: 29.2%

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

NEW LISTINGS

According to MLS there was 5 homes new to mls for the week of 12/17/1/11 - 12/23/11. This is the same amount of than last week.


Town Homes:

42772 LONGWORTH TER, LP: $249,900 DOMM/DOMP: 4/4 (short sale)

25342 ASHBURY DR, LP: $249,999 DOMM/DOMP: 0/0 (short sale) Detached Homes: 26219 OCALA CIR, LP: $424,900 DOMM/DOMP: 0/0 (bank owned) 26098 SARAZEN DR, LP: $4399000 DOMM/DOMP: 2/2 43200 GOLF VIEW DR, LP: $550,000 DOMM/DOMP: 4/4   UNDER CONTRACT According to MLS, there was 1 home which went under contract during this period, 2 less than the previous week. Condos: 42814 LONGWORTH TER #36E, Status: CONTRACT List Price: $289,900 DOMM/DOMP: 76/148 This is is the 2 less distressed sales going to under contract status this past than in the previous week. The days on the market for the  home is 148 days or about 4.9 months. This is overthe current absorption rate for South Riding 2.0 mentioned in the introduction. SOLD Acording to MLS there were 2 homes sold and went to record for the week of 12/17/1/11 - 12/23/11. Sometimes closings get delayed or the listing agent forgets to update the status in a timely matter. Town Homes: Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP 25326 MCINTYRE SQ, $325,000, $340,000 - $0 = $340,000, 104.6%, 13/13 (short sale) Detached Homes: Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP 43384 BURKE DALE ST, $449,900, $449,900 - $8,998 = $440,912, 98% 45/45 (short sale) Average Net %: 101.3% Average DOMM / DOMP: 29/29 SUMMARY The current inventory level for South Riding increased to 48 active listings. With 5 new listing and 1 homes which went under contract last week last week with average days on the market of 148.   2 homes sold and went to record with an average days on the market of 29 and average net to list price percent of 101.3%. Looking back over the past 5 weeks which had sold homes the average net to list price has been 101.3%, 95.8%, 98.7%, 97.2%, and  97.7 for an average of 98.1%. 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 December 23, 2011

Chantilly VA Zipcode 20152 (Loudoun County)

Chantilly VA Zipcode 20151 (Fairfax County)

If you would like to see any of the above properties, give me a call at 703-623-7626 or email me

Mid Week Update 12/17/2011-12/21/2011

I wanted to provide a mid week update for South Riding. There are currently 45 active listings. 2 active listings new this week; a short sale town home and a traditional sale detached home.  No homes received a contract.  No homes sold. I will provide a more details in next week's Weekly Update.








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.

Weekly Update 12/10/1/11 - 12/16/11

INTRODUCTION

As of today, there are 47 active listings in MLS and 25 homes which went under contract in the past 30 days. This gives us a current absorption rate of 1.9, which is lower than last week's rate of 2.3. The number of distressed sales out of the total actives and the breakdown is as follows:

Disclosed Potential Short Sale Condos: 1
Disclosed Potential Short Sale Town Homes: 3
Disclosed Potential Short Sale Detached Homes: 3
Disclosed Potential Short Sales: 7
Percent of Short Sales: 14.9%

Bank Owned Condos: 0
Bank Owned Town Homes: 3
Bank Owned Detached Homes: 2
Total Bank Owned: 5
Percent of Bank Owned: 10.6%

Total Distressed Sales: 12
Percent of Total Distressed Sales: 25.5%

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

NEW LISTINGS

According to MLS there was 5 homes new to mls for the week of 12/10/1/11 - 12/16/11. This is 5 more than last week.
Town Homes:

43461 JUBILEE ST, LP: $300,000 DOMM/DOMP: 2/2 (short sale)

43187 KATAMA SQ, LP: $329,900 DOMM/DOMP: 1/1 43525 LAIDLOW ST, LP: $365,990 DOMM/DOMP: 5/5 25238 WHIPPOORWILL TER, LP: $369,000 DOMM/DOMP: 1/1(short sale) 42692 SANDMAN TER, LP: $388,500 DOMM/DOMP: 2/2   UNDER CONTRACT According to MLS, there were 3 homes which went under contract during this period, 4 less than the previous week. Town Homes: 26077 NIMBLETON SQ, Status: CNTG/NO KO List Price: $330,000 DOMM/DOMP: 0/0(short sale) 43534 GABRIEL SQ, Status: CNTG/NO KO LP: $335,900 DOMM/DOMP: 3/3 Detached Homes: 25606 CREEK RUN TER, Status: CNTG/NO KO LP: $625,000 DOMM/DOMP:  11/11 (short sale) This is is the 1 less distressed sales going to under contract status this past than in the previous week. The days on the market for the 7 homes is 5 days or about .2 months. This is under the current absorption rate for South Riding 1.9 mentioned in the introduction. SOLD Acording to MLS there were 4 homes sold and went to record for the week of 12/10/1/11 - 12/16/11. Sometimes closings get delayed or the listing agent forgets to update the status in a timely matter. Town Homes: Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP 25308 MCINTYRE SQ, $429,000, $380,000 - $11,400 = $368,600, 85.9%, 18/18 (bank owned) Detached Homes: Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP 25911 SARAZEN DR, $385,000, $387,500 - $6,000 = $381,500, 99.1% 28/28 (short sale) 42469 UNICORN DR, $499,000, $500,000 - $0 = $500,000, 100.2%, 42/42 (short sale) 25760 LEONARD DR, $529,900, $525,000 - $6,000 = $519,000, 97.9%, 17/17 Average Net %: 95.8% Average DOMM / DOMP: 26/26 SUMMARY The current inventory level for South Riding increased to 47 active listings. With 5 new listing and 3 homes which went under contract last week last week with average days on the market of.   4 homes sold and went to record with an average days on the market of 26 and average net to list price percent of 95.8%. Looking back over the past 5 weeks which had sold homes the average net to list price has been 95.8%, 98.7%, 97.2%, 97.7, and 98.5%  for an average of 97%. 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.

Mid Week Update 12/10/2011-12/14/2011

I wanted to provide a mid week update for South Riding. There are currently 45 active listings. 2 active listings new this week, both traditional sale town homes. 3 homes received a contract; a short sale town home, a traditional sale town home, a short sale detached home. No homes sold. I will provide a more details in next week's Weekly Update.








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.

Weekly Update 12/3/1/11 - 12/9/11

INTRODUCTION

As of today, there are 46 active listings in MLS and 20 homes which went under contract in the past 30 days. This gives us a current absorption rate of 2.3, which is lower than last week's rate of 3.5. 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: 3
Disclosed Potential Short Sale Detached Homes: 4
Disclosed Potential Short Sales: 7
Percent of Short Sales: 15.2%

Bank Owned Condos: 0
Bank Owned Town Homes: 3
Bank Owned Detached Homes: 2
Total Bank Owned: 5
Percent of Bank Owned: 10.9%

Total Distressed Sales: 12
Percent of Total Distressed Sales: 26.1%

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

NEW LISTINGS

According to MLS there was no homes new to mls for the week of 12/3/1/11 - 12/9/11 . This is 3 less than last week.

UNDER CONTRACT According to MLS, there were 7 homes which went under contract during this period, 3 more than the previous week. Town Homes: 25258 BALD EAGLE TER,  Status: CNTG/NO KO List Price: $354,000  DOMM/DOMP: 71/71 25324 WHIPPOORWILL TER, Status: CNTG/NO KO List Price: $364,900 DOMM/DOMP: 39/39(short sale) 25934 PRIESTERS POND DR, Status: CNTG/NO KO LP: $389,900 DOMM/DOMP: 18/18 Detached Homes: 25606 CREEK RUN TER, Status: CNTG/NO KO LP: $399,900 DOMM/DOMP:  3/3 (short sale) 26129 TALAMORE DR, Status: CNTG/NO KO LP: $585,000 DOMM/DOMP: 60/171 25749 CELBRIDGE WAY, Status: CNTG/KO LP: $620,000 DOMM/DOMP: 6/37 (short sale) This is is the 1 more distressed sales going to under contract status this past than in the previous week. The days on the market for the 7 homes is 57 days or about 1.8  months. This is under the current absorption rate for South Riding 2.3 mentioned in the introduction. SOLD Acording to MLS there were no homes sold and went to record for the week of 12/3/1/11 - 12/9/11. Sometimes closings get delayed or the listing agent forgets to update the status in a timely matter.   SUMMARY The current inventory level for South Riding decreased to 48 active listings. With no new listing and  7 homes which went under contract last week last week with average days on the market of 89. No homes sold and went to record.  Looking back over the past 5 weeks which had sold homes the average net to list price has been 98.7%, 97.2%, 97.7, 98.5%, and 97.9% for an average of 98%.       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 December 9, 2011

Rentals December 9, 2011

Chantilly VA Zipcode 20152 (Loudoun County)

Chantilly VA Zipcode 20151 (Fairfax County)

If you would like to see any of the above properties, give me a call at 703-623-7626 or email me

Mid Week Update 12/3/2011-12/372011

I wanted to provide a mid week update for South Riding. There are currently 48 active listings. No active listings new this week. 4 homes received a contract; a short sale town home, a traditional sale town home, a short sale detached home and a traditional sale detached home.  No homes sold. I will provide a more details in next week's Weekly Update.








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.

Weekly Update 11/26/1/11 - 12/2/11

INTRODUCTION

As of today, there are 53 active listings in MLS and 15 homes which went under contract in the past 30 days. This gives us a current absorption rate of 3.5, which is higher than last week's rate of 3.5. 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: 3
Disclosed Potential Short Sale Detached Homes: 5
Disclosed Potential Short Sales: 8
Percent of Short Sales: 15.1%

Bank Owned Condos: 0
Bank Owned Town Homes: 2
Bank Owned Detached Homes: 2
Total Bank Owned: 4
Percent of Bank Owned: 7.5%

Total Distressed Sales: 12
Percent of Total Distressed Sales: 22.6%

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

NEW LISTINGS

According to MLS there was 3 homes new to mls for the week of 11/26/1/11 - 12/2/11. This is one less than last week.

Town Homes:
43186 KATAMA SQ, List Price: $299,900 DOMM/DOMP:   5/5 (short sale)

25118 NEPTUNE TER, List Price: $349,900 DOMM/DOMP: 1/1

Detached Homes: 25202 JUSTICE DR, List Price: $490,000 DOMM/DOMP: 6/6  (bank owned)

UNDER CONTRACT According to MLS, there were  4 homes which went under contract during this period, 1 less than the previous week. Condos: 42767 HOLLINGSWORTH TER #5D, Status: CNTG/KO List Price: $259,000 DOMM/DOMP: 55/55 (bank owned) Town Homes: 25146 DRILLFIELD TER, Status: CNTG/NO KO List Price: $279,900 DOMM/DOMP: 29/29  25257 NESTING SQ, Status: CNTG/NO KO List Price: $360,000 DOMM/DOMP: 45/193 (bank owned)  Detached Homes: 26120 TALAMORE DR, Status: CNTG/KO LP: $639,000 DOMM/DOMP: 78/78 This is is the 1 less distressed sales going to under contract status this past than in the previous week. The days on the market for the 4 homes is 89 days or about 3.0 months. This is under the current absorption rate for South Riding 3.5 mentioned in the introduction. SOLD Acording to MLS there were 4 homes sold and went to record for the week of 11/26/1/11 - 12/2/11. 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 42899 PAMPLIN TER, $279,900, $300,000 - $4,500 = $295,500, 105.6%, 20/20 (short sale) Town Homes: Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP 43549 MINK MEADOWS ST, $349,000, $349,000 - $90 = $349,000, 100%, 76/76  25814 TURLOUGH TER, $365,000, $355,000 - $0 = $355,000, 97.3%, 85/85 Detached Homes: Address, List Price, Sold Price - Seller Subsidy = Net Sold Price, % of asking price, DOMM/DOMP 25938 SARAZEN DR, $415,000, $405,000 - $10 = $405,000, 97.6%,   58/58 Average Net %: 98.7% Average DOMM / DOMP: 60/60 SUMMARY The current inventory level for South Riding decreased to 53 active listings. With 3 new listing and 4 homes which went under contract last week last week with average days on the market of 89. 4 homes sold and went to record with an average days on the market of 60 and average net price of 98.7%. Looking back over the past 5 weeks which had sold homes the average net to list price has been 98.7%, 97.2%, 97.7, 98.5%, and 97.9% for an average of 98%.        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.