STONE RIDGE HOMES SALES WEEKLY REPORT 8/12/09-8/21/09

STONE RIDGE HOMES SALES WEEKLY REPORT 8/12/09-8/21/09


Relevant Real Estate Information for the Stone Ridge Community.

INTRODUCTION

We had 4 homes come onto the market and 2 new rental listings come onto the market this week. Additionally, we had 3 homes go under contract and 3 home rented this week.

As of today (August 21, 2009 9am) there are 11 active homes in Stone Ridge, 19 homes that are currently under contract, and 3 homes that have sold in the last 30 days.

Here's the breakdown of all active listings in MLS:

Townhomes- 6 active

1 regular sale, 1 new home, 3 rentals, 1 short sale

Single Family Homes - 5 active

5 new homes

NEW LISTINGS

According to MLS, there are 2 new listings this week.

UNDER CONTRACT

According to MLS, there are 10 single family homes and 9 townhomes under contract.

Single Family Homes

Townhomes:

We will have the final numbers for these once they close!

SOLD
According to MLS, 3 homes have sold in the last 30 days .



42022 Glass Mountain Pl- 5bd/4ba (4 DOMP) Regular Sale
 Asking Price: $519,900
Sales Price: $511,000
 Seller Subsidy: $7,500

41900 Cinnabar Sq- 3bd/4ba (74 DOMP) Short Sale
Asking Price: $349,000
Sales Price: $335,000
Seller Subsidy: -$10,000



41938 Cinnabar Sq- 3bd/ 4ba (2 DOMP) Regular Sale
Asking Price - $371,000
Sales Price - $360,000
Seller Subsidy - $0





EXPIRED or WITHDRAWN
There have been 4 listings that have been taken off the market in the last 30 days.



RENTALS
There are currently 3 townhomes for rent.



If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a full licensed Property Management Group.



OBSERVATIONS
The three homes that came on the market this week IMMEDIATELY went under contract. This is another sign that the market is picking up. NOW IS THE TIME TO BUY and SELL IN STONE RIDGE! Please let us know if we can help you in any way!



Keep checking back each week for more insight to what is going on at Stone Ridge!





Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.

STONE RIDGE HOMES SALES WEEKLY REPORT 8/5/09-8/11/09

Relevant Real Estate Information for the Stone Ridge Community.

INTRODUCTION
We had 1 new for sale listing and 1 new rental listing come onto the market this week, 2 homes go under contract, 1 home sold, and 1 withdrawn listing.

As of today (August 11, 2009 1pm) there are 9 active homes in Stone Ridge, 15 homes that are currently under contract, and 6 homes that have sold in the last 30 days. Here's the breakdown of all active listings in MLS: Townhomes- 7 active 1 regular sale, 1 new home, 4 rentals, 1 short sale Single Family Homes - 2 active 1 rental, 1 short saleNEW LISTINGS According to MLS, there are 3 new listings this week.UNDER CONTRACT According to MLS, there are 9 single family homes and 6 townhomes under contract.

Single Family Homes

Townhomes

I will have the final numbers for these once they close


SOLD We had 1 home sell this week!

42022 Glass Mountain Pl- 5bd/4ba (4 DOMP) Regular Sale

Asking Price: $519,900

Sales Price: $511,000

Seller Subsidy: $7,500

According to MLS, 6 homes have sold in the last 30 days .

41900 Cinnabar Sq- 3bd/4ba (74 DOMP) ShortSale

Asking Price: $349,000

Sales Price: $335,000 Seller Subsidy: -$10,000

24679 Buttonbush Ter -3bd/3ba (16 DOMP) Short Sale

Asking Price - $250,000

Sales Price - $256,000

Seller Subsidy - $6,000

24757 Carbonate Ter - 4bd/4ba (7 DOMP) Foreclosure

Asking Price - $365,000 Sales Price - $372,000

Seller Subsidy - $0

24704 Kings Canyon Sq - 3bd/4ba (3 DOMP)

Regular Sale Asking Price - $339,990

Sales Price - $355,000

Seller Subsidy - $0

41938 Cinnabar Sq- 3bd/ 4ba (2 DOMP) Regular Sale Asking Price - $371,000

Sales Price - $360,000 Seller Subsidy - $0

EXPIRED or WITHDRAWN There has been 5 listings that have been taken off the market in the last 30 days. 1 of these was under contract last week.

RENTALS

There are currently 5 townhomes for rent.If you need any help finding a rental or listing your condo for rent, please contact us! We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a full licensed Property Management Group.

OBSERVATIONS

The market is starting to rise slightly. There is speculation that interest rates will rise and if they do then it will definitely impact home buyers. They are still at historic lows even if they increase to around 6%. As you can see the “regular” (not foreclosure or short sale) sales in the neighborhood are selling rather quickly. The homes that show well and are priced well are getting close to list price and in some instances the prices have gone above the list price. It is a price war and a beauty contest out there right now, but if you get those two things right you will definitely win J.

The market right now is the best real estate market for sellers that we have had in the past two years. Homes are selling in a weekend and prices have slightly increased. As a proud owner in the neighborhood, I definitely would like to see this continue.
It is also a GREAT time for buyers. There are a significant amount of first time home buyers in the market right now due to the first time home buyer credit of $8,000. The deadline is the end of November for the credit. If you are interested in selling or buying in the community please call us at 703-297-4251 or email sarah@rtrsells.com. If you would like a free market analysis we would be happy to send you one, there is absolutely NO obligation. We can also set buyers up to receive listings automatically so you will be the FIRST to know when something comes on the market in the community. Keep checking back each week for more insight to what is going on at Stone Ridge!

Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.

Weekly Report 7/28/2009-8/4/2009

STONE RIDGE HOMES SALES WEEKLY REPORT 7/28/09-8/4/09
Relevant Real Estate Information for the Stone Ridge Community.

INTRODUCTION

We had 1 new rental listing come onto the market, 1 home previously under contract come back onto the market, 2 homes go under contract, and 1 home that sold this week.

Contact me

As of today (August 4, 2009 2pm) there are 17 active homes in Stone Ridge, 15 homes that are currently under contract, and 8 homes that have sold in the last 30 days.

Here's the breakdown of all active listings in MLS:

Townhomes- 10 active

2 regular sales, 2 new home, 6 rentals

Single Family Homes - 7 active 1 regular sale, 5 new homes, 1 short sale

NEW LISTINGS

According to MLS, there is 1 new rental listing this week.

UNDER CONTRACT

According to MLS, there are 9 single family homes and 6 townhomes under contract.

Single Family Homes

TOWN HOMES

I will have the final numbers for these once they close

SOLD

We had 1 home sell this week!
41900 Cinnabar Sq- 3bd/4ba (74 DOMP)

Asking Price: $349,000

Sales Price: $335,000

Seller Subsidy: $10,000

According to MLS, 8 homes have sold in the last 30 days .

24719 Kings Canyon Sq – 3bd/4ba (83 DOMP) Short Sale

Asking Price - $306,000

Sales Price - $310,000

Seller Subsidy - $7,000

24622 Nettle Mill Sq - 3bd/4ba (55 DOMP)

Regular Sale Asking Price -$380,00

Sales Price - $370,000

Seller Subsidy - $0

24679 Buttonbush Ter -3bd/3ba (16 DOMP) Short Sale

Asking Price - $250,000

Sales Price - $256,000

Seller Subsidy - $6,000

24667 Kings Canyon Sq- 3bd/3ba (13 DOMP) Foreclosure

Asking Price - $306,185

Sales Price - $330,000

Seller Subsidy - $0

24757 Carbonate Ter - 4bd/4ba (7 DOMP) Foreclosure

Asking Price - $365,000

Sales Price - $372,000

Seller Subsidy - $0

24704 Kings Canyon Sq - 3bd/4ba (3 DOMP) Regular Sale

Asking Price - $339,990

Sales Price - $355,000 Seller Subsidy - $0

41938 Cinnabar Sq- 3bd/ 4ba (2 DOMP)

Regular Sale Asking Price - $371,000

Sales Price - $360,000

Seller Subsidy - $0

EXPIRED or WITHDRAWN

There has been 5 listings that have been taken off the market in the last 30 days.

RENTALS

There are currently 6 townhomes for rent.

3 townhomes have been rented out in the past month.

If you need any help finding a rental or listing your condo for rent, please contact us.

We will take care of all the work for you and do background checks on the applicants to make sure they are qualified. We are also a full licensed Property Management Group.

OBSERVATIONS

Inventory levels are still very low. Home that are priced well and in good condition are selling extremely fast which is great if someone definitely needs to move.
There are quite a bit of short sales in the neighborhood. A short sale is when someone owes more than what the home is worth. Many times the homeowner is late on payments, could possibly be late on payments, or has to move due to relocation. Many of the short sales have been negotiated successfully. You put the home for the current market value and then negotiate with the bank to accept a lower amount. We actually have been able to get a lot of short sales through and help many homeowners. If you are in one of these situations please give us a call at 703-297-4251 or email us at sarah@rtrsells.com We would be honored to help you!
If you are thinking about selling or buying in Stone Ridge please give us a call at 703-297-4251 or email us at sarah@rtrsells.com Thanks for taking the time to read the blog this week!
Keep checking back each week for more insight to what is going on at Stone Ridge!

Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.