Stone Ridge Market Update

As of today (July 20) there are 11 active listings in Stone Ridge: 7 for sale and 4 rentals. 18 homes are currently under contract.
Here's the breakdown of all active listings in MLS

ACTIVE
Townhomes- 8
2 new townhomes, 2 for sale by owner, 4 rentals

Single Family Homes- 3
1 for sale by owner, 2 short sales

For Sale:
Townhomes:
25123 Hummocky Ter 2br/1ba
List Price: $329,160

25133 Hummocky Ter 3br/2ba
List Price: $269,990

41972 Beryl Ter 3br/4ba
List Price: $380,000

Single Family Homes:
24851 Serpentine PL 4br/4ba
List Price: $510,000

24770 Prairie Grass DR 4br/4ba
List Price: $475,000

24950 Big Belt CT 6br/5ba
List Price: $590,000

RENTALS
Townhomes:
41911 Cinnabar SQ 3br/4ba
Rental Price: $2,000

24689 Clock Tower SQ 3br/4ba
Rental Price: $389,876

24649 Kings Canyon SQ 3br/3ba
Rental Price: $1,995

41972 Beryl Ter 3br/4ba
Rental Price: $2,200

24716 Clock Tower SQ 3br/4ba
Rental price: $2,000

Under Contract:
According to MLS, there are 11 townhomes and 7 single family homes under contract.
Single Family Homes
25125 Pennywort Ter 3br/4ba

24741 Carbonate Ter 3br/3ba

41900 Cinnabar Sq 3br/4ba

24780 Carbonate Ter 4br/4ba

24679 Buttonbush Ter 3br/3ba

24704 Kings Canyon Sq 3br/4ba

24710 Kings Canyon Sq 3br/4ba

42069 Fremont Preserve Sq 3br/4ba

41938 Cinnabar Sq 3br/4ba

41919 Cinnabar Sq 3br/4ba

24671 Clock Tower Sq 3br/4ba
I will have the final numbers for these once they close

SOLD
According to the MLS, 6 homes have sold in the last 30 days.
Townhomes:
24719 Kings Canyon Sq (3 ½ months on market) 3bd/4ba/2 car garage Short Sale
List Price: $306,000/ Sales Price: $310,00/ Seller Subsidy: $7,000

24622 Nettle Mill Sq (2 months, 6 days on market) 3br/4ba/2 car garage Regular Sale
List Price: $380,000/ Sales Price: $370,000/ Seller Subsidy: $0

24667 Kings Canyon Sq (8 days on market) 3br/3ba/2 car garage Foreclosure
List Price: $306,185/ Sales Price: $330,000/ Seller Subsidy: $0

24757 Carbonate Ter (26 days on market) 4bd/4ba/2 car garage Foreclosure
List Price: $365,000/ Sales Price: $372,000/ Seller Subsidy: $0

Single Family Homes:
25053 Owl Creek Dr (2 ½ months on market) 4br/5ba/2 car garage Short Sale

List Price: $399,900/ Sales Price: $380,000/ Seller Subsidy: $0
24787 Wind Driver Dr (6 days on market) 4br/4ba/2 car garage Regular Sale
List Price: $519,900 / Sales Price: $519,450/ Seller Subsidy: $16,500

Sold more than 30 days ago (Since May 2009)
According to the MLS, 6 townhomes and 2 single family homes have sold in the past 60 days.
Townhomes: 41846 Cinnabar SQ (2 months, 7 days on market) 4br/4ba/2 car garage Short Sale
List Price: $375,000/ Sales Price: $355,000/ Seller Subsidy: $0
24632 Nettle Mill SQ (2 months on market) 3bd/4ba/2 car garage Short Sale

List Price: $325,000/ Sales Price: $330,000/ Seller Subsidy: $9,000
41904 Cinnabar SQ (10 days on market) 3br/4ba/2 car garage Short Sale

List Price: $350,000/ Sales Price: $340,000/ Seller Subsidy: $11,500
25145 Sodalite SQ (1 day on market) 3br/4ba/2 car garage Foreclosure
List price: $313,900/ Sales Price: $351,000/ Seller Subsidy: $10,000
41990 Blue Flag Ter #49 (1 month on Market) 3br/3ba/1 car garage Regular Sale

List Price: $249,500/ Sales Price: $257,000/ Seller Subsidy: $4,000
25123 Hummocky Ter (new home) 3br/4ba/2 car garage Regular Sale

List Price: $398,648/ Sales Price: $398,648/ Seller Subsidy: $13,924
Single Family Homes:
42127 Pepperbrush PL (29 days on market) 4br/3ba/2 car garage Foreclosure

List Price: $464,900/ Sales Price: $450,000/ Seller Subsidy: $0
41773 Cordgrass Cir (2 months, 22 days on market) 5br/5ba/3 car garage Regualr Sale

List Price: $599,990/ Sales Price: $590,000/ Seller Subsidy: $0
EXPIRED or WITHDRAWN

There have been 10 withdrawn and 1 expired listings in the past 60 days.

20105

These stats are for all real estate in the 20105 zip code for the month of June 2009

20105 Townhomes Sold for 2008 vs.2009

20105 Single Family Homes Sold for 2008 vs.2009

OBSERVATIONS:

WOW! Inventory is LOW! We just put a home on the market in our neighborhood and it went under contract in two days. We believe this is the best time to sell that our neighborhood has had in the last two years. Buyers are still getting good deals because values have come down and the sellers are getting a bit more money than they would have a few months ago, I would call that a WiN-WIN.
If you are thinking about buying within the next 3 months. Contact us If you need any help finding a rental or listing your home or 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. If you are thinking of selling, we would be happy to give you a free market analysis to see what your home would sell for and figure out a plan to get you to where you want to go next. Sarah is a proud home owner in Stone Ridge and is PROUD to sell homes in our great community


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