Nate & The 12:45 Team Did It Again
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Nate Johnson is a licensed Realtor serving VA, MD & DC

Wednesday, October 8, 2008

Fairfax Ridge Condo Owners

Ok now lets look at the data this year for the current state of the market for you owners of the Fairfax Ridge Condos.


There are currently 19 active condos on the market

In the last 30 days there are 4 condos that have sold or are under contract.

These numbers are telling us that condos in this development are sitting on the market for 3-4 months.

Now it does look like more 1bedroom and 2 bedroom condo units are selling better than the 3 bedroom units. But lets keep in mind you have to have this unit priced right for it to sell or else it will sit on the market just like the 7 current ones that have been on the market over 100 days !

It looks like there are currently 4 short sales and 1 bank owned property here. I am going to get more information on these and post it to my blog asap.

If you would like for us to get you information about your condo and what it can sell for and compare that with what is selling in the Fairfax Ridge Development and other Fairfax area condos, please Email us. There is no obligation and we would love to get you this free information.

Check back next week for more information and 2007 sales compared to 2008