Nate & The 12:45 Team Did It Again
Call Nate: 571-494-1245

Email Nate - NateJohnson@1245team.com
Nate Johnson is a licensed Realtor serving VA, MD & DC

Thursday, October 30, 2008

Fairfax Ridge Condo Weekly Update 10/26/08-11/01/08

INTRODUCTION

As of today (October 30, 2008 12 PM), there are 21 active listings in MLS and 3 condos that are currently under contract and 2 that have sold in the last 30 days.

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

12 - 1 bedroom units (5 short sales, 3 bank owned, 4 regular sales)
9 -2 bedroom units (3 short sales, 6 regular sales)


NEW LISTINGS

According to MLS, there was 2 new listing this week.


UNDER CONTRACT

According to MLS, there are 3 condos under contract (-1), 2 of these are bank owned properties and 1 is a short sale.

3851 ARISTOTLE CT #1-214, FAIRFAX, VA 22030 - 165 Days On The Market (DOMP) (1 bedroom)

11371 ARISTOTLE DR #9-213, FAIRFAX, VA 22030 - 61 (DOMP)
(2 bedroom)

11345 ARISTOTLE DR #6-311, FAIRFAX, VA 22030 - 15 (DOMP)
(2 bedroom)

I will have the final numbers for these once they close


SOLD

According to MLS, 2 condos sold in the last 30 days (+1). These were bank owned condos.

3 level, 2 bedroom, 2 bathroom -
11359 ARISTOTLE DR #8-214, FAIRFAX, VA 22030 - 26 (DOMP)

List Price - 244,900
Close Price - 260,000
Seller Subsidy - 0

2 level, 2 bedroom, 2 bathroom -
11397 ARISTOTLE DR #11-105, FAIRFAX, VA 22030 - 36 (DOMP)

List Price - 267,800
Close Price - 240,000
Seller Subsidy - 7,590


Fairfax Ridge Condos Sold for 2007 vs. 2008



Fairfax Condos Sold for 2007 vs. 2008





EXPIRED or WITHDRAWN

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


RENTALS

There are currently 7 condos for rent (+1)

3 condos 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.


OBSERVATIONS

Check back Friday for this ....






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