MyFairfaxRidgeCondo.comINTRODUCTIONWell I must say this.... GATOR NATION ! lol ok I was born in Jacksonville and we are family friends with the Tebows. I know lot of people are pissed because their team should of been in that game but ahhh well I gota celebrate the GATORS !
I would like to share a quote from Tebow. "It doesn't matter how many touchdowns your score, it doesn't matter how many championships you win. What are you doing today that is going to last forever. "
And back to our report. We had two bank owned condos sell this past week. The numbers are below.
As of today (January 9, 2009 10 AM), there are
16 active listings (-1) in the MLS and 4 Condos (-1) are currently under contract and 2 Condos have sold in the last 30 days.
Here’s the breakdown of all active listings in MLS:
8 - 1 bedroom units ( 4 short sales, 2 bank owned, 2 regular sales)
7 -2 bedroom units (5 short sales, 1 regular sales, 1 bank owned)
1 - 3 bedroom unit
NEW LISTINGSAccording to MLS, there was no new listing this week.
UNDER CONTRACTAccording to MLS, there are 4 condos under contract , 2 bank owned and 1 short sale.
11305 Aristotle Dr #2-204 - 79 (DOMP) 1bd/1ba
3851 Aristotle Ct #1-418 - 102 (DOMP) 1bd/1ba
11321 Aristotle Dr #3-301 - 70 (DOMP) 2bd/2ba
11371 Aristotle Dr #9-113 - 19 (DOMP) 2bd/2ba
I will have the final numbers for these once they close
SOLDAccording to MLS, 2 condos sold in the last 30 days .
11347 Aristotle Dr #6-106 - 190 (DOMP) 2bd/2ba (Bank Owned)
Asking Price - $239,000
Sales Price - $227,000
Seller Subsidy - $0
11339 Aristotle Dr #6-215 - 66 (DOMP) 2bd/2ba (Bank Owned)
Asking Price - $279,900
Sales Price - $250,000
Seller Subsidy - $0
These sold more than 30 days ago --11345 ARISTOTLE DR #6-311 - 15 (DOMP) (2 bd/1ba) Bank Owned
List Price - $219,900 / Sales Price - $225,000 / Seller Subsidy - 0
-11353 ARISTOTLE DR #106 - 5 Days on the Market (DOMP) (2bedroom)
(This one had multiple offers and went above asking price) Bank Owned
List Price- $234,000 / Sold Price -$250,000 / Seller Subsidy - $0
-11335 Aristotle Dr #5-215 - 117 (DOMP) 3 level, 2 bedroom, 2 bathroom
List Price - 329,900 / Sold Price - 250,000 / Seller Subsidy - 0
-11371 ARISTOTLE DR #9-213, FAIRFAX, VA 22030 - 61 (DOMP) 1 level, 2 bedroom, 2 bathroom -
List Price - 239,000 / Close Price - 239,000 / Seller Subsidy - 6,000
-11359 ARISTOTLE DR #8-214, FAIRFAX, VA 22030 - 26 (DOMP) 3 level, 2 bedroom, 2 bathroom
List Price - 244,900 / Close Price - 260,000 / Seller Subsidy - 0
-11397 ARISTOTLE DR #11-105, FAIRFAX, VA 22030 - 36 (DOMP) 2 level, 2 bedroom, 2 bathroom
List Price - 267,800 / Close Price - 240,000 / Seller Subsidy - 7,590
22033 | 2008 | 2007 | % Change |
| Total Sold $ Volume | $11,624,023 | $19,439,225 | -40.2% |
| Avg. Sold Price | $387,467 | $431,983 | -10.3% |
| Median Sold Price | $362,500 | $420,000 | -13.7% |
| Total Units Sold | 30 | 45 | -33.3% |
| Avg. Days on Market | 70 | 69 | -1.4% |
| Avg. List Price for Solds: | $407,368 | $466,933 | -12.8% |
These stats are for all real estate in the 22033 zip code for the Month of November | Avg. Sale Price as a percentage of Avg. List Price: | 95.11% | 92.51% |
Fairfax Ridge Condos Sold for 2007 vs. 2008
Fairfax Condos Sold for 2007 vs. 2008
EXPIRED or WITHDRAWN There have been 4 listings that have been taken off the market in the last 30 days.
RENTALS There are currently 10 condos for rent
1bedroom units - 3 available
2bedroom units - 6 available
3bedroom units - 1 available
6 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. We are also a fully licensed property management group. Ask us more about this and how this benefits you !
OBSERVATIONSWell bank owned condos are dominating most of the movement right now. 2 bank owned 2bedroom units sold this past week and there are currently 2 bank owned 1bedroom units under contract.
If you are looking to buy into this community and find one of these bank owned condos, you better act quick. These are priced to sell and thats what they are doing.
If you are thinking about selling your condo and want to see what a realistic price would be to get your condo sold. Contact us. You might vary well be better off renting it for 2 years.
Hopefully I will have some video footage up of Fairfax Ridge by next week. That way people that are interested in buying here will get a better sense of what it would be like to live here.
We would be honored to work with you !
Shoot us an email
Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.
