Relevant Real Estate Information for the Fairfax Ridge Condo Community
INTRODUCTION
Still alot of short sales happening here at Fairfax Ridge. We have a few numbers to report below for the community. 4 sales in the last month. Alot of these 16 condos under contract will take some time. We probably wont have numbers for most of them until the end of August.
We have great news for first time home buyers.
First program is for first time home buyers, who make less than $52k. This program is a $10,000 grant, that does not have to be repaid and to be used to your home purchase. You can still qualify for your $8,000 tax credit when you file your taxes next year.
Second program is for those that make more than $52k. You can use your $8,000 tax credit now as a down payment. This means very little money for you to buy a home.
As of today (June 19, 2009 11 AM), there are 2 active listings in the MLS and 16 Condos are currently under contract and 4 Condos have sold in the last 30 days.
Here’s the breakdown of all active listings in MLS:
1 - 1 bedroom units ( 1 short sales )
0 -2 bedroom units (1 short sales)
1 - 3 bedroom unit (1 Regular sale)
NEW LISTINGS
According to MLS, there was 1 new listing this week.
UNDER CONTRACT
According to MLS, there are 15 condos under contract , 3 bank owned and 12 short sale.
11350 Aristotle Dr #7-104 - 14 (DOMP) 1bd/1ba
11352 Aristotle Dr #7-106 - 45(DOMP) 1bd/1ba
11326 Aristotle Dr #4-304 - 144(DOMP) 1bd/1ba
3851 Aristotle Ct #1-305 - 182 (DOMP) 1bd/1ba
11351 Aristotle Dr #8-402 - 5 (DOMP) 1bd/1ba
11320 Aristotle Dr #4-308 -24 (DOMP) 1bd/1ba
11321 Aristotle Dr #3-302 -4 (DOMP) 1bd/1ba
11352 Aristotle Dr #7-408 - 6 (DOMP) 1bd/1ba
11329 Aristotle Dr #5-211 -256 (DOMP)2bd/1ba
11329 Aristotle Dr #5-213 - 12 (DOMP) 2bd/2ba
11317 Aristotle Dr #3-313 -26 (DOMP) 2bd/2ba
11350 Aristotle Dr #7-301 - 36 (DOMP) 2bd/2ba
11373 Aristotle Dr #9-309 -73 (DOMP) 3bd/2ba
11345 Aristotle Dr #6-410 - 26 (DOMP) 2bd/2ba
11395 Aristotle Dr #11-311 - 501 (DOMP) 2bd/2ba
I will have the final numbers for these once they close
SOLD
According to MLS, 4 condos sold in the last 30 days .
11347 Aristotle Dr #6-307 -14 (DOMP) 2bd/2ba Short Sale
Asking Price-$230,000
Sales Price-$232,000
Seller Subsidy-$6000
11350 Aristotle Dr #7-101 - 17 (DOMP) 2bd/2ba - Bank Owned
Asking Price - $229,900
Sales Price - $223,000
Seller Subsidy - 0
11350 Aristotle Dr #7-202 - 227 (DOMP) 1bd/1ba - Short Sale
Asking Price - $170,000
Sales Price - $160,000
Seller Subsidy - $4,717
11395 ARISTOTLE DR #11-408 - 112(DOMP) 1bd/1ba -Short Sale
Asking Price - $179,900
Sales Price - $165,900
Seller Subsidy - $4,977
Click below for all Fairfax Ridge Condo sales for 2009
Sales More Than 30 Days ago
22033
These stats are for all real estate in the 22033 zip code for the Month of May
Fairfax Ridge Condos Sold for 2007 vs. 2008
Fairfax Condos Sold for 2007 vs. 2008
EXPIRED or WITHDRAWN There have been 1 listings that have been taken off the market in the last 30 days.
RENTALS
There are currently 9 condos for rent
1bedroom units - 7 available
2bedroom units - 2 available
3bedroom units - 0 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 !
OBSERVATIONS
If you are thinking about buying in the next 3 months we would be honored to work with you ! Shoot us an email
Keep checking back each Friday for your updated market report for Fairfax Ridge
Disclaimer: Information was gathered from the MLS and is deemed reliable but not guaranteed.
