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

Tuesday, September 15, 2009

Fairfax Ridge Condo Weekly Sales Report 9/05/09 - 9/15/09

MyFairfaxRidgeCondo.com

Relevant Real Estate Information for the Fairfax Ridge Condo Community

INTRODUCTION

Ok I am updating this report a couple days early this week. Things have slowed down at Fairfax Ridge. Thats a good sign because the only thing that has been selling here is short sales and bank owned properties.

Surprising stat: Only 1 regular sale at Fairfax Ridge this year.

There is only 4 condos on the market. 3 of them are short sales and 1 of them is bank owned. The bank owned should be gone anyday now. 2 bedroom.

Check out the zip code stats for 22033. 2009 is crushing 2008. Its going to end up being a Great year for home sales.!

As of today (September 15, 2009 11 AM), there are 4 active listings in the MLS and 13 Condos are currently under contract and 0 Condos have sold in the last 30 days.

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

2 - 1 bedroom units
2 - 2 bedroom units
0 - 3 bedroom unit

NEW LISTINGS

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


UNDER CONTRACT

According to MLS, there are 14 condos under contract , 3 bank owned and 11 short sale.

11350 Aristotle Dr #7-104 - 14 (DOMP) 1bd/1ba
11352 Aristotle Dr #7-106 - 45(DOMP) 1bd/1ba
3851 Aristotle Ct #1-305 - 182 (DOMP) 1bd/1ba
11321 Aristotle Dr #3-302 -4 (DOMP) 1bd/1ba
11351 Aristotle Dr #8-402 - 5 (DOMP) 1bd/1ba
11329 Aristotle Dr #5-211 -256 (DOMP)2bd/1ba
11329 Aristotle Dr #5-213 - 12 (DOMP) 2bd/2ba
11395 Aristotle Dr #11-311 - 17 (DOMP) 2bd/2ba
11317 Aristotle Dr #3-310 - 55 (DOMP) 2bd/2ba
3851 Aristotle Ct #1-203 - 8 (DOMP) 2bd/2ba
3851 Aristotle Ct #1-109 - 4 (DOMP) 2bd/2ba
11345 Aristotle Dr #6-410 - 26 (DOMP) 2bd/2ba
3851 Aristotle Ct #1-407 -0 (DOMP) 2bd/2ba
11373 Aristotle Dr #309 - 3 (DOMP) 3bd/2ba


I will have the final numbers for these once they close


SOLD

According to MLS, 0 condos sold in the last 30 days .






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 August




Fairfax Ridge Condos Sold for 2007 vs. 2008 vs 2009




Fairfax Condos Sold for 2007 vs. 2008 vs. 2009




EXPIRED or WITHDRAWN There have been 1 listings that have been taken off the market in the last 30 days.


RENTALS

There are currently 11 condos for rent

1bedroom units - 4 available
2bedroom units - 5 available
3bedroom units - 2 available

2 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 or selling 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.





Thursday, September 3, 2009

Fairfax Ridge Condo Weekly Sales Report 8/28/09 - 9/4/09

MyFairfaxRidgeCondo.com

Relevant Real Estate Information for the Fairfax Ridge Condo Community

INTRODUCTION

No good updates this week. No closings in the past week and there are still ALOT of short sales at Fairfax Ridge under contract.

What could be very beneficial for buyers looking here, is to get all the there financing ready and hope that one of these short sales come back on the market. Since most of these short sales have already started the process and been under contract for a couple months, it will be a much shorter time for the next buyer. Alot of buyers who put offers on short sales get so frustrated and end up finding something else in the meantime. Which is great news for the next buyer. But you have to act fast !

I am off the Ocean City this weekend ! Hope everyone has a great holiday weekend .

As of today (September 4, 2009 11 AM), there are 4 active listings in the MLS and 13 Condos are currently under contract and 4 Condos have sold in the last 60 days.

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

2 - 1 bedroom units
2 - 2 bedroom units
0 - 3 bedroom unit

NEW LISTINGS

According to MLS, there was 0 new listings this week.


UNDER CONTRACT

According to MLS, there are 13 condos under contract , 2 bank owned and 11 short sale.

11350 Aristotle Dr #7-104 - 14 (DOMP) 1bd/1ba
11352 Aristotle Dr #7-106 - 45(DOMP) 1bd/1ba
3851 Aristotle Ct #1-305 - 182 (DOMP) 1bd/1ba
11321 Aristotle Dr #3-302 -4 (DOMP) 1bd/1ba
11351 Aristotle Dr #8-402 - 5 (DOMP) 1bd/1ba
11329 Aristotle Dr #5-211 -256 (DOMP)2bd/1ba
11329 Aristotle Dr #5-213 - 12 (DOMP) 2bd/2ba
11317 Aristotle Dr #3-310 - 55 (DOMP) 2bd/2ba
3851 Aristotle Ct #1-203 - 8 (DOMP) 2bd/2ba
3851 Aristotle Ct #1-109 - 4 (DOMP) 2bd/2ba
11345 Aristotle Dr #6-410 - 26 (DOMP) 2bd/2ba
3851 Aristotle Ct #1-407 -0 (DOMP) 2bd/2ba
11373 Aristotle Dr #309 - 3 (DOMP) 3bd/2ba


I will have the final numbers for these once they close


SOLD

According to MLS, 4 condos sold in the last 60 days .

11355 Aristotle Dr #8-113 - 18 (DOMP) 2bd/2ba Bank Owned

Asking Price - $259,900
Sales Price - $240,000
Seller Subsidy - $0

11326 Aristotle Dr #4-304 - 144(DOMP) 1bd/1ba Short Sale (took 4 months to close)

Asking Price - $164,900
Sales Price - $165,000
Seller Subsidy - $3,917

11320 Aristotle Dr #4-308 -24 (DOMP) 1bd/1ba Short Sale (took 3 months to close)

Asking Price - $179,500
Sales Price - $165,000
Seller Subsidy - $2,500

11317 Aristotle Dr #3-313 -26 (DOMP) 2bd/2ba Short Sale (took 3 months to close)

Asking Price - $245,000
Sales Price - $225,000
Seller Subsidy - $5,249.98

11350 Aristotle Dr #7-301 - 36 (DOMP) 2bd/2ba Short Sale

Asking Price - $239,000
Sales Price - $228,000
Seller Subsidy - $5,000

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 August




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 2 condos for rent

1bedroom units - 0 available
2bedroom units - 2 available
3bedroom units - 0 available

1 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.